31st Jul 2014 11:52
LONDON (Alliance News) - Biome Technologies PLC said Thursday it has received an order worth GBP100,000 for ten pre-production units of its portable induction-welding system.
The order is part of Biome's contract with Durapipe UK Ltd. The order will be delivered in the fourth quarter of 2014.
Following delivery, the units will undergo in-market testing, Biome said. The new device will work with Durapipe's new system using induction heating technology.
The equipment was designed by Biome 's Stanelco RF Technologies Division.
Shares in Biome were trading down 1.4% at 180.00 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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