Last checked at 6 Nov 2009 07:00
Pressure Technologies plc
6 November 2009
Appointment of Nominated Adviser and Broker
Pressure Technologies plc (the "Company") today announces that it has appointed Fairfax I.S. PLC as Nominated Adviser and Broker to the Company with immediate effect.
For further information, please contact:
| Pressure Technologies plc John Hayward, Chief Executive James Lister, Group Finance Director | Tel: 0114 242 7500 www.pressuretechnologies.co.uk |
| Fairfax I.S. PLC Nominated Adviser and Broker Ewan Leggat | Tel: 020 7598 5368 |
| Rawlings Financial PR Limited Catriona Valentine | Tel: 01653 618 016 www.rawlingsfinancial.co.uk |
Company description:
Pressure Technologies is the holding company for Chesterfield Special Cylinders Limited ("CSC"). CSC designs, manufactures and offers retesting and refurbishment services for a range of speciality high pressure, seamless steel gas cylinders for global energy and defence markets. The business has been conducted under the "Chesterfield" brand which is a long established name in the cylinders and specialised pressure vessel market.
Chesterfield BioGas, an operating division of Pressure Technologies, formed in November 2008 following the signing of a co-operation agreement with Greenlane® Biogas Limited, the world leader in biogas upgrading from raw biogas to vehicle quality fuel, gives Pressure Technologies exclusive rights to market Greenlane® equipment in the UK and Eire. Chesterfield BioGas will provide turnkey solutions for the cleaning, storage and dispensing of biomethane, produced from waste water treatment and anaerobic digestion of organic waste.