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Signature of major contracts in Serbia for 79 M € provision of a combined hydrogen / Contract award
December 23rd 2009 Vincennes, December 23, 2009 - Heurtey Petrochem (ISIN FR0010343186), the leading independent furnaces for the refining and petrochemical industries, today announced the signing of two important contracts in the fields of hydrogen and refining. Heurtey Petrochem has won two contracts totaling 79 million euros for modernization of the refinery in Pancevo in Serbia, on behalf of the company Naphtha Industrial Serbia (NIS), controlled by the Russian company Gazprom . These contracts include: • The turnkey delivery of two furnaces for refining the new hydrocracking unit designed to process heavy oils; • The turnkey delivery of a combined production of hydrogen needed to operate the unit using hydrocracking technology and Haldor Topsoe. The completion of these projects will use international forces group with input from several subsidiaries, including India for much of the detailed studies, Romania for the manufacture of critical components of furnaces and Russia. The activity on-site assembly will be conducted by Serbian companies. Delivery of the set is scheduled from September 2011 to January 2012. "This new major success in the field of hydrogen further validates our strategy of developing this market with great potential. It allows our group to find its place among The Engineering can provide complete units of hydrogen and again and play a major role in this sector, as we announced long, "said Michel Pingeot, Chairman of Heurtey Petrochem. At the end of 2009, Heurtey Petrochem displays a dynamic commercial support. With these new contracts, the Group significantly consolidated its backlog, which already amounted to a very high level at September 30, 2009 (277 million euros) and enhances the visibility of its activities for 2010 and 2011. |
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