Hydro International PLC Contract Win
June 03 2015 - 2:01AM
RNS Non-Regulatory
TIDMHYD
Hydro International PLC
03 June 2015
03 June 2015
Hydro International plc
("Hydro" or the "Company")
Qatar Invests in Hydro Vortex Drop(TM) Shaft Technology
Hydro International plc (AIM: HYD), a leading provider of
environmentally sustainable and innovative solutions to water
management challenges the world over, is pleased to announce that
it has been selected to provide stormwater management products as
part of the major Doha Industrial Area Development project in
Qatar. The contract is worth approximately GBP2m.
The overall project itself will see the development of 480
hectares that will accommodate 580 industrial units. It will
include the rehabilitation and upgrade of more than 38km of road
network with 19 road intersections along with the construction of
an extensive micro tunnel network to house the new drainage and
sewerage systems. It is anticipated that the Industrial Area will
be completed by mid-2016.
Hydro's Vortex Drop(TM) Shaft technology was selected as a
highly robust and proven technology that provides simple
installation, design flexibility and an effective mechanism to
safely drop a wide range of stormwater flows.
Michael Jennings, Chief Executive commented, "We are delighted
to have secured this contract in Qatar. This project win represents
a growing trend being seen in Hydro's business whereby our
class-leading solutions are addressing water management challenges
in emerging markets just as successfully as in the more established
economies of the world."
For further information please contact:
Hydro International Arden Partners Newgate
plc plc
Tel.+44 (0)1275 Tel. +44 (0)20 Tel. +44 (0)20
878371 7614 5900 7653 9850
Michael Jennings, Steve Douglas Tim Thompson
Chief Executive
Tony Hollox, CFO James Felix Robyn McConnachie
Ciaran Walsh Jasper Randall
About Hydro International
Hydro International plc (AIM: HYD) (Hydro) is a global supplier
of environmentally sustainable products and innovative solutions
for the control and treatment of stormwater, wastewater and
combined sewer overflows. Hydro's products use a range of advanced
technologies including award-winning advanced vortex technology.
Headquartered in Clevedon, North Somerset, Hydro also operates in
the UK from offices in Ely, Cambridgeshire, as well as across the
US from bases in Portland, Maine and Hillsboro, Oregon. The Group
has a growing presence outside its core North American and UK
markets in territories including: Ireland, the Middle East, Mexico,
Brazil, Russia, the European Union, China, Malaysia, Singapore,
Korea, Australia and New Zealand.
Please visit the website for further information
www.hydro-int.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAUGURGQUPAGCP
Hydro Intl (LSE:HYD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hydro Intl (LSE:HYD)
Historical Stock Chart
From Jul 2023 to Jul 2024