CINCINNATI, July 30, 2015 /PRNewswire/ -- CECO
Environmental Corp. (NasdaqGM: CECE), a leading global
environmental, energy and fluid handling technology company,
announced today that its Emtrol-Buell subsidiary recently received
a new order totaling $14.5 million.
This order is being supplied to a major US oil company for their
refinery in the Texas gulf coast
and consists of cyclones and related equipment for a large FCC
reactor and regenerator, as well as vessels and vessel heads, all
being fabricated in the US and Canada. The order is expected to ship in the
first half of 2016.
"I am pleased by this significant new business award as it
demonstrates that we have successfully integrated Emtrol-Buell into
the CECO organization and that our Sales Excellence initiative is
having a positive impact," said Jeff
Lang, President and Chief Executive Officer of CECO.
"Through the combination of Emtrol-Buell division late last year,
we gained the size and scale necessary to be a comprehensive
supplier of cyclone systems around the globe and this win is a
perfect example of our strong position in the refinery industry.
Emtrol-Buell is evolving as the leading global refinery cyclone
provider with superior high performance technology, project
engineering excellence and application expertise. The global
petrochemical and refining sector remains a robust market for CECO
and we will continue to look for ways to leverage our position in
this sector through our OneCECO initiative."
ABOUT CECO ENVIRONMENTAL
CECO Environmental
Corp. is a leading global environmental, energy and fluid handling
technology company. Through its well-known brands, CECO provides a
wide spectrum of products and services including dampers &
diverters, cyclonic technology, thermal oxidizers, filtration
systems, scrubbers, fluid handling equipment and plant engineered
services and engineered design build fabrication. These products
play a vital role in helping companies achieve exacting production
standards, meeting increasing plant needs and stringent emissions
control regulations around the globe. CECO globally serves the
broadest range of markets and industries including power,
municipalities, chemical, industrial manufacturing, refining,
petrochemical, metals, minerals & mining, hospitals and
universities. CECO is focused on building long-term shareholder
value by bringing its unique technology, portfolio and operational
excellence to strategic key growth markets around the world, while
maintaining the highest standards of employee development, project
execution and safety leadership. CECO is listed on NASDAQ under the
ticker symbol "CECE" and is a member company of the Russell 2000
Index. For more information on CECO Environmental, please visit the
company's website at
http://www.cecoenviro.com.
Contact:
Corporate Information
Jeff Lang, Chief Executive
Officer
Ed Prajzner,
Chief Financial Officer
1-800-333-5475
or
Investor Relations:
Shawn Severson
The Blueshirt Group
Phone: (415) 489-2198
Email: Shawn@blueshirtgroup.com
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All forward-looking statements are subject to certain
risks, uncertainties and assumptions. These risks and
uncertainties, which are more fully described in CECO's Annual and
Quarterly Reports filed with the Securities and Exchange
Commission, include changes in market conditions in the industries
in which the Company operates. Should one or more of these
risks or uncertainties materialize, or should the assumption prove
incorrect, actual results may vary in material aspects from those
currently anticipated.
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SOURCE CECO Environmental Corp.