Nordic Group has secured contracts amounting to a total value of $24.2 million from new and existing customers within marine, oil & gas, petrochemical, infrastructure and semiconductor industries.
In a filing to SGX dated May 24, the company disclosed that $14.6 million of the new contracts were for capital and maintenance services across three divisions - cleanroom, air and water engineering solutions ($12 million), petrochemical & environmental engineering ($2.1 million), and insulation ($0.5 million).
The cleanroom, air and engineering solutions contracts are mainly for mechanical and tools hook-up services, supply and installation of an air pollution control scrubber as well as a water treatment plant. The contracts will end between 2021 - 2023.
