For Immediate Release |
13 February 2013 |
Contract Win
Porvair plc ("Porvair" or "the Group"), the specialist filtration and environmental technology group, today announces that India's largest private sector enterprise, Reliance Industries Limited ("Reliance"), has selected Porvair to design and build char filtration systems for its planned gasification plant at Jamnagar. The value of the contract to Porvair is undisclosed for commercial reasons.
Reliance's Jamnagar site is the largest oil refining complex in the world, with an aggregate refining capacity of 1.3 million barrels of oil per day. The gasification plants at Jamnagar will be among the largest in the world and will process petroleum coke and coal into synthesis gas using E-Gas™ technology licenced from Phillips 66.
Commenting, Ben Stocks, CEO of Porvair said:
"We are delighted to have been selected for this high profile work in India that significantly strengthens our position in Energy and Industrial filtration markets. Elements of the engineering will be similar to the work we are currently doing for POSCO in South Korea, but the initial Jamnagar installation will be three times larger. The project is modular in design. Engineering work will start immediately with much of the work being exported from our plant at Segensworth, UK. The financial impact of the contract will be spread over several years."
For further information please contact:
Porvair plc |
+44 (0)1553 765 500 |
Ben Stocks, Chief Executive |
|
Chris Tyler, Group Finance Director |
|
|
|
Buchanan |
+44 (0)20 7466 5000 |
Charles Ryland / Helen Greenwood/ Clare Akhurst |
|
Notes to Editors
Porvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke products that are used in a range of niche filtration and environmental markets. Its principal markets are aviation, energy and industrial process, environmental laboratories and non-ferrous metals.