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IN BRIEF: MyCelx Secures USD1.8 Million Contract Extension With SABIC

23rd Jun 2020 07:01

MyCelx Technologies Corporation - clean water firm based in Minnesota - Says a purchase order from Saudi Basic Industries Corp has been extended. The contract extension - valued at USD1.8 million - is for a leased water treatment system in the Middle East. MyCelx added it has agreed to run a trial at another SABIC affiliate which, if successful, has the potential to generate further revenues for 2020.

Current stock price: 45.00 pence

Year-to-date change: down 20%

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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