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BTE Bateman Eng

31.98
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bateman Eng LSE:BTE London Ordinary Share NL0000039147 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.98 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

license announcement

07/11/2005 10:06am

UK Regulatory


RNS Number:7181T
Bateman Engineering N.V.
07 November 2005

7 November 2005


                          BATEMAN AWARDED LICENSE FOR
                       NORAM'S SULPHURIC-ACID TECHNOLOGY

Bateman Engineering N.V. ("Bateman") a leading engineering, contracting and
project management company specialising in the mineral resources industry, today
announces an agreement with Noram Engineering and Constructors ("Noram") of
Vancouver, Canada, under which Bateman will become the exclusive licensee for
Noram's sulphuric-acid plant technologies in the sub-Saharan area.

As a result of this agreement, Bateman will undertake projects on sulphuric-acid
facilities across the entire spectrum, from plant audits to feasibility studies,
design, procurement, construction and commissioning of complete new plants, and
upgrading facilities, where Bateman will be able to retrofit individual pieces
of equipment into existing plants. Plant capacities can range from as little as
100 t/day of sulphuric acid to the largest practical capacities. Plant-emission
levels can meet client requirements or be designed to meet the most stringent
international environmental legislation and best practice.

According to the agreement, Noram will provide the technology and proprietary
equipment based on its proven North American and European track record. Bateman
will contribute its project-execution experience, drawing on its 85-year track
record which includes over 1 000 projects in more than 50 countries since 1980.
On the African continent, Bateman has worked in approximately 20 countries.

The key process and technological advantages offered by Noram include:

*   Proprietary and proven technology, including Noram's advanced gas/gas
    heat exchangers, seeing service in over 80 installations worldwide
*   Patented and compact design features that produce smaller plot plans and
    improved capital cost
*   Equipment designed for reduced operating costs and improved safety
*   State-of-the-art engineering design tools and proprietary software,
    including static and dynamic modelling of plants.

This technology complements and extends Bateman's capability to serve the
minerals- and metals-processing industry where sulphuric-acid plants are
required as part of a minerals-processing complex or fertiliser plant, or to
produce sulphuric acid as a by-product to augment revenue.

Contacts:

Bateman
Steve Burks, Chief Technology Officer,              +27-11-899-2756


Maitland                                            +44 (0)20 7379 5151
Liz Morley
Brian Hudspith


Notes to editors

Bateman, registered in the Netherlands, is a technologically-driven
engineering-project house providing the minerals and metals industries worldwide
with solutions to the challenges of converting natural resources into marketable
products. Services comprise process-orientated engineering, specialist niche
technologies, financial and commercial facilitation and contracting and project
management.

Noram is a world leader in the supply of sulphuric-acid technology with emphasis
on the de-bottlenecking and upgrading of existing sulphuric-acid facilities.
Noram also has a number of patented and trademarked equipment designs which sets
it apart from other international players. Founded in 1988, this privately owned
Vancouver-based company offers leading-edge technologies to the chemical, pulp
and paper, minerals processing, environmental and electrochemical sectors.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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