The project awarded to Prosernat has started with the launch of its first phase for an amount of € 7 million. This project is divided into several phases which could have a total estimated value of about € 100 million. Heurtey Petrochem will include in his order book the amounts of each phase as the client releases them.

Delivery of the project is scheduled for the end of 2018.

Next press release: Q2 2016 revenues, 8 August 2016 after market close.

About Heurtey Petrochem (www.heurtey.com)
Heurtey Petrochem is an international oil and gas engineering Group. It is present in two market segments:

  • process furnaces for refining, petrochemicals and the production of hydrogen, a domain in which Heurtey Petrochem is a global leader.
  • the processing of natural gas through its subsidiary Prosernat. In this sector, the Group operates in both EPC engineering and as a technology licensor.

Heurtey Petrochem performs its activities through a large network of subsidiaries around the world: Brazil, China, India, Korea, Malaysia, Romania, Russia and the United Stated. The group generated a turnover of €420 million in 2015. Heurtey Petrochem is listed on Alternext, NYSE-Euronext Paris (ISIN : FR0010343186, Mnemo : ALHPC).

Forward-looking statements and information concerning the activities of Heurtey Petrochem are included in the press release above. They notably include information relative to the financial situation, results and activities of Heurtey Petrochem. They are based on the expectations and estimates of the management of Heurtey Petrochem. These forward-looking statements and information are associated with a certain degree of risk and uncertainty and are likely to be affected by known or unknown factors which, for many of them, cannot be controlled by Heurtey Petrochem and are not easily anticipated. They may yield results that are substantially different from those expected or suggested by these statements. These risks notably include: uncertainty about changes in relationships with the clientele, suppliers and strategic partners; and generally any unfavourable change in the economic situation, the intensification of competition or modification of the regulatory environment which could affect the activities of Heurtey Petrochem. This list of factors should not be considered as exhaustive.

Contacts
Heurtey Petrochem
Dominique Henri – CEO
Gregory Matouskoff – CFO
Anaïs de Scitivaux – IR
+33 (0) 1 41 93 80 00 / 06 73 21 35 84
invest@heurtey.com