Corporate | 13 July 2009 08:31
Muehlhan AG / Contract/Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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The issuer / publisher is solely responsible for the content of this announcement.
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Muehlhan expands Oil & Gas Offshore business in the North Sea
Hamburg, 13 July 2009 - Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7)
continues to expand its offshore business in the North Sea.
It has just signed a Master Agreement with Maersk Olie og Gas A/S, an
operator of production and processing platforms, to perform
surface-protection work on platforms off the Danish North Sea coast.
Work will begin in August of this year with the assignment of 30 workers in
two shifts. The annual productivity per worker will be up to 2,000 man
hours.
About Muehlhan:
The Muehlhan Group is a leading world provider of marine surface
protection. Its core business consists of applying and renewing corrosion
protection coatings to steel structures. They include steel surfaces of
ships and of oil and gas rigs and platforms. The Muehlhan Group is also
active in the Industry Services segment, which, besides scaffolding for
marine and industry customers, includes surface protection for wind
turbines, chemical production plants, and fuel storage depots, steel
bridges, cranes, and machinery. The company's patented technology
brand-named ?-jet(R) guarantees especially high quality and efficiency in
the removal of old coatings and rust, particularly in the open sea.
Muehlhan was established in Hamburg in 1881. For 2008 the company with its
some 2,500 employees around the world generated sales revenue of more than
EUR 206 million (IFRS). For further information visit
www.muehlhan.com
Press contact: Ties Kaiser c/o Muehlhan AG, Phone +49 40 752 71 156, email:
kaiser@muehlhan.com
13.07.2009 Financial News transmitted by DGAP
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Language: English
Issuer: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Deutschland
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: investorrelations@muehlhan.com
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Freiverkehr in Berlin, München, Hamburg, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service
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