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SINGAPORE: Catalist-listed marine pipes supplier Heatec Jietong has secured three new orders worth a total of S$2.52 million.
The group has secured its first order to install and weld various process systems pipe spool in Jurong Island.
This will commence in September and is expected to be complete in April 2011.
It has also been awarded a project to fabricate and install eight shell & tube heat exchangers and two air cooled heat exchangers.
This project is also scheduled to commence in September and is expected to be complete in December.
The group has also secured a hydro-blasting and painting project on a vessel hull.
This will utilise its patented robots, called Envirobots.
The project commenced in July and is expected to be complete in September.
The group said these new orders are not expected to have any material impact on its earnings and net tangible assets for the financial year ending December 31, 2010.
-CNA/wk
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