TANH - Tantech's subsidiary bags RMB22.2M order for distribution in Taiwan; shares up 3%

Tantech Holdings' (TANH) subsidiary, Zhejiang Tantech Bamboo Technology has received an order of RMB22.2M or $3.34M from an undisclosed existing customer for distribution in Taiwan.The products include activated carbon for water purification, far-infrared bamboo charcoal dehumidifying cushions and far-infrared height adjustable bamboo charcoal pillows.The undisclosed customer is a global trading company, focusing on washing supplies, packaging materials, household products, environmental protection materials and more.Under the multi-million dollar order the shipment will start this month and will complete within 5 months.Shares up 3% PM.

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Tantech's subsidiary bags RMB22.2M order for distribution in Taiwan; shares up 3%