Construction systems company Acrow (ASX:ACF) secured a AU$42 million contract from the Saipem Clough Joint Venture for the Project Ceres urea plant development in the Burrup Strategic Industrial Area, Western Australia, according to a Monday filing with the Australian bourse.
The project involves the provision and management of around 3,800 tonnes of scaffolding equipment, as well as the provision of on-site blue-collar and white-collar labor, the filing said.
The contract will start Dec. 24, with an expected duration of two and a half years, according to the filing.
Shares rose more than 3% in recent trade.
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