IMPACT COATINGS RECEIVES SYSTEM ORDER FROM LISTED COMPANY SHOUHANG
Impact Coatings has received an order for a coating system for the development and production of PVD coatings. The buyer is the publicly listed company Beijing Shouhang Resources Saving Co., Ltd (China). The order value is approximately SEK 11.2 million.Impact Coatings has received pre-payment and an Irrevocable Letter of Credit that together amount to 90% of the order value. The remaining 10% payment will be received upon installation and final customer acceptance. Delivery is planned for Q3 2019. A license for export outside the EU is required from the Swedish Inspectorate of Strategic