Brief: I-Tech Receives Frame Order Worth SEK 53 Mln From Chugoku Marine Paints

I-Tech AB

18/05/2021 09:15

May 18 (Reuters) - I-Tech AB  ITECH.ST :
    * I-TECH AB RECEIVES A FRAME ORDER WORTH 53 MSEK FROM
CHUGOKU
MARINE PAINTS.
    * ORDER IS PLACED BY CHUGOKU MARINE PAINTS AS A MEASURE TO
SECURE
SUPPLY IN EXPANSION OF EXISTING AND NEWLY INTRODUCED FUEL SAVING
ANTIFOULING PRODUCTS AROUND WORLD
    * HAS RECEIVED A NEW FRAME ORDER AMOUNTING TO 53 MSEK FROM
CHUGOKU
MARINE PAINTS (CMP) TO BE DELIVERED DURING 2021 AND 2022.
    * I-TECH AB (PUBL) (TICKER: ITECH) HAS RECEIVED A NEW FRAME
ORDER
AMOUNTING TO 53 MSEK FROM CHUGOKU MARINE PAINTS (CMP) TO BE
DELIVERED DURING 2021 AND 2022.
    * THIS FRAME ORDER CONSTITUTES A MINIMUM UNDERTAKING AND
SPECIFIC
ORDERS, AND TIMING OF SUCH, IS TO BE CLARIFIED FURTHER ON WITH
DELIVERIES COMMENCING IN Q3 2021

Source text for Eikon:  ID:nWkr2Bdjp6 
Further company coverage:  ITECH.ST 

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