finanzwire.de

Search

GROUPE GORGE (EPA:GOE) Vigians awarded a multi-million euro contract by DuPont de Nemours

Transparency directive : regulatory news

13/06/2018 18:00

18/09/2018 18:00
14/09/2018 07:00
03/09/2018 18:00
30/08/2018 18:00
27/07/2018 07:00
18/07/2018 18:00
17/07/2018 07:00
03/07/2018 18:00
28/06/2018 18:10
18/06/2018 18:30

Vigians, a Groupe Gorgé company, announces it has been awarded a multi-million euro contract for the supply of a Spin Cell Assembly for DuPont de Nemours in Luxemburg. The DuPont Spin Cell Module is part of a new production facility where DuPont will produce Tyvek® material.

Over the last year, Vigians, through its Van Dam subsidiary, has been in extensive project discussions with DuPont and KBR for the supply of all materials required for the Spin Cell Module. Van Dam benefited from its prior experience as the company has supplied a similar project to DuPont in 1994.

The project is being managed from the Van Dam headquarters in the Netherlands and the scope of supply consist of various products including doors and walls.

Van Dam will work with KBR and DuPont on this prestigious project. Work has already started and expected duration is 18 months.

This new contract represents a significant Van Dam award in petrochemicals and a first sign of potential rebound in Van Dam activity.


Picture of the groundbreaking ceremony at DuPont de Nemours in Contern, Luxemburg.

Tyvek® has had a tremendous impact across numerous industries, resulting in the creation of new categories of products, such as house wrap, which helped revolutionize home construction; setting new standards for personal protective apparel; enabling advancements in medical device technology; and playing an important role in many other applications. DuPont, along with its customers, continue to develop new Tyvek® products and applications to meet evolving marketplace needs. Designers of consumer products for lighting and fashion accessories and apparel are increasingly demanding Tyvek® for their products because of its lightweight durability and texture.



About DuPont Safety & Construction

DuPont Safety & Construction, a business unit of DowDuPont Specialty Products Division, is a global leader in products and solutions that protect what matters – people, structures and the environment – and enables its customers to win through unique capabilities, global scale and iconic brands including Corian®, Kevlar®, Nomex®, Tyvek®, Styrofoam™ and Filmtec®.



About DowDuPont Specialty Products Division

DowDuPont Specialty Products, a division of DowDuPont (NYSE: DWDP), is a global innovation leader with technology-based materials, ingredients and solutions that help transform industries and everyday life. DowDuPont intends to separate the Specialty Products Division into an independent, publicly traded company. More information can be found www.dow-dupont.com.



About Groupe Gorgé

Founded in 1990, Groupe Gorgé is an independent group that specializes in high-tech industries. Today, the Group is active in the fields of security and protection in extreme environments, as well as in the 3D printing sector. In its more than twenty-five year history, Groupe Gorgé has always developed and driven the latest technological and industrial innovations.

Smart Safety Systems: Developing complete, innovative technological solutions for complex missions in hostile and confined environments.

Protection of High-Risk Installations: Protecting people and ensuring the active and passive protection of installations for energy markets and industrial and tertiary sectors in France. Ensuring the maintenance of these protection systems.

3D Printing: Enabling major industry players to find new routes to successful innovation and production processes by providing 3D printers, premium material, software and 3D printed parts.

In 2017, the Group reported revenue of €276.7 million. It is backed by 2,000 employees and operations in over ten countries.

More information available on www.groupe-gorge.com



Groupe Gorgé is listed on Euronext Paris Compartment B.

ISIN code: FR0000062671

Ticker code: GOE



Contact

Groupe Gorgé - Raphaël GORGÉ – CEO & Chairman - Tel.: +33 1 44 77 94 77 - E-mail: contact@groupe-gorge.com

Finance News – Anne-Pauline PETUREAUX – Analysts/Investors Relations - Tel.: +33 1 53 67 36 72 - E-mail: apetureaux@actus.fr

Finance News – Jean-Michel MARMILLON – Press Relations - Tel.: +33 1 53 67 36 73 - E-mail: jmmarmillon@actus.fr



Disclaimer

GROUPE GORGE press releases may contain forward-looking statements regarding GROUPE GORGE's targets. These forward-looking statements reflect GROUPE GORGE's current expectations. Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that could cause actual results, performance or events to differ materially from those anticipated herein. The risks and uncertainties that could affect the Group's future ability to achieve its targets include, in addition to those indicated in the press release: the strength of competition; the development of markets in which the Group operates and notably the 3D printing division; currency fluctuations; obtaining the export authorizations that may be required for certain activities; control of costs and expenses; changes in tax legislation, laws, regulations or their enforcement; our ability to successfully keep pace with technological advances; our ability to attract and retain qualified personnel and key staff; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; manufacturing and supply chain bottlenecks; the performance of our business partners (subcontractors, agents, suppliers, etc.). Some of these risk factors are set forth and detailed in our Document de Référence (Registration Document including the annual financial report filed with the French Autorité des Marchés Financiers), available on our website www.groupe-gorge.com. This list of risks, uncertainties and other factors is not limitative. Other unanticipated, unknown or unforeseeable factors, such as changes in the economic situation or financial markets, could also have a material adverse effect on our targets.

This press release and the information it contains do not constitute an offer to sell or to subscribe, or a solicitation to purchase or subscribe shares or securities in GROUPE GORGE or in its listed subsidiaries in any country whatsoever.



Follow us on Twitter for live updates from Groupe Gorgé!

@GroupeGorge



Regulated information
News releases under ongoing reporting obligations:
- other releases
Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-53775-groupe-gorge_vigians-awarded-a-multimillion-contract-by-dupont_en.pdf
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free