DALIAN, China, July 27 /PRNewswire-Asia/ -- China Industrial Waste Management, Inc. (OTC Bulletin Board: CIWT) ("China Industrial Waste Management" or the "Company"), a PRC-based industrial waste processor and provider of environmental protection, pollution treatment and waste management design services, announced today that its 90% owned subsidiary, Dalian Dongtai Industrial Waste Treatment, Co., Ltd. was approached to lead the oil waste management operation following China's largest recorded oil spill off the coast of Dalian City. The Company was asked to handle oil waste generated by the effort, including oil skimmed off the ocean surface and oil-saturated equipment and refuse such as used absorption felts. It is still unclear how many tons of waste will be generated.

The oil spill occurred during offloading of an oil tanker late on July 16, 2010, and polluted an area of sea covering 11 square kilometers by leaking 1,500 tons of oil into the sea. At one point, a dark-brown oil slick stretched over at least 183 square kilometers of ocean near the hard-hit Xingang port, with 50 square kilometers severely affected. Fires have now been completely extinguished and the focus has shifted to the ocean clean-up and the investigation into the blast. Conducted by Dalian local government, the cleanup started July 17, 2010, one day after pipelines exploded near Dalian's oil reserve base, one of China's largest.

The entire province is mobilized to prevent further ecological damage. As soon as the incident occurred, Mr. Ruiguang Liu, the Company's Chief Engineer and a 12-year veteran of Dalian Dongtai, was called upon to form a consulting team with two other specialists to offer advice and technical support on the clean-up.

"Our hearts go out to everyone affected by this tragedy," said Mr. Jinqing Dong, the Company's Chief Executive Officer. "As members of the Dalian community, our experienced personnel are absolutely committed to executing the important tasks entrusted to us and doing our part to protect and restore the environment. We are truly humbled that Dalian Dongtai has been approached to lead the waste management of the spill. The most important thing now is to clean up the area and ensure the piles of oil-smeared sand and pebbles and oily absorption felts pulled out of the water are treated properly to avoid secondary contamination."

About China Industrial Waste Management, Inc.

China Industrial Waste Management, Inc. is engaged in the collection, treatment, disposal and recycling of industrial wastes principally in Dalian and surrounding areas in Liaoning Province, People's Republic of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. ("Dongtai") and other indirect subsidiaries. Dongtai treats, disposes of and/or recycles many types of industrial wastes, and recycled waste products used by customers as raw material to produce chemical and metallurgy products. In addition, Dongtai treats or disposes of industrial waste through incineration, burial or water treatment, and provides environmental protection services, technology consultation, pollution treatment services, waste management design processing services, waste disposal solutions, waste transportation services, onsite waste management services, and environmental pollution remediation services. For more information, please visit the Company's website ( http://www.chinaciwt.com ).

Cautionary Statement Regarding Forward-Looking Information

This release may include "forward-looking statements." You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain such words as "may," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or the negative or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, our actual performance may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in our reports filed with the Securities and Exchange Commission: the launch and successful operation of the Dongtai Organic Waste Treatment Project, the timing and magnitude of technological advances; the prospects for future acquisitions; the effects of political, economic and social uncertainties regarding the governmental, economic and political circumstances in the People's Republic of China, the possibility that a current customer could be acquired or otherwise be affected by a future event that would diminish their waste management requirements; the competition in the waste management industry and the impact of such competition on pricing, revenues and margins; uncertainties surrounding budget reductions or changes in funding priorities of existing government programs and the cost of attracting and retaining highly skilled personnel; our projected sales, profitability, and cash flows; our growth strategies; anticipated trends in our industries; our future financing plans; and our anticipated needs for working capital. Forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward- looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.



    For more information, please contact:

     Mr. Darcy Zhang, Director of Investor Relations
     Tel:   +86-411-8259-5339
     Email: darcy.zhang@chinaciwt.com
     Web:   http://www.chinaciwt.com

    CCG Investor Relations:
     Mr. Athan Dounis, Account Manager
     Tel:   +1-646-213-1916
     Email: athan.dounis@ccgir.com
     Web:   http://www.ccgirasia.com

SOURCE China Industrial Waste Management, Inc.