Perth-based engineering firm RCR Tomlinson has won a $20 million deal to construct a process steam boiler plant for New Zealand dairy giant Fonterra.
The turnkey contract is the second stage of expansion at Fonterra’s newest dairy processing site near Christchurch.
The contract includes design, manufacture, installation and commissioning of a 65 tonne per hour coal-fired steam boiler and associated equipment, which will feed steam to what will be the largest milk powder drier in the world.
RCR managing director Paul Dalgleish said the contract built on a series of successful energy projects for Fonterra.
“This project, in addition to our recent Yarnima project, continues to build the RCR Energy business following our AE&E acquisition last year,” Mr Dalgleish said.
“We are starting to build momentum in the project revenue side of the Energy business which should translate to stronger margins.”
At 9:30AM WST, RCR stocks were largely steady, up half a per cent at $2.07.