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Hardide PLC

28 October 2014

28 October 2014

Hardide plc

("Hardide" or "the Company")

Installation of Third Capacity Reactor in UK

Hardide plc, provider of advanced surface coating technology, is pleased to announce that it has increased installed capacity at its UK manufacturing facility by nearly 50% to cope with rising demand for its range of tungsten carbide based coatings.

The Company has installed a third large capacity reactor and will be recruiting up to three additional operations staff as part of an investment programme to meet increasing demand from existing and new customers at its plant in Bicester, Oxfordshire.

Philip Kirkham, CEO of Hardide plc said: "The installation of a third large capacity reactor at our plant in Bicester will enable us to process increased production volumes while maintaining our active R&D programme which feeds the pipeline of new applications and underpins the development of new Hardide coating technologies and applications."

Planning is also at an advanced stage for a potential new production facility in North America. Details will be announced in the near future.

ENDS

Hardide plc

Philip Kirkham, Chief Executive Officer

Jackie Robinson, Communications Manager

Tel: +44 (0) 1869 353830

www.hardide.com

About Hardide plc

Hardide develops, manufactures and applies advanced technology tungsten-carbide coatings to a wide range of engineering components.

The company's patented technology is unique in combining a mix of abrasion, erosion and corrosion resistant properties in one coating. When applied to metal components in aggressive environments, the technology is proven to offer dramatic improvements in component life resulting in cost savings through reduced downtime and increased operational efficiency.

Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, nuclear, advanced engineering and aerospace industries.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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