Energy Composites Corporation Delivers Eighteen Tanks under Significant Chlor-Alkali Transformation Contract
April 09 2009 - 10:09AM
Business Wire
Energy Composites Corporation (OTCBB:ENCC) announced that it had
completed delivery of eighteen large bore, fiber-reinforced plastic
tanks that enable a major chlor-alkali producer to transition to
the environmentally-friendly membrane cell process. Included in the
order were four field-erected vertically wound tanks ranging in
diameter from 23 feet to 30 feet. All tanks were fabricated
off-site and installed during the winter months, and the entire
order was subject to very short lead times. ECC�s delivery was on
time and on budget, resulting in a decision by the customer to
provide ECC with a very significant follow-on purchase order.
Sam Fairchild, ECC�s CEO, praised the ECC production team,
saying that, �This contract represented a real challenge for our
employee associates. We faced a very difficult and tight customer
schedule, especially harsh weather, and customer site real estate
constraints that required us to wind all of the tanks at our
factory. The tight schedule forced us to manufacture our own custom
vertical winder because we could not procure a commercially
produced one in time. We built our own winder to our own design in
record time and at less than 20% of the cost of a commercial one,
and it performed perfectly in the fabrication of the four largest
tanks in this order. This is simply another example of how ECC
employees innovate in manufacturing process, materials, design and
product technologies to meet even the most challenging
requirements. We really believe that nothing is too difficult.�
Jamie Mancl, ECC�s founder and President, noted that, �In
addition to the four vertically-wound tanks ranging in size from 23
feet diameter by 30 feet to 30 feet diameter by 43 feet, we
produced three other large tanks in a one-piece fabrication ranging
in size from 16 feet diameter by 21 feet to 20 feet diameter by 34
feet. The seven large tanks were produced with BPO/DMA Cured
Corrosion Barrier or ME Cured Corrosion Barrier, depending on the
particular use of each tank. We also produced eleven smaller tanks
ranging from 4 feet diameter by 5 feet to two tanks that were 14
feet diameter by 24 feet. All vessels were fabricated with Ashland
Derakane 411 and 470 VE resin systems.�
�We place a high priority on our chlor-alkali work since the
environmental benefits of the transformation to membrane cell
production by our clients are immense,� Fairchild added. �This kind
of transition is at the core of cleantech, and we continue to
believe that composites play an important and significant role in
driving America�s cleantech revolution. The client came back to us
immediately and placed a very significant follow-on order with ECC
is a testament to the hard work and innovative spirit of ECC�s
employee associates. The follow-on contract is underway, and will
keep many of us busy, you can be sure.�
Mancl underscored ECC�s commitment to its core market, noting
that, �With the recent announcements about the launch of our
WindFiber� strategy for the penetration of the wind energy market
and our rapid expansion into the municipal wastewater and sewer
market, it is easy for our shareholders to overlook the strength of
our core competence in our traditional markets like petrochemical,
bio-fuels, flue gas desulfurization and mining, among others. Our
overall strategy is to grow core markets at a rapid, but manageable
pace while executing faithfully on our diversification strategy for
wind and municipal infrastructure. Taken together, this cleantech
approach will drive significant value for ECC�s shareholders, and
we are all excited to deliver strong results.�
About Energy Composites Corporation
ECC operates a world-class, automated 73,000 sq. ft.
climate-controlled manufacturing facility in Wisconsin Rapids, WI,
employing advanced composite materials to design, engineer and
manufacture complex composite structures, vessels and processing
systems for a range of clean-tech applications that include: wind
energy system components, flue gas desulfurization for power
plants, infrastructure for bio-fuel storage and processing,
infrastructure for managing waste water and drinking water storage,
advanced municipal utilities infrastructure, and caustic material
storage and handling systems for the petrochemical, mining and the
pulp and paper industries. ECC also provides 24/7 field service
crews nationwide for wind energy system composites maintenance,
repair and overhaul; industrial retrofit, shutdown and maintenance;
system installation; and repair and inspection services. For
additional information, visit our website at
www.energycompositescorp.com or contact Sam Fairchild at
1-800-787-5439.
Certain statements found in this press release may constitute
forward-looking statements. Forward-looking statements are based on
current expectations and include any statement that does not
directly relate to a current or historical fact. Such statements
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similar words. Our forward-looking statements in this release
generally relate to our expectations and beliefs with respect to
our growth and expansion activities and plans. Although it is not
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results to differ from our forward-looking statements, such factors
include, among others, the following: (i) unforeseen delays, costs
or liabilities associated with our growth and expansion plans; (ii)
fluctuations in general economic conditions; and (iii) those risks
described from time to time in our reports to the Securities and
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factors to be an exhaustive statement of all of the risks,
uncertainties or potentially inaccurate assumptions that could
cause our current expectations or beliefs to change. Shareholders
and other readers should not place undue reliance on
�forward-looking statements� as such statements speak only as of
the date of this release. We undertake no obligation to update
publicly or revise any forward-looking statements, other than as
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