REG - Porvair PLC - Significant Contract Win <Origin Href="QuoteRef">PORV.L</Origin>

PorvairAnnouncement

04/12/2014 07:10

RNS Number : 7673Y
Porvair PLC
04 December 2014
For immediate release4 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
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