19 February 2007
Press Release 19 February 2007
('Hardide' or the 'Company')
Hardide wins Expro as first new customer for US manufacturing facility
Hardide Coatings (AIM:HDD), the provider of unique surface engineering
technology, is pleased to announce that it has secured orders from the Expro
Group ('Expro') as its first new customer for its recently opened coatings
facility in Houston, Texas.
The order is the result of over 18 months of close co-operation between the
companies to engineer and test a solution to increase the wear resistance of
downhole tractor tool grippers. Hardide has made several prototypes for Expro
that have been run in harsh environments, proving to extend the life time of
Hardide completed a purpose-built 17,000 sq. ft. coatings facility in Houston in
September 2006. The plant houses the first of a number of state-of-the-art CVD
(chemical vapour deposition) vacuum furnaces together with pre-treatment,
inspection, QA and finishing support equipment.
Jim Murray-Smith, chief executive officer of Hardide plc said: 'The response to
our presence in Houston has been highly satisfactory and we have parts in test
from over 30 of the region's major suppliers to the oil and gas industry.
Winning this first order from Expro further validates the Company's expansion
into Houston and we are confident of being able to announce additional contracts
in the near future as they come on-line.'
Francis Neill of The Expro Group said: 'Our company is at the forefront of new
technology and innovation and we are, therefore, pleased to do business with a
company like Hardide, which has proved to offer our components optimized
performance and extended life. We are particularly pleased to be their first
new customer as they establish their business in Houston.'
For further information:
Jim Murray Smith, Chief Executive Tel: +44 (0) 1869 353 830
Daniel Stewart & Company plc
Paul Shackleton, Chloe Ponsonby Tel: +44 (0) 207 776 6550
Chris Lane / Laura Riascos de Castro Tel: +44 (0) 20 7398 7700
Note to Editors:
The Hardide Technology
UK-based Hardide Coatings has developed a unique tungsten carbide based coating
which offers an unprecedented combination of ultra-hardness, toughness, low
friction and chemical resistance when applied to components made from steel,
alloy and other materials. Together with features such as its ability to coat
internal surfaces, Hardide is proven to outperform competing technologies across
many measures. The patented coating is widely used around the world in
aggressive wear or chemical environments primarily in the oil and gas, valve,
pump and aerospace industries.
The Expro Group
Expro International Group PLC is the leading upstream oil and gas technology and
service provider, specialising in flow management, well performance and
production optimisation. The Expro Group employs over 4,000 people worldwide
and is an innovative leader in oilfield technology which enables clients to
maximise recovery of their reserves. For more information, please refer to the
Group's website at www.exprogroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange