Lamor’s work relating to the environmental response and cleanup project in Peru continues
Lamor Corporation Plc Company release, inside information 28 February 2022 at 11:00 a.m EET
Lamor’s work relating to the environmental response and cleanup project in Peru continues
Repsol has chosen Lamor as one of the service providers in the response and cleanup of the oil spill in Peru. Lamor is acting as a technical consultant and solution provider. Lamor published a company release regarding the contract on 2 February 2022.
Lamor’s share of the total value of the first phase was earlier estimated to be at least EUR 13 million. Lamor has continued the cleanup work based on the contract announced earlier and the additional work performed by Lamor until the end of February 2022 is currently estimated to be at least EUR 5 million. Lamor’s share of the total value of the response and cleanup project is thus estimated to be at least EUR 18 million. The cleanup work is still ongoing and Lamor expects to participate in this work as part of its normal business activities.
Further enquiries
Mika Pirneskoski, CEO, Lamor Corporation Plc, tel. +358 40 757 2151
Certified adviser
Danske Bank A/S, Finland Branch, tel. +358 50 590 7667
Lamor in brief
Lamor is one of the leading global providers of environmental solutions. Lamor provides its customers with equipment used for oil recovery, waste management and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste and tailored and adapted water treatment solutions. Lamor operates together with its local partners, offering a wide selection of solutions, which can be tailored according to the needs of each customer, and aiming to clean the world, for which the company has worked since its incorporation. The company's share is listed on the Nasdaq First North Premier Growth Market Finland marketplace maintained by Nasdaq Helsinki under the trading code LAMOR. Further information: www.lamor.com
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