Energy Composites Corporation Receives MEGA Order for Composite Tanks
2010年7月21日 - 10:30PM
ビジネスワイヤ(英語)
Energy Composites Corporation (“ECC”) (NASDAQ OTC:ENCC) a
leading provider of composites-based solutions to the clean-tech
sector, today announced that it has received the largest composite
structure fabrication purchase order in the Company’s history.
Under the multi-million dollar agreement, ECC will fabricate 76
large diameter chemical storage tanks for a global mining leader’s
new nickel processing plant in Newfoundland. Production begins in
August and runs throughout the remainder of 2010 and much of 2011.
ECC will complete its work on the project under a subcontract from
its strategic partner in Canada, AC Plastiques.
ECC will produce 76 vertical, fiber-wound tanks in diameters
from 20 feet to 6 feet. All tanks will be produced in ECC’s 73,000
square foot Wisconsin Rapids, WI climate controlled production
center. The tanks will then be taken to a shipping port on Lake
Michigan so that they can more easily be shipped by barge to the
Newfoundland site. The larger tanks will be produced with ECC’s new
portable horizontal field winder, which enables ECC to wind very
large diameter tanks up to 40 feet in length without body
joints.
ECC’s corrosion resistant tank design makes use of Derakane®
Epoxy Vinyl Ester resins from Ashland Inc. As well as boron-free
Advantex ECR™ glass from Owens Corning. The Company’s logistics
advantages include the opportunity to ship completed tanks by barge
from the lake port at Manitowoc, WI to the final destination in
Newfoundland. ECC will complete engineering and design work on the
project shortly and then initiate production next month.
“We are pleased to receive this significant contract,” noted
Jamie Mancl, ECC’s President and Founder. “This marks the
successful completion of a twenty four month sales and engineering
effort that was substantially enhanced by the addition of our new
sales and marketing team led by Jim Thomas. I want to congratulate
our entire ECC team as well as our partners AC Plastiques, Owens
Corning and Ashland, for this achievement.”
Jim Thomas, ECC’s national sales manager, added, “Our sourcing
partnerships and logistics plan made a big difference in securing
this project. Working closely with the client to precisely
understand their requirements allowed us to submit a highly
attractive bid that was ultimately successful. We continue to work
with our client to refine the final work plan, and anticipate
additional orders as well on the project.”
Thom Johnson, Corrosion Industry Manager at Ashland Chemical
added, “ECC worked very hard to secure this project. Their
capabilities to fabricate high quality corrosion resistant
composite equipment using Ashland’s DERAKANE® Epoxy Vinyl Ester
resins at a competitive price was the key in winning this bid. We
look forward to working closely with Jamie and his team as they
undertake this momentous project.”
Eric Lamontagne, Vice President of AC Plastiques Canada, Inc.,
added, “This contract signifies a great deal of success with the
collaboration efforts that had started in early 2008 between AC
Plastiques and ECC Corrosion, formerly AFT, Inc. We look forward to
join our respective forces to deliver competitive, high quality
composite equipment to our client.”
About Energy Composites Corporation
ECC operates a world-class, automated 73,000 sq. ft.
climate-controlled manufacturing facility in Wisconsin Rapids, WI,
employing advanced composite materials to design, engineer and
manufacture complex composite structures, vessels and processing
systems for a range of clean-tech applications that include: wind
energy system components, flue gas desulfurization for power
plants, infrastructure for biofuel storage and processing,
infrastructure for managing waste water and drinking water storage,
advanced municipal utilities infrastructure, and caustic material
storage and handling systems for the petrochemical, mining and the
pulp and paper industries. ECC also provides 24/7 field service
crews nationwide for wind energy system composites maintenance,
repair and overhaul; industrial retrofit, shutdown and maintenance;
system installation; and repair and inspection services. For
additional information, visit our website at
www.energycompositescorp.com or contact Sam Fairchild at
1-800-787-5439.
Certain statements found in this press release may constitute
forward-looking statements. Forward-looking statements are based on
current expectations and include any statement that does not
directly relate to a current or historical fact. Such statements
are generally identifiable by the terminology used, such as
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similar words. Our forward-looking statements in this release
generally relate to our expectations and beliefs with respect to
our growth and expansion activities and plans. Although it is not
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results to differ from our forward-looking statements, such factors
include, among others, the following: (i) unforeseen delays, costs
or liabilities associated with our growth and expansion plans; (ii)
fluctuations in general economic conditions; and (iii) those risks
described from time to time in our reports to the Securities and
Exchange Commission. Investors should not consider any list of such
factors to be an exhaustive statement of all of the risks,
uncertainties or potentially inaccurate assumptions that could
cause our current expectations or beliefs to change. Shareholders
and other readers should not place undue reliance on
“forward-looking statements” as such statements speak only as of
the date of this release. We undertake no obligation to update
publicly or revise any forward-looking statements, other than as
required by law.
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