Scidev Ltd - SciDev expands contract in the Infrastructure Sector

What happened?

What's happened?

SciDev Limited (ASX:SDV) has extended its Services Agreement with CYP D&C, the joint venture responsible for the design and construction of the Metro Tunnel Project’s twin nine-kilometre rail tunnels and five new underground stations in Melbourne.

What are the key highlights?

To support the provision of chemistry to the infrastructure sector, SciDev is upgrading the Kings Park Production facility to deliver an additional 12,000T of production capacity pa (approximately a 3x expansion of the facility).
SciDev’s expansion into new verticals such as infrastructure highlight the Company’s ability to deliver bespoke professional services, engineering, and chemistry solutions across a range of industries and geographies.
SciDev will be focusing on maximising the operational dewatering of two TBMs building the eastern section of the Metro Tunnel as it moves through changing ground conditions.
The provision of SciDev’s bespoke MaxiDry® chemistry will be delivered via the Company’s dedicated experts deployed on site, who continue to be engaged on a schedule of rates and quantities.

For further information, please refer to the announcement linked below.

Managing Director's summary

Lewis Utting Managing Director of Scidev Ltd has provided a statement.

Lewis Utting

Managing Director, Scidev Ltd

"We are extremely pleased to extend our relationship with CYP D&C. The provision of chemistry and technology to a major infrastructure project like Metro Tunnel is a positive reflection of the quality of our staff, our chemistry, technology solutions and the professional services we offer. The infrastructure sector represents a globally significant opportunity for the Company, where our coordinated solutions can support both processing, water and waste management requirements. The company is pleased to be expanding its working relationship with CYP D&C on Melbourne’s Metro Tunnel Project."