Contract for Supplying and Participating in the Fabrication of a Turbo-Expander:

Havayar has successfully contracted to supply 4 Hydrocarbon compressor/ expander units with a capacity of 3.5 MW and 2 dual expander units with a capacity of 2 MW with the cooperation of CRYOSTAR Co.

Additionally, according to the agreement made between Havayar and CRYOSTAR, now after a year from the commencement of the cooperation with the company, nearly 10% of the equipment, such as spool pieces (loose item) and the control panels are internally produced by Havayar.  With regard to the new contracts, negotiations are under way to increase the percentage of domestic production.