Specialist Energy Group announces new contract in China.
Specialist Energy Group (LON:SEGR) today announced a new contract in China for its wholly owned subsidiary, Hayward Tyler Group. The niche engineering and manufacturing group said that the order was for the delivery of two new 520kW glandless motor pumps for a conventional power station in Shentou, Shanxi Province, China.
The Hayward Tyler pumps will be used in two 600MW Advanced Supercritical Once-Through boilers which achieve a significant reduction in CO2 emissions compared to traditional coal powered stations, said the company.
The company now has over 500 installed pumps in China and the Far East which are serviced via its local service facility in Kunshan, near Shanghai.
Meanwhile, Specialist Energy also told investors that it had successfully completed a £2.5m contract in the USA - announced on 8 July 2010.
This was for the delivery of synthetic gasification cooler pumps for use in one of the largest Syngas projects in the world.
The contract was a first in the area of synthetic gasification for Hayward Tyler and signifies an important step for Hayward Tyler as it looks to position itself at the forefront of upgrading clean coal power plants through the use of its technology within Integrated Gasification Combined Cycle Power Plants ("IGCC").
Using the IGCC technology, coal is converted into synthetic gas, which is then processed to remove sulphur, mercury, ash and carbon dioxide.
The gas then goes to a traditional combined cycle power plant using a combustion and steam turbine to efficiently produce electricity.
SEG chief executive Ewan Lloyd-Baker said: "As an export-led business heavily focused on the energy sector, it is critical that our technology is at the forefront of the clean energy drive - whether it be improving the efficiency of traditional coal based energy production or being a part of new initiatives.
"We are delighted that our activities in the US and the Far East reflect both of these aspects."
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