Duro Felguera has recently joined the UN Global Compact, the world’s largest corporate sustainability initiative. It is currently made up of more than 21,000 entities in more than 160 countries.
Duro Felguera has won a contract with the Joint Venture between MID Contracting Company and TETCO Engineering and Contractors for the manufacture of 5 gas storage spheres for the extension project of the Zarqa refinery (Jordan).
DF Mompresa, a subsidiary of Duro Felguera specialising in the assembly and overhaul of turbogenerators and auxiliary equipment in power generation plants, is making progress in the work it is performing for Iberdrola at the Torrejón hydroelectric plant, consisting of the dismantling of two of turbogroups and their replacement with new machines, including commissioning. The dismantling of the first group has already been completed and machining is being carried out to allow the assembly of the new turbogenerators.
The key investors, Prodi Group and Mota-Engil Mexico, have today disbursed 30 million euros, one third of the total amount of the loans granted to the Company, signed on 28 February 2023.
Duro Felguera holds the vice-presidency of Auxiliary Industry in the recently created Spanish Association of Renewable Ammonia (AEAR). Its objective is to contribute to the energy transition, promoting different actions that foster the entire value chain of renewable ammonia, which is aligned with the strengths of Duro Felguera in the sector.
Duro Felguera Green Tech has been awarded a grant of 2,175,000 euros under the RENMARINAS call (IDAE), for the development of the WAVEASTUR project, which involves the installation of three wave energy converters (WEC) of 350 kW each, in the waters of the Port of Avilés.
Duro Felguera has published its results for the first half of 2023, a period with a very positive evolution of the main figures, which reflects the new stage of growth that the company is going through.
The CEO, Jaime Argüelles, has expressed his satisfaction for this milestone, which is a success and highlights the good management of the company.
On 1st August 2023, Duro Felguera received the order from the Romanian company Romgaz to start work on the Iernut combined cycle power plant, once the necessary preliminary steps had been completed following the agreements reached last May.
The BAHÍA H2 OFFSHORE project, which will be located in the public domain of the Santander Port Authority, focuses on the development of an innovative solution, which proposes the production of renewable hydrogen and its conversion to green ammonia from offshore renewable energies; all this on a barge where production is carried out in situ and what is transported to land is the green ammonia generated, combining all the processes in the same space and optimising the occupation of the marine space as much as possible, as well as greater ease of maintenance.
Duro Felguera continues to move forward. Yesterday, the company held its Ordinary General Meeting, in which the shareholders approved the management of the Board of Directors, the annual accounts, the Management Report and the remuneration policy of the Board for the next three years.
Duro Felguera has become the first company in northern Spain to obtain the Good Corporate Governance Index certification, with the highest rating (G++), awarded by AENOR.
Duro Felguera participates in PKN Orlen’s Olefins Expansion project with a relevant contract for the design, engineering, supply, prefabrication, transport to the site and assembly of 26 process tanks for the Plock refinery. Duro Felguera Energy Storage, Duro Felguera Energy Storage, a subsidiary specialised in the execution of turnkey storage projects in different types of facilities for the Oil & Gas sector, among others, is in charge of the works.