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Pin to quick picksPorvair Regulatory News (PRV)

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Market Cap: £391.82m
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Significant Contract Wins

26 Jan 2015 07:00

RNS Number : 0492D
Porvair PLC
26 January 2015
 



For immediate release 26 January 2015

 

 

 

Porvair PLC

 

Significant Contract Wins

 

Gasification filtration spares

 

Porvair plc, the specialist filtration and environmental technology group, today announces that it has secured spares orders with three of its gasification customers to provide filter elements to installations in the USA, India and Korea. In total the orders amount to additional revenue of $5.5m.

 

Ben Stocks, CEO of Porvair plc commented: "We are pleased to have received initial commissioning spares orders in what we hope will become long term supply arrangements with POSCO of South Korea and Reliance in India to support their gasification installations. Our US customer will take delivery of a re-designed set of spares in 2015 that we expect to have a longer operating life. The new design is proprietary and will strengthen our position in this market"."

 

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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