Kewaunee Scientific awarded $13 million contract for New Shell Technology Centre in Bangalore, India

Apr 1 2014

Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced that it had been awarded a turnkey contract of approximately $13 million for the prestigious New Shell Technology Centre in Bangalore, India. Under the contract, Kewaunee Scientific will provide all laboratory casework, fume hoods, high purity gas systems, vacuum systems, exhaust systems, scrubbers, VAV systems and other furnishings on a turnkey basis necessary to complete the research laboratories.

"We are delighted to again be working with Shell on another of their world-class facilities," said David Rausch, Kewaunee Scientific's President and Chief Executive Officer. "This contract is another indication of our increased market presence in Southeast Asia, the reputation and hard work of our experienced international team, and the quality of our products and services. This is strategically a very significant contract for Kewaunee International as we expand our presence in the market for turnkey laboratory infrastructure projects."

In an earlier announcement of the project, Shell stated the new centre will allow its Bangalore research and development staff to expand up to around 1,500 technology specialists and is expected to be operational by the end of calendar year 2015.

Since establishing operations in Bangalore in 2000, Kewaunee India has grown to be the recognized market leader for laboratory construction projects in India, having successfully commissioned more than 1,000 laboratories in the country, many of them with turnkey responsibilities. Supported in Bangalore by its central office and its modern factory with full manufacturing capabilities, Kewaunee India is the only major laboratory furniture company in India having local capabilities that cover the full scope of a laboratory construction project from design, product manufacturing, project management, and final commissioning of the laboratory space. Kewaunee India's website is located at http://www.kewaunee.in.

SOURCE Kewaunee Scientific Corporation