Murray’s Clough wins US contract

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Murray’s Clough wins US contract

Published Date: 2019-08-13 | Source: Stephen Gunnion | Author: Stephen Gunnion

Murray’s Clough wins US contract

The project is Clough USA's first major contract since the group was established in North America.

Murray & Roberts' subsidiary Clough USA has won a $620 million petrochemical engineering, procurement and construction (EPC) contract in the US.

In a statement yesterday, the engineering and construction group said the multi-year project signified Clough USA's first major contract award and underlined the successful establishment of Clough in North America. Clough was established earlier this year when M&R acquired Salisbury Industries' Gulf Coast downstream EPC business.

It said the division had secured a limited notice to proceed with the project and should receive the full notice to proceed by October.

Murray's shares fell 0.9% to R12.15 yesterday.





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