Peerless Mfg. Co. (Nasdaq:PMFG) today announced that it has been awarded two European customercontracts for complete Selective Catalytic Reduction (SCR) EnvironmentalSystems totaling approximately $3.5 million.
The first order was received from a world leading industrial gas and engineering company located in Italy. Peerless will design and construct four complete SCR Environmental Systems for fired heaters, to be delivered in Qatar for a large gas to liquid project. The second order was received from a boiler company in the Netherlands for one complete SCR Environmental System that Peerless will engineer and build to meet emission requirements for natural gas with fuel oil as the backup fuel for a new 440 MW CHP (Combined Heat and Power) power plant in Sweden.
Peter J. Burlage, Chief Executive Officer of the Company, stated,"Peerless is very pleased to have been awarded these two contracts from European customers for systems to be deployed in the Middle East and in Sweden. Peerless is well established and recognized in the United States as the leader in designing and building complete SCR Environmental Systems to help our customers meet the required NOx emissions for environmental compliance. Peerless has had an established presence in Europe for many years with our separation and filtration equipment. We are continuing to leverage those longstanding relationships and expand our Environmental Systems business in Europe to meet the growing demand for effective air pollution control solutions."
About Peerless Mfg. Co.
Peerless Mfg. Co. is engaged in the business of designing, engineering, manufacturing and selling highly specialized products used for the abatement of air pollution and products for the separation and filtration of contaminants from gases and liquids. The Company headquartered in Dallas, Texas, markets its products worldwide.
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