Matrix makes major construction contract with Belgium fertilizer firm

Tulsa’s Matrix Service Company just made a major deal to provide engineering, construction and industrial services to a Belgium company.

Matrix did not reveal the financial content of the contract its subsidiary, Matrix PDM Enegineering made with Engicon nv headquartered in Harelbeke, Belgium. Under the memorandum of understanding, Matrix will provide total engineering, procurement and construction solutions for ammonia storage across Europe.

“Our relationship with Geldof provides customers across Europe with world-class storage and terminal solutions for ammonia, which is also used as a hydrogen carrier, and brings additional strength to our partnership offerings in technology and construction to meet the increasing global demand for more sustainable energy resources,” said Matrix Service Company President and CEO John R. Hewitt.

“We look forward to a long, mutually beneficial relationship which brings together Geldof’s leading brand with our more than 65 years of legacy expertise in the engineering, design and construction of complex cryogenic infrastructure.”

Peter Verrept, CEO of Engicon nv (Geldof), explained his firm has extensive expertise in the field of cold tank storage solutions for Europe’s chemical and fertilizer industry.

“ As part of our commitment to supporting the energy transition, we have placed a strong emphasis on the large-scale deployment of ammonia as an energy (hydrogen) carrier across Europe. In pursuit of these ambitious goals, we have forged a strategic partnership with Matrix. By synergizing our collective expertise and strength, we aspire to bring forth groundbreaking projects that will shape the future of energy solutions.”

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.