Redhall wins contract for £18m construction project

The project for Vivergo Fuels in partnership with Aker Solutions, which is due to be completed in October this year, involves the construction of a new bio-ethanol plant at the existing BP Chemicals Saltend site, near Hull.

Chairman David Jackson will tell shareholders at the Wakefield company's AGM later today: "The project has been won by Chieftain Group working with Jex Engineering and underlines the technical skills inherited with these two acquisitions.

"We have indicated in an earlier statement that the benefits of the Chieftain acquisition would become evident during the course of this year and this award further validates that strategic move.

"Our strategy of focus on the key energy and defence markets is delivering benefits although conditions remain challenging in the short term.

"Our order pipeline remains strong and we expect to announce further progress at our interim results on June 3, 2010."

Redhall Group's pre-tax profits rose to 6.5m in the year to September 30, 2009, up from 4.6m the previous year. The firm increased its turnover to 129m from 86.7m.