Carbon dioxide equipment contract win

RNS Number : 5065I
TP Group PLC
22 March 2018
Carbon dioxide equipment contract win

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a follow-on contract worth £0.8 million to supply additional carbon dioxide treatment equipment for fitment to a new-build submarine as part of an existing overseas programme.

This order is the second in a multi-unit programme for the latest design of TPG's carbon dioxide systems that are smaller, lighter and quieter than their predecessors. The equipment will be built across the TPG Engineering facilities and is expected to be delivered in 2018.

Phil Cartmell, Chief Executive Officer of TP Group commented:

"This contract reinforces our position as innovators in the management of carbon dioxide and is further evidence of our reputation with global prime contractors, and contributes to our continuing growth in overseas markets."