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Pin to quick picksPorvair Regulatory News (PRV)

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830.00    14.00 (1.72%)
Bid:
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Spread: 4.00 (0.485%)
Market Cap: £382.60m
PRV Live PriceLast checked at - London Stock Exchange

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Re Agreement

10 Mar 2005 07:00

Porvair PLC10 March 2005 FOR IMMEDIATE RELEASE 10 March 2005 Porvair signs long term supply agreement Porvair plc today announces that it has signed a long term supply agreement withAlcoa Inc, the world's leading producer and manager of primary aluminium. Underthe terms of the Agreement, Porvair's subsidiary Selee Corporation will supplythe majority of the global molten metal filter requirements for both Alcoa Inc,already Selee Corporation's largest customer, and its subsidiary Howmet Inc fora period of 5 years. Commenting on the agreement, Ben Stocks, Chief Executive of Porvair plc, said: "We are delighted to have again been chosen as a key supplier to Alcoa Inc. ThisAgreement is important for Porvair as it cements the Group's relationship withAlcoa and allows us to expand the range of products and services we bring toAlcoa around the world. It represents a gain in market share for SeleeCorporation and reinforces Selee's position as market leader in the field ofaluminium filtration." Porvair plcBen Stocks, Chief Executive 01553 765 500Chris Tyler, Group Finance Director 01553 765 500 Buchanan Communications 0207 466 5000Charles Ryland / Ben Willey Notes: Porvair plc is a specialist filtration and advanced materials business withexpertise in a wide range of markets including the filtration of molten metals.It invented ceramic foam filtration and is the market leader in the filtrationof molten aluminium. Porvair is listed on the London Stock Exchange. Moreinformation can be found at www.porvair.com Alcoa is the world's leading producer and manager of primary aluminium,fabricated aluminium and alumina facilities, and is active in all major aspectsof the industry. Alcoa serves the aerospace, automotive, packaging, building andconstruction, commercial transportation and industrial markets, bringing design,engineering, production and other capabilities of Alcoa's businesses tocustomers. The company has 131,000 employees in 43 countries and has been amember of the Dow Jones Industrial Average for 45 years and the Dow JonesSustainability Indexes since 2001. More information can be found atwww.alcoa.com. This information is provided by RNS The company news service from the London Stock Exchange
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