16th Feb 2011 07:00
16 February 2011
Embargoed until 07:00
Hydro International plc
("Hydro" or the "Company")
New Contract Wins worth c.£5m
Hydro International (AIM:HYD), a leading provider of innovative products for the control and treatment of water, is pleased to announce that it has been awarded two major contracts; one in the UK with Tamesis and one in the US with Peyronnin Construction Company.
Hydro's UK Wastewater division has been awarded a £3.5 million contract for its innovative Zickert Sludge Scraper technology with Tamesis, a joint venture between Laing O'Rourke and Imtech Process Ltd. The Zickert Sludge Scraper reduces operating and infrastructure capital costs when compared to conventional sludge scraper systems. The scraper system will be installed into large primary settlement tanks at Crossness Wastewater Treatment Works in London, one of Europe's largest treatment plants that services two million people. The installation is scheduled for completion in 2012.
Hydro's US Wastewater division has been awarded a $2.7 million contract for two 44 ft. Storm King® systems for the City of Boonville, Indiana. The Storm King® removes pollutants and disinfects overflows from combined sewers carrying both stormwater and wastewater, and can deliver up to a 50% reduction in overall project costs when compared to conventional solutions. It uses a hydrodynamic vortex separator, which has no moving parts and requires no power. Construction of the two facilities for the City of Boonville is scheduled for completion by the end of 2011.
Steve Hides, CEO of Hydro International, commented: "We are delighted with the building momentum of contract wins across our business divisions, and these deals announced today follow the landmark deal we announced in November 2010 of a £15.6m contract in the UK. It is clear that our enhanced sales teams alongside our international reach and innovative, quality products are delivering results. We look forward to further updating the market with our Final Results on Tuesday 8th March 2011."
For further information please contact:
Hydro International | Arden Partners plc | Threadneedle Communications |
Tel.+44 (0)1275 878371 | Tel. +44 (0)20 7614 5917 | Tel. +44 (0)20 7653 9850 |
Steve Hides, CEO | Richard Day | Graham Herring |
Tony Hollox, CFO | Steven Douglas | John Coles |
Fiona Conroy |
About Hydro International
Hydro International plc is a global supplier of environmentally sustainable products and innovative solutions that control and treat stormwater, wastewater and combined sewer overflows. Hydro International's products use a range of advanced technologies including award-winning advanced vortex technology. With Group and UK Stormwater operations based in Clevedon, North Somerset Hydro International also operates in the UK from offices in Ely, Cambridgeshire as well as across the US from bases in Portland, Maine and Hillsboro, Oregon. The Company is a public company listed on the London Stock Exchange (AIM market ticker: HYD). Please visit the website for further information www.hydro-international.biz.
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