Environmental Elements receives 2 contracts

Maryland Watch

August 11, 1998

Environmental Elements Corp. said yesterday that it has been awarded contracts worth $1.8 million to supply air pollution control equipment to two paper plants.

The Baltimore company got a contract from Ahlstrom Recovery Inc. for a paper mill in Syktyvkar, Russia.

The device to be sent to Russia will control emissions from a lime kiln. The project, initiated by Environmental Elements' Finnish licensee, SF Cleanair, is Environmental Elements' first contract in Russia. It is being financed by the Export-Import Bank of the United States.

Environmental Elements said it also has been awarded a contract Wausau-Mosinee Paper Corp. in Mosinee, Wis., to design and supply an electrostatic precipitator to remove dust particles from steam emitted during power generation.

Most paper mills generate their own power by burning a variety of industrial waste fuels, such as tree bark.

The equipment is expected to be delivered next month.

Shares of Environmental Elements -- which for its 1998 fiscal year, which ended in March, posted its first operating profit since 1992 -- closed unchanged yesterday at $3.50.

Pub Date: 8/11/98

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