Corporate Synergy, which has released forecasts ahead of the flotation, envisages a rapid ramp up in pre-tax profit to 6.6 million in 2006, jumping to 11.6 million by 2007.



Tinci operates in the Guangdong Province of China where it has completed six FGD
and water treatment projects since 2002 and a further two in other provinces. In
2005, it was awarded the contracts for two additional large FGD projects. The
company generated over 16 million revenues and a pretax profit of over 4
million in the year ended 31 December 2005. Tinci is the exclusive licensee in
China of the FGD technology of DUCON EEC, an American company that is a world
leader in the reduction of SO2 from flue gas emissions.


Floated right at bottom of range due to adverse market conditions now playing catch up.

recent press comment:

"over on the junior market aim newcomer Tinci holdings attracted interest as traders spotted enormous potential in its Flue Gas Desulphurisation product."


missed out on SOLA then these are a must.

I was a bit rude about this one yesterday on Ateeq's thread, but the low market cap gives also a low forward PE! Could well be worth a go, especially if the order books continue to grow. DYOR.

not a bad run today,may be time to catch up sola before it runs forward to new highs.

Good write-up in THE BUSSINESS yesterday as regards China's pollution woes.

TNCI not mentoined but should be well placed to help clean-up the pollution discharged into the enviroment via the Flue Gas Desulphurisation (FGD) system. But also with the added spur to have clean air for the Beijing 2008 Olimpics.


THE BUSSINESS

Dated 17/18-09-2006.

BENCHMARK. Page 24.



Chinas pollution woes could be a chance to clean up. (not complete article).

China is finally coming clean about the cost to its economy of its huge pollution problem.
The State Enviromental Protection Agency (SEPA) and the National Bureau of Statistics (NBS) have produced an audit for 2004 showing that pollution cost the country 511.8bn yuan ($64bn), or 3% of GDP. Officials acknowledge that the real figure may be higher, as full figures for important areas such as air pollution are not available.
One provincial green audit produced a figure closer to 8% of GDP, while a well-informed official has estimated that the true national figure may be 10%.
The SEPA-NBS audit is a sign that the government is taking the economic penalty for for pollution seriously. But how effective and fast remedial action will be remains to be seen. The portents are not exactly encouraging.
China is now the biggest emitter of sulphur dioxide, which causes acid rain. Discharges jumped by 27% in 2000-05, and only half of the countrys coal mines are believed to have fitted the legally required desulphurization technology. The rash of steel plants built recently is likely to make things worse.

(And as wrote in the article)

The Central authorities have pledged to reduce polluting emissions by 2% by the end of this year. The prospect of sulphur dioxide and other pollutants clouding the skies over Beijing during the 2008 Olympics is acting as a spur to action. A 330bn-yuan plan has been drawn up to build sewage treatment plants for all chinas cities.

(Also as wrote in the article)

Those seeking a silver lining see the need to develop cleaner manufacturing and pollution techniques as a potential means of spawning a new green technology export industry. At the same time, an antipollution drive would open the way for foreign firms to sell their expertise. Frances Sues group has built more than 150 water treatment plants in China, has four contracts with cities and is reported to be the preferred bidder for a $1bn water project at Changshu in the Shanghai region.

(Finally as wrote in the article)

It is clear the conflict between economic growth and environmental growth is coming to a head, Zhou is reported as saying. The growth in facilities to reduce emissions has lagged far behind the rapid expansion in new construction.



Sorry its not the complete article, could not find it online so had to type it out (with one finger).

Tipped at the weekend in TMI apparently, with thanks to a poster on ADVFN called Matt.

New Contract Win (Tinci)



TIDMTNCI

RNS Number : 3860Y
Tinci Holdings Ltd
02 September 2009

?




FOR IMMEDIATE RELEASE 2 September 2009


TINCI WINS NEW FGD CONTRACT


The Directors of Tinci Holdings Ltd. ("the Company" or "Tinci") (TNCI), the AIM
quoted environmental engineering company, today announces that the Company has
successfully tendered for a RMB 43.9 million contract with Sinopec's Xinjiang
Dushanzi operation in Xinjiang province. The contract is for three 46MW and two
70MW installations and will use Tinci Flue Gas Desulfurization ("TFGD")
technology. This project is the third TFGD desulfurization project which the
Company has won in the petrochemical sector in China and is expected to take
approximately twelve months to complete. The Company has previously won
the Lanzhou project with China Oil and the Luoyang project with Sinopec. The
Directors believe that Tinci's TFGD technology is well regarded by both China
Oil and Sinopec.


ABOUT TINCI HOLDINGS LTD


Tinci Holdings Ltd. is the parent company of Tinci Sanhe Environmental
Engineering Co. Ltd., an environmental engineering company founded in October
2001, which is primarily involved in developing, manufacturing and installing
flue gas desulphurisation (FGD) systems for reducing sulphur dioxide (SO2)
emissions from coal-fired power stations and large industrial boilers in China.


The Company's shares are traded on the AIM market of the London Stock Exchange
under the symbol 'TNCI'.


For further information on Tinci and on its various FGD technology processes,
please visit www.tinciholdings.com or contact:

Tinci Holdings Ltd
David Steeds Tel: +44 (0)7836 578222
Joshua Cheng Tel: +1 512 577 4613


Hanson Westhouse Limited
Tim Metcalfe
Christine Zhang Tel: +44 (0) 20 7601 6100

This information is provided by RNS
The company news service from the London Stock Exchange
END

Wednesday, September 02, 2009
Environmental Engineering Group Tinci Holdings secures contract with Sinopec



Shares in Tinci Holdings (AIM: TNCI) were on the move again this morning after the company reported that it had won a RMB 43.9 million contract with Sinopecs Xinjiang Dushanzi operation in Xinjiang Province.

Tinci will install its flue gas desulphurization technology in three 46 megawatt and two 70 megawatt operations. This project is the third TFGD desulfurization project which the Company has won in the petrochemical sector in China and is expected to take approximately twelve months to complete, the company said. The Company has previously won the Lanzhou project with China Oil and the Luoyang project with Sinopec. The Directors believe that Tinci's TFGD technology is well regarded by both China Oil and Sinopec.

Tinci Holdings is primarily involved in developing, manufacturing and installing flue gas desulphurisation (FGD) systems for reducing sulphur dioxide (SO2) emissions from coal-fired power stations and large industrial boilers in China.

http://proactiveinvestors.co.uk/companies/news/7738/environmental-engineering-group-tinci-holdings-secures-contract-with-sinopec-7738.html

China's Green Economy
Tuesday, 01 September 2009 06:10

http://www.paltelegraph.com/economics/world-economics/2075-chinas-green-economy

Green is the new consumer mantra
2009-08-28 08:30:29

'The country's recent economic stimulus includes the largest green package in the world. And the government has created attractive opportunities for businesses providing industrial products that reduce environmental pollution or generate safe energy such as flue gas desulfurization, variable frequency drives and biomass power'.

http://news.xinhuanet.com/english/2009-08/28/content_11956199.htm

Chinese to add 358,000 MW of flue gas desulphurization (FGD) by 2020

26 August 2009
According to the latest forecast in FGD World Markets, the installed capacity of FGD systems in China will rise from 365,000 MW this year to 723,000 MW in 2020.

In an effort to clean up pollution fom its coal-fired plants, China is investing over 100 billion dollars in 358,000MW of FGD.

http://www.worldpumps.com/view/3565/chinese-to-add-358000-mw-of-flue-gas-desulphurization-fgd-by-2020/

Lots of articles recently on tackling pollution which may stem across from China to other parts of the world. After the recent very big stimulus package by the Chinese government near the end of August, our contract win news followed last week. The company has hinted that it is working on several joint venture agreements in the recent results. The current sector the company is in could be the next big thing over the coming months and with fair value imo of 30p (NAV off 25p) as it stands only a matter of time before the big correction occurs imo. The chart is slowly but surely turning into a positive trend having bombed out during the downtrend from 120p over the last 3 years.

More good news today on cutting greenhouse gas emissions (means more FGD contracts are on offer)...hot topic at the moment as per other recent articles.

Japan vows big climate change cut
Page last updated at 11:49 GMT, Monday, 7 September 2009 12:49 UK

Japan's next leader has promised a big cut in greenhouse gas emissions, saying he will aim for a 25% reduction by 2020 compared with 1990 levels.

http://news.bbc.co.uk/1/hi/sci/tech/8241016.stm

New article today and again more positivity on news coming out from China:-

China vows climate change action
Page last updated at 17:13 GMT, Tuesday, 22 September 2009 18:13 UK

China will increase efforts to improve energy efficiency and curb the rise in CO2 emissions, President Hu Jintao has told a UN climate summit in New York.

http://news.bbc.co.uk/1/hi/sci/tech/8268077.stm

Nice rise and volume today. On the verge of the long awaited breakout to alot nearer to NAV of 25p. Even any correction to mid teens would still severely undervalue the company. Spread is wide because they have gone short of stock which will accelerate the rises and was hard to buy in size today and offering big premiums for shares.

Broke the 6.50p resistance level now and expect the price to get to the next resistance level of 15.75p possibly this week. Short of stock is evident and the big rise i.e. 100% is imminent imo.

News Out this Week - More FGD's on offer.

'However, the coal-dominated Chinese energy structure will remain for a long time, said Zhang. Coal-fired power presently accounts for about 67 percent of the total power consumption in China, the largest energy producer in the world. China is actively promoting the application of clean-coal burning technology. So far, about 60 percent of thermal power plants in China have been furnished with desulfurization devices, and all power plants will be furnished with flue gas desulfurization devices in the future'.

http://www.pump-zone.com/global-news/global-news/china-to-increase-proportion-of-nuclear-power-production.html

China to increase proportion of nuclear power production

BEIJING, CHINA China is looking to reduce its carbon emissions, and expanding the nuclear generation base is an integral part of reaching that goal.

According to Zhang Guobao, vice director of China's National Development and Reform Commission and Director of the National Energy Administration, China will take measures to reduce carbon emission and energy consumption, including strongly increasing the proportion of nuclear power in its energy structure; accelerating the development of new energies such as wind power; promoting the implementing of desulfurization devices in all thermal power plants; and eliminating inefficient units.

Zhang was speaking at a news conference in Beijing on September 25, regarding China's energy development in the past 60 years.

http://www.electricityforum.com/news/sep09/Chinalaysoutplaytoreduceemissions.html

today went up to 11p 40% up nowdown a tad