Hitachi Zosen Corporation awards Cape purchase order for supply of acoustic and thermal insulation materials

09 February 2017

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce that its Qatar operations have been awarded a purchase order from Hitachi Zosen Corporation, for the supply of acoustic and thermal insulation materials for the desalination plant at Umm Al Houl Power’s integrated water and power project in Qatar. It is expected that the supply of materials will start in March 2017 and be completed by September 2017. The contract for installation of these materials was previously awarded to Cape by DEBAJ, a subcontractor of Hitachi Zosen Corporation.

Hitachi Zosen Corporation is constructing a large-scale desalination plant for Qatar (approximately 590,000 tonnes per day from the multi-stage flash distillation and reverse osmosis processes) for Umm Al Houl Power, a special purpose company formed by Qatar Electricity and Water Company, Qatar Petroleum, Qatar Foundation and K1 Energy, a joint venture established by Mitsubishi Corporation and Tokyo Electric Power Company(TEPCO).

Samir Chopra, Operations Director Qatar, commented: “We are delighted to sign this contract with Hitachi, we consider this as the beginning of a new relationship with Hitachi as a material vendor.”

About Cape:

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, mechanical services, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs c.16,400 people working across 19 countries and in 2015 reported adjusted revenue of £711.4 million.

− End −

Enquiries:

Cape plc                                                                +44 (0) 1895 459 500
Joe Oatley, Chief Executive
Michael Speakman, Chief Financial Officer
Ian Wood, Head of Investor Relations

 

Buchanan                                                             +44 (0) 207 466 5000
Bobby Morse, Ben Romney, Chris Judd


    Video loading...