Imtech wins 55 million euro order for expansion of Cepsa refinery in
Gouda, The Netherlands, 19 November 2007 - Imtech (technical services
provider in Europe) has a strong position on the Spanish market for
industrial technical services. Imtech was recently commissioned by
oil producer Cepsa for the expansion of the Cepsa 'La Rábida'
refinery in Huelva in Spain. This order represents a value of about
55 million euro.
In southern Spain and the region around Madrid, Imtech offers the
major players in the oil, gas and (petro) chemical industries added
value in the field of industrial assembly, maintenance, shutdowns and
revamping services. As a result of the huge demand for oil and gas
products, the Spanish oil, gas and (petro) chemical industries are in
the process of boosting production capacity substantially by means of
expansion and upgrading.
Imtech has been selected as technology partner for the expansion of
the production capacity of the Cepsa refinery in Huelva. In this
refinery, wide ranges of diesel products are produced from crude oil.
Imtech will be responsible for implementing the complete mechanical
solutions for this expansion, including entirely new crude and vacuum
units, a Gascon unit and dozens of very large pressure vessels.
Imtech is responsible for the detailed engineering, project
management, planning and execution for the entire processing system,
piping, all metallic structures and static and dynamic components of
the extension of the production plant. Some of the materials required
will be produced in Imtech's own 'mechanical shop' in the Huelva
branch. The initial activities are already under way. Imtech expects
to spend more than two years on this project, with an average of 400
people per month working on it. In combination with other current
activities for Cepsa, such as long-term maintenance contracts for the
Cepsa refineries in Algeciras and Tenerife, this order makes Imtech
the primary subcontractor working for Cepsa.
As a result of this expansion, the production capacity of Cepsa in
Huelva will be doubled to about 10 million tonnes of ready-to-use
diesel products per year.
Manager Corporate Communications
Telephone: +31 182 54 35 28
Imtech N.V. is a European technical services provider in the fields
of electrical engineering, ICT (information and communication
technology) and mechanical engineering. With approximately 18,000
employees, Imtech realises annual revenue of 3 billion euro. Imtech
holds strong positions in the buildings, industry,
infrastructure/mobility markets in Belgium, Germany, Luxembourg, the
Netherlands, Eastern Europe, Spain and the UK and in the global
maritime market. Imtech provides services to a total of 12,000
clients. Imtech offers added value in the form of integrated and
multidisciplinary total solutions that lead to improved operating
processes and higher yields for clients and their clients in return.
Imtech also provides solutions that contribute to a sustainable,
liveable society, for example in the field of energy, mobility,
safety and the environment. Imtech shares are listed on the Euronext
Stock Exchange (Amsterdam), where Imtech is included in the Amsterdam
SmallCap Index (AScX) and the Next 150 index.