Business
Contract win with new SABIC affiliate customer
Contract win with new SABIC affiliate customer.
About this update from Mycelx Technologies Corp.
[{"type":"text","content":"\n \nRNS Number : 2968G MyCelx Technologies Corporation 26 May 2017 \n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). This inside information is now considered to be in the public domain.\n26 May 2017\n \n \nMYCELX TECHNOLOGIES CORPORATION\n \n(\"MYCELX\" or the \"Company\")\n \nCONTRACT WIN WITH NEW SABIC AFFILIATE CUSTOMER\n \n \nMYCELX Technologies Corp (AIM: MYX), the clean water technology company providing patented solutions for the oil and gas industry and industrial markets worldwide, is pleased to announce a contract win with a new SABIC affiliate customer.\n \nMYCELX has been awarded a contract for up to $1.1m to deploy in-country rental fleet equipment to manage the oily water treatment needs for a new SABIC-affiliate customer. Our strategically placed rental fleet allows us to respond rapidly to our customers' needs. This latest contract, which follows the recently announced entry into the Nigerian market, further underpins the Company's forecasts for 2017 and it is expected that the project will commence prior to the end of H1.\n \nCommenting on today's announcement Connie Mixon, CEO of MYCELX, said:\n \n\"I am pleased to announce another contract win for MYCELX, and we are delighted to add another SABIC affiliate to our customer base. This is the latest win driven by our recently strengthened Middle East team. In this instance we have leveraged the success of a similar rental fleet application, which provided significant cost savings and operational efficiencies. Today's news highlights further acceptance of our industry leading clean water solutions in Saudi Arabia and will provide continued momentum as we head into the second half of this year and into 2018.\"\n \n<ends>\n \nFor further information please contact: \n\n\n\n\nMYCELX Technologies Corporation\nConnie Mixon, CEO\nKim Slayton, CFO\n\n\n \nTel: +1 888 306 6843\n\n\n\n\nCantor Fitzgerald Europe - NOMAD and Broker\nAndrew Craig\nRichard Salmond\n\n\n \nTel: +44 20 7894 7000\n\n\n\n\nCelicourt Communications\nMark Antelme\nJoanna Boon\n\n\n \nTel: +44 20 7520 9266\n\n\n\n\n \nNotes to Editors\nMYCELX is a revolutionary oi...