Synectics PLC Contract Award for New Refinery Project
23 August 2021 - 4:00PM
RNS Non-Regulatory
TIDMSNX
Synectics PLC
23 August 2021
Reach 23 August 2021
Synectics plc
("Synectics" or the "Company")
Contract Award for New Refinery Project
Synectics plc (AIM: SNX) , a leader in the design, integration
and support of advanced security and surveillance systems,
announces the award of a contract worth approximately GBP1.0
million for the Dos Bocas refinery in south-eastern Mexico.
Synectics and its integration partner, Mathieson Elco, have been
awarded a contract by Samsung Engineering to provide safety
monitoring and surveillance equipment for the Dos Bocas refinery in
south-eastern Mexico, being constructed for the Mexican state-owned
oil company, PEMEX (Petróleos Mexicanos). The project, based on
Synectics' recently-released COEX C3000 4K camera stations, will be
completed early in 2022 with delivery commencing later this
year.
Designed for hazardous-area applications and able to withstand
operating temperatures up to 70 degrees Celsius, this latest range
integrates seamlessly with existing video management systems,
including Synectics' Synergy platform, and provides advanced
analytics and video streaming options.
"The latest COEX 4K camera stations deliver exceptional image
quality, which means users can zoom much further into an area of
interest than ever before. This capability provides a greater level
of interrogation of live and recorded footage with precise, crisp
detail reducing the risk of missing vital information. Another
benefit of the new 4K camera range is that it also delivers
improved situational awareness across a more comprehensive coverage
area than HD, providing sharp image quality for critical
monitoring," stated Darren Alder, Divisional Director for Oil and
Gas at Synectics.
Paul Webb, Chief Executive of Synectics, added: "This award
reflects our commitment to meet customer requirements with camera
solutions that deliver exceptional image quality, technological
innovation, and the specification flexibility we know the market
demands."
The Dos Bocas refinery project is being developed as part of
Mexico's National Refining Plan that aims at reducing its reliance
on fuel imports from the US. The GBP7.5bn ($10bn) refinery project
is scheduled to commence commercial production in 2023.
For further information, please contact:
Synectics plc Tel: +44 (0) 114 280 2828
Paul Webb, Chief Executive
David Bedford, Finance Director
email: info@synecticsplc.com www.synecticsplc.com
Shore Capital Tel: +44 (0) 20 7408 4050
Tom Griffiths / David Coaten /
Henry Willcocks
Ends
About Synectics plc
Synectics (AIM: SNX) is a leader in the design, integration and
support of advanced security and surveillance systems that enable
clients around the world to protect their people, communities, and
assets.
Founded over 30 years ago, Synectics has deep industry
experience across gaming, energy, urban transport, public space and
critical infrastructure projects. The Group's expert engineering
teams work in partnership with customers to create integrated
product and technology solutions, proven in the most complex and
demanding operating environments.
Find out more at www.synecticsplc.com
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