Clyde Process Solutions plc

(“CPS” or the “Group”)

£1.2 million of orders secured from minerals and chemicals markets

Clyde Process Solutions plc (AIM: CPSP), a global provider of pneumatic conveying and air filtration solutions for process industries, announces that it has been awarded two contracts from producers operating in the minerals and chemicals markets respectively. These contracts are collectively worth £1.2 million.

CPS’s North American operation has secured a £0.7 million order from an engineering and construction company to supply a pneumatic conveying system that will transport fly ash, which will be utilised as an aggregate raw material in the manufacture of construction products. The system will be commissioned at a facility located in Maryland, USA.

In addition, CPS’s South African operation has won a £0.5 million order from one of the world’s major integrated and diversified chemical companies. CPS will supply this customer with a pneumatic conveying system that will transport limestone over a distance of 450 metres at a rate of 30 tons per hour from an existing bulk storage silo to a feed hopper on a new plant located in South Africa. CPS South Africa was awarded the contract due to its ability to provide the most flexible and adaptable solution to the customers’ requirements.

Commenting on these contract wins, Alex Stewart, Chief Executive of Clyde Process Solutions plc said: “Our order book and order intake levels have steadily increased since the turn of 2010 and both of these contracts represent this positive trend. It is especially pleasing that our South African subsidiary has diversified into chemicals, which we anticipate will be a growing market for our technologies.  

“Both of these contracts have been secured at competitive levels of contribution and are in line with management expectations. We believe that capital expenditure plans are being accelerated across many of our key customer markets and the Group is embarking on global strategies that will enhance our existing pipeline of sales opportunities.”

-Ends-

For further information please contact:

Clyde Process Solutions plc          

Alex Stewart, Chief Executive                                   Tel: +44 (0) 1355 575 000

                                                                                  www.clydeprocesssolutions.com  

Nominated Adviser

James Caithie

Cairn Financial Advisers                                             Tel: +44 (0) 20 7148 7900

Broker

Chris Hardie                                                                Tel: +44 (0) 20 7614 5900

Arden Partners           

Media enquiries:

Abchurch       

Sarah Hollins / Nick Probert                                       Tel: +44 (0) 20 7398 7715

nick.probert@abchurch-group.com                           www.abchurch-group.com  

Notes to Editors

Clyde Process Solutions (“CPS”) is a global provider of pneumatic conveying and air filtration solutions for process industries.  The Group is primarily involved with the design and implementation of value-adding, energy saving and environmentally efficient solutions, which are used to handle the raw materials required to produce commodities such as metals, cement, chemicals, ethanol and foods.  The use of pneumatic conveying and air filtration technologies enables CPS’s clients to solve challenges associated with other methods of conveying, including the control of dust and material spillage and subsequent possible contamination of both operational environments and the local communities in which the manufacturing facilities are based.  The Group has an extensive, global reference list complemented by operations in Europe, North America, China, South America and South Africa, and uses its technologies to improve the operational effectiveness of their customers’ production processes.

The Group has two principal subsidiaries, which both provide a wide range of solutions utilising pneumatic conveying, air filtration, pneumatic injection and valve technologies:

•           MAC Equipment (“MAC”), headquartered in Kansas City, USA, is focused on the design, engineering and manufacturing of customised systems to customers in manufacturing environments, including food, chemicals, building products, plastics, ethanol and biodiesel industries.  MAC’s customers include PepsiCo and BASF.

•           Clyde Materials Handling (“CMH”), headquartered in Doncaster, UK, provides solutions to a global and diverse customer base which primarily operates in the metals and minerals markets.  CMH’s customers include, Codelco, Corus, Saint Gobain, Procter & Gamble and Lafarge.  Focused on the innovation, design and engineering of tailored solutions, CMH has helped generate an array of operational, economic and environmental benefits within their customers’ processes.

CPS has over 40 years of experience in the pneumatic conveying and air filtration industry, backed by a wealth of process knowledge.  The Group employs close to 500 staff throughout 10 worldwide offices to support its global customer base. 

Clyde Process Solutions (CPSP.L) listed on the AIM market of the London Stock Exchange in July 2006 and is included in both the FTSE Industrial Engineering sector and the FTSE Environmental Markets Index.

For further information, please see www.clydeprocesssolutions.com