Aqaba New Port Project: Xbloc License Agreement Signed (Jordan)

Xbloc License Agreement Signed

Delta Marine Consultants (DMC), has signed a license agreement for the use of Xbloc on the Aqaba New Port Project in Jordan.

The license agreement has been signed with the Joint Venture existing of BAM International and MAG Engineering and Contracting Co.

Within the Aqaba New Port Project, 3000 Xblocs of 1.5m3 will be applied. The Xbloc units will be produced on the project site and production will start later this month.

Xbloc placement is expected to commence at the end of 2012.

[mappress]

Press Release, September 5, 2012