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Zirax plc 

('Zirax' or the 'company')

 

Moscow De-Icing Contract

Zirax plc ('Zirax' or the 'Company'), the AIM quoted speciality chemical company focused on the development, production and sale of oilfield process chemicals and de-icing solutions is pleased to announce that it has won the contract to supply 15,000 Metric Tonnes ('MT') of calcium chloride based de-icers to Moscow City Council for its 2008/09 winter season.  

This particular contract, worth $4.5m, means Zirax will supply its de-icing products to Moscow for a sixth consecutive year and places the Company in a strong position to win future contracts later this year to supply its value added de-icing product, IceMelt™. 

Zirax's de-icing products are more efficient, as they penetrate the ice quicker than most other de-icers, melting ice and snow at temperatures up to -35° Celsius, and better meets the environmental concerns of governments and local authorities, such as Moscow City Council, because of the significantly smaller quantities required to achieve better results. 

Commenting on this announcement, Valery Andosov, Chief Executive of Zirax said:  

'We are delighted that Moscow City Council has again chosen us to supply them with Zirax's value added de-icers, which we believe places us in a strong position to win future contracts for renewal later this year. As we continue to grow our business in other areas, Moscow still remains an important account for Zirax and we look forward to continuing our working relationship with the council.'

About Zirax

Zirax is a speciality chemical company manufacturing and supplying oilfield process chemicals and de-icing solutions to a global customer base. Zirax is the second largest supplier of calcium chloride pellets globally and the leading supplier in the Eastern Hemisphere. Zirax is quoted on AIM section of the London Stock Exchange (ticker: ZRX), is headquartered in London and has supply sources based in Western Europe and Russia. More information is available at http://www.zirax.com

Enquiries:

Zirax                                                  Valery Andosov, CEO                                         T: +7 (495) 730 9559

                                              Fenlon Dunphy, CFO                                      T: +44 (0)20 7868 1694

 

Hanson Westhouse Limited               Tim Metcalfe                                                  T: +44 (0)20 7601 6100

                                              Richard Baty

 

Metropol (UK) Limited                        Alexander Selegenev                                      T: +44 (0)20 7439 6880

Cardew Group                                    Tim Robertson                                               T: +44 (0)20 7930 0777

                                               David Roach

                                      Daniela Cormano

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