SINGAPORE (April 18): Sunpower Group has won a US$3.95 million ($5.4 million) equipment supply contract in Brunei.
The deal was signed between wholly-owned subsidiary, Jiangsu Sunpower Pressure Vessels Equipment Manufacturing Co. and Hengyi Industries (Brunei), a subsidiary of Shenzhen-listed Zhejiang Hengyi Petrochemical Co.
Sunpower will supply high flux tube heat exchangers to the Aromatics Complex unit and Hydrocrack Complex unit of Pulau Muara Besar (PMB) Petrochemical Project of Hengyi Industries Sdn Bhd located in Brunei Darussalam.
The contract includes equipment design, fabrication, shipping and technical services which will be delivered in 2017.
Sunpower closed 1.33% higher at 38 cents.