MONTREAL, QC / ACCESSWIRE / February 26, 2018 / SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK: WUHN) (the “Company”).
The Company announced that it has contracted since December 2017, SENECA, an engineering consulting firm to help engineer and design the planned research battery factory announced by SDET earlier this month.
“Plans for the project are finalized, and the selection of SENECA as the project’s contractor is an essential first step to beginning the project. With their strong industry experience knowledge of the industrial process, requirements for rechargeable batteries and scalability, SENECA is an ideal partner to bring the project to terms,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.
“We are honored that SDET has chosen SENECA to assist them in this current project,” said Raymond Simoneau Ing. P.Eng., MBA, Partner, and Vice-President. “SENECA Engineering now employs over 75 experts which have helped realize thousands of industrial projects in some 15 countries, ranging from the smallest changes to an existing plant to the construction of entire commercial plants. We are excited to be working alongside SDET as their EPCM (“Engineering, Procurement, and Construction Management”) firm on this important project.” Our project teams have been and currently involved in the following innovation-related projects related to the rechargeable batteries:
- LFP (lithium iron phosphate) cathode material
- Hard Rock Spodumene Lithium Salts Conversion demonstration plant (battery grade)
- Synthetic graphene plant (for the Li-ion battery anode)
- High Purity Graphite anode material for the rechargeable battery.
- LMP (lithium metal polymer) process design and plant development
Seneca is a private engineering consulting firm specializing in industrial materials process engineering. We offer comprehensive professional services for the implementation of industrial investment projects in Quebec and abroad. Our proven methods help you carry out and maintain full control of your boldest industrial investment projects. Our team of over 75 experts has helped realize thousands of industrial projects in some 15 countries, ranging from the smallest changes to an existing plant to the construction of entire commercial plants in EPCM mode. We particularly excel in executing projects that require the development of new processes or the integration of new technologies into existing processes aiming to reduce both OPEX and CAPEX.We act as the path from your ideas created in the laboratory, to the pilot plant and demonstration plant, finally leading to their fully operational commercial plants. Our project teams have been and currently involved in the following innovation-related projects related to the rechargeable batteries:
For more information about SENECA Engineering, visit us at www.seneca.ca/en/
Strategic Development of Electrification Technology (SDET) is a Quebec-based enterprise that specializes in the research and development, prototyping, benchmarking and piloting of industrial batteries. The company also produces low-cost, high-performance battery cells designed for a wide-range of heavy-duty industrial electric equipment. These cells are known to have exceptional autonomy and ultra-rapid recharge capabilities, without any degradation or loss of lifecycle.
SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production, and commercialization of its four subsidiaries, specializing in these areas: mining electrification, cryptocurrencies / blockchain, industrial batteries, internet of things and artificial intelligence for the industrial market. Dedicated to supplying quality, innovative technologies and battery solutions, SDT Holdings services the transport, mining, agricultural, industrial and earthmoving industries.
SDT Holdings, Inc
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Phone: (514) 928-7368
Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE: Wuhan General Group (China), Inc.