Hardide PLC New Facility Receives Airbus Approval
06 Luglio 2021 - 8:00AM
RNS Non-Regulatory
TIDMHDD
Hardide PLC
06 July 2021
6 July 2021
REACH ANNOUNCEMENT (NON-REGULATORY)
Hardide plc
("Hardide", "the Group" or "the Company")
New Facility Receives Airbus Approval
Hardide Coatings Ltd, the developer and provider of advanced
surface coating technology, is pleased to announce that it has
received full approval from Airbus to coat and process its
components at the new and larger Longlands Road facility in
Bicester, UK.
This approval follows the relocation of the Company and its
equipment from Wedgwood Road, Bicester to newly built premises at
Longlands Road, Bicester last year. The final coating reactor that
remained in the Wedgwood Road site specifically to coat Airbus
parts has now been relocated to the Longlands Road facility. The
old Wedgwood Road site is now in the process of being
decommissioned before the lease terminates in October 2021.
Commenting on the approval, Philip Kirkham, CEO of Hardide plc,
said:
"This approval is very positive news and is the result of
extensive testing and verification by Airbus of all the processes
at the newly built Longlands Road facility. The Airbus approval is
testament to our coatings' capabilities and means that we can now
close the door on our old premises and concentrate all our
aerospace processing at our modern and much larger, custom-fitted
new site."
Enquiries:
Hardide plc Tel: +44 (0) 1869 353
Philip Kirkham, CEO 830
Jackie Robinson, Communications Manager
IFC Advisory Tel: +44 (0) 20 3934
Graham Herring / Tim Metcalfe / Florence 6630
Chandler
finnCap - Nominated Adviser and Joint Broker Tel: +44 (0) 2072 200
Henrik Persson 500
Richard Chambers (ECM)
Allenby Capital - Joint Broker Tel: +44 (0) 20 3328
Tony Quirke - Sales and Corporate Broking 5656
Jeremy Porter - Corporate Finance
Notes to editors:
www.hardide.com
Hardide develops, manufactures and applies advanced technology
tungsten carbide/tungsten metal matrix coatings to a wide range of
engineering components. Its patented technology is unique in
combining in one material, a mix of toughness and resistance to
abrasion, erosion and corrosion; together with the ability to coat
accurately interior surfaces and complex geometries. The material
is proven to offer dramatic improvements in component life,
particularly when applied to components that operate in very
aggressive environments. This results in cost savings through
reduced downtime and increased operational efficiency. Customers
include leading companies operating in the energy sectors, valve
and pump manufacturing, precision engineering and aerospace
industries.
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END
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