Federal Minister for Trade Simon Crean officially opened Gasco’s new commercial premises on 22 May. Completed in January 2009, the spacious head office and fabrication and engineering workshop covers an area in excess of 4,000 square metres.

Chief Executive Officer Nicholas Grzegorczyn said “Gasco’s trading position has been going against the trend of the world economic crisis. Our turnover has doubled, we have needed to employ 40 per cent more staff to meet production demands and have introduced a second shift in our manufacturing facility."

He said the new Bayswater facility, with higher natural gas supply pressure and capacity, significantly enhances quality assurance by extending the scope of factory acceptance testing in Melbourne for high thermal rated plant, rather than in remote, international, onsite locations.

Locating the premises next door to a leading sub-contractor, Eliott Engineering, Gasco expects the move to consolidate manufacturing co-operation between the companies, allow more hands-on product management for Gasco’s engineers, provide backup capacity for peak production demands, and enable contract delivery schedules to be met.

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Mr Grzegorczyn emphasised that the Federal Government has provided concrete support to Gasco’s manufacturing operations by putting into place the investment allowance that effectively provides a 30 per cent tax deduction to all companies that contract Gasco for gas engineering plant before 30 June 2009. Gasco capabilities

Gasco was founded in 1991 and has established a reputation as one of Australia’s leading thermal and process engineering companies.

The company provides flow metering skids, water bath heaters, filter coalescers and pressure reduction skids to gas pipeline and power station projects. Gasco has also supplied coal seam gas flares to companies such as Santos and Anglo Coal, and regenerative thermal oxidiser technology (RTO) for coal mine ventilation.

“We’ve recently beaten international competitors to secure contracts for gas engineering projects in Abu Dhabi, Indonesia, Vietnam, China, Brazil, Chile, Turkmenistan, and locally at the Mortlake Power Station. Recently completed projects for the Australian market include a regenerative thermal oxidiser (RTO) weighing 330 tonnes for the North West Shelf LNG Project and Australia’s largest water bath heater for a New South Wales power station,” said Mr Grzegorczyn.

He said that by using Gasco’s gas technology clients are critically supporting the global reduction of greenhouse gases.

“A recent customer purchased Gasco’s heat recovery technology. For an $800,000 investment in a gas turbine waste heat recovery unit, they slashed their $100,000 weekly diesel bill. After only eight weeks, their production costs were dramatically cut and their greenhouse emissions were significantly reduced,” he said.

“Gas-fired energy projects reduce greenhouse emissions when compared with alternative fossil fuels. Gasco’s engineers have developed solutions that will enable companies to mitigate their impact on the global environment.”