Precision Equipments, a leader in design and manufacturing of Critical Process Equipments has entered in to a strategic partnership agreement with Chicago Power & Process (CPP) , USA a Pioneer in Cryogenic Equipments for manufacturing Shell & Tube LNG Vaporizers (STV) Under this exclusive agreement with CPP, Precision Equipments will be manufacturing LNG Vaporizers under CPP’s propriety design.
The LNG vaporizers will be used in FSRU (Floating Storage Regassification Units) and also in land based Regassification Terminals. Mr Prabhu Bala, Director of Precision Equipments says "Our manufacturing expertise combined with CPP’s design gives LNG Vaporizers with unparalleled reliability & performance".
Mr Tony LaValle , President of CPP says "CPP’s leading technological design on STV's is globally recognized and successfully commissioned over 250 installations (more than 40 locations) for the past 4 decades. Now with the association of Precision Equipments, we will be delivering more promising solutions for the customers located worldwide to surpass their expectations". The MOU / JV was inked at LNG 2019 held recently at Shanghai.