Pressure Technologies secure significant contract with EDF Energy

Pressure Technologies (LON:PRES), the specialist engineering group, has today announced that its wholly owned subsidiary, Sheffield based Chesterfield Special Cylinders Limited (CSC), has secured a significant contract in excess of £3 million to supply nitrogen storage solutions to EDF Energy for its UK nuclear power plants at Heysham, Torness and Hartlepool.

This design and supply contract comprises ultra large high pressure cylinders manufactured at CSC’s Sheffield facility, in an innovative series of nitrogen storage packages to meet EDF Energy’s operational requirements.  The modular design is seismically qualified to allow ease of installation at EDF Energy’s sites. The cylinder packages will be supplied to EDF Energy by mid-2020.

Chris Walters, Chief Executive Officer of Pressure Technologies, commented:

“This contract represents the largest order in Chesterfield Special Cylinders’ history outside of the defence sector and is extremely important for the Chesterfield team and for the Pressure Technologies Group. Through the provision of these safety-critical systems, we are delighted to be supporting EDF Energy’s existing and continued commitment to supply safe, low-carbon electricity to UK homes.”

CSC is a long-standing key supplier of gas storage solutions to power stations across the UK.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn

    More articles like this

    Pressure Technologies All resolutions passed at AGM

    At the Annual General Meeting of Pressure Technologies PLC (LON:PRES), held yesterday at 16.15 hours, all the resolutions proposed were duly passed. Details of the proxy voting are given below. Result of proxy votes Resolution VotesFor

    Pressure Technologies publish Annual Report

    Pressure Technologies (LON:PRES) today announced that the Annual Report for the year ended 28 September 2019 and the accompanying notice of annual general meeting are now available to download from the Group’s website under ‘Investors; Reports, Documents

    Pressure Technologies Plc A return to profitability

    Pressure Technologies Plc (LON:PRES), the specialist engineering group, announced today its interim results for the 26 weeks to 30 March 2019.   Financial Results* ●     Group revenue up 59% to £14.5 million (2018: £9.1 million) ●     Gross profit up

    Pressure Technologies Plc New Adviser Appointments

    Pressure Technologies Plc (LON:PRES) has today announced the appointment of N+1 Singer as its new Nominated Adviser and Broker and IFC Advisory as its new Financial Public Relations & Investor Relations advisers. Following these changes, the

    Gresham House Strategic plc

    Four announcements to watch out for in May and June

    Pressure Technologies (LON: PRES) Pressure Technologies has been trying to complete the spin-off of its Greenlane biogas equipment subsidiary into a TSX-V quoted company for six months. This could finally happen in the next few weeks.