Porvair PLC Significant Contract Win (7673Y)
December 04 2014 - 2:01AM
UK Regulatory
TIDMPRV
RNS Number : 7673Y
Porvair PLC
04 December 2014
For immediate release 4 December 2014
Porvair PLC
Significant Contract Win
Porvair selected for Chinese gasification filtration project
Porvair plc ("Porvair" or "the Group"), the specialist
filtration and environmental technology group, today announces that
it has won a new contract expected to be worth in excess of $10m.
Porvair's Microfiltration division has signed an agreement with a
Chinese state oil company to supply char filtration equipment to a
coal-to-substitute natural gas (SNG) gasification project to be
built at an oil refinery in Guangdong, China. Deliveries are
expected to commence in 2016 with commissioning during 2017 and
2018.
Ben Stocks, CEO of Porvair plc commented: "Gasification
filtration is an important market for Porvair and this is another
significant contract win. The project uses similar technology to
that supplied to POSCO, Reliance and SG Solutions and is similar in
scale to the POSCO installation. After-market opportunities exist
for all four projects, and a set of spares for POSCO will be
shipped in 2015."
For further information, please contact:
Porvair plc 01553 765 500
Ben Stocks, CEO
Chris Tyler, Group Finance Director
Buchanan
Charles Ryland / Steph Watson 020 7466 5000
Porvair plc
Porvair is a group of specialist filtration and environmental
technology businesses. Its products are used in a range of niche
filtration markets, and are derived from its expertise in the
design and manufacture of filtration systems using ceramic, metal,
plastic and carbon media. Its Seal Analytical business is a market
leader in the manufacture of laboratory based water analysis
equipment
This information is provided by RNS
The company news service from the London Stock Exchange
END
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