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ZCL Composites Signs Major FRP Contract

04 June 2004

ZCL Composites has been awarded a six-year contract by Imperial Oil to supply fibreglass tanks and related products for use in its operations across Canada.

The contract covers the period May 1st, 2004 to April 30th, 2010.

Imperial Oil is one of ZCL's largest customers and a cornerstone of the Company's business in Canada for many years. ZCL has secured supply agreements with most of the major and independent oil companies in Canada and, through these long-term relationships, has become a major industry supplier in underground fuel storage.

Imperial Oil is one of Canada’s largest corporations and has recently been in the news for their donation of $650,000 to fund research projects at Canadian universities. The company has donated more than $3 million to Canadian university research over the last five years in the fields of engineering, environmental, earth, chemical, physical, computing and social sciences.

""Contracts such as these are an expression of confidence in ZCL and our ability to consistently supply the high quality products and services that our customers value,"" says Ven Cote, President & CEO. ""We are committed to delivering the highest levels of service and value to our customers and this contract is evidence of the long term benefits of successfully meeting that commitment.""