Vow ASA and its subsidiary, C.H. Evensen AS (CHE), have recently been awarded three contracts worth a total of NOK 17 million. The large of the three contracts is a NOK 10 million front-end-engineering design (FEED) agreement for a major international pyrolysis project. This project has the potential to pave the way for a process equipment contract that surpasses in size anything previously delivered by Vow, utilizing CHE's advanced pyrolysis technology. Additionally, CHE has successfully secured two smaller contracts for the supply of its electrical hot dip galvanizing furnace.

These contracts are with a global market leader in material science, specializing in steel wire transformation and coating technologies. The furnaces are set to be delivered to the client's manufacturing facilities in Brazil and China. CHE is part of Vow?s Industrial Solutions reporting segment.

The contracts will be booked as order intake in the third quarter 2023.