Gough Econ Awarded Contract for Multiple Bucket Elevators at New Louisiana World-Scale Hydro-Processing Catalyst Manufacturing Facility


March 2008

CHARLOTTE, North Carolina - Gough Econ, Inc. has been selected to supply multiple Econ-O-Lift(TM) Bucket Elevators to a major hydro- processing facility being constructed in Louisiana. The catalyst from the plant will be used to meet the increasing demand for future clean burning fuels by removing impurities and assuring quality filtration in refining the oil.

According to Gough Econ, the multiple Econ-O-Lift(TM) Bucket Elevators will be used to transport various grades of catalyst to several stations in the world-scale hydro-processing catalyst manufacturing facility currently under construction. Bucket sizes will range from 9 inches to 30 inches, with capacities up to 2500 ft³/hr. Start-up of the facility is scheduled for the end 2009.

The Econ-O-Lift(TM) Bucket Elevators are being custom designed by Gough Econ for the application to assure maximum durability and easy installation and assure maximum resistant to the abrasive nature of the catalyst. Delivery is scheduled for late Summer of 2008.

According to the customer, higher oil prices, additional conversion needs and higher clean fuel specification has created a steep change in demand for high performance catalyst. This plant will contribute to meeting the refining industry's demand for high quality hydro-treating and hydro-cracking catalyst.

Bucket Elevators Used for Many Years

Gough Econ noted that its Econ-O-Lift(TM) Bucket Elevators have been used in the hydro-processing industry for many years.

"Catalyst is an abrasive material that needs to remain in its granular form
and maintain its extremely high surface area for maximum efficiency," noted Andy Leitch, Vice President of Sales for Gough Econ. "Our Bucket Elevators are primarily used to link certain parts of the process to assure damage-free transfer."

The Bucket Elevators being supplied will include a collapsing chain and 360° multiple discharge for maximum flexibility. For this application, the elevator chains will be constructed of carbon steel for durability, long life and low maintenance. The buckets are designed to remain upright (except at discharge) throughout the process to ensure product integrity.

Besides use in handling catalyst, other applications for Gough Econ's Econ-O-Lift(TM) Bucket Elevators include chemical, fertilizer, and glass cullet,
metal powders, carbon black, batteries, and ammunition plus a variety of food
applications such as cereal, coffee/tea, confectionery, pasta, pet food, salt/spices
and snack foods such as nuts.

About Gough Econ

Gough Econ was established in 1974 in the United States as a subsidiary of a UK company founded in 1940. Today, Gough Econ's operations are locally owned and headquartered in Charlotte, N.C. where the design, manufacturing and administrative functions take place.

The company specializes in the design and manufacture of standard and engineered material handling systems that move and protect its customer's products. Gough Econ also provides a variety of technical services including
product testing, product engineering, and control systems design and installation management.

Besides in-line Bucket Elevators, Gough Econ offers other products including vibratory screeners and conveyors, belt conveyors, hoppers, tote dumpers, vibratory feeders, bulk bag handling equipment and storage conveyors.

For more information on the Econ-O-Lift(TM) material handling system or any Gough Econ products, contact Gough Econ at P.O. Box 668583, Charlotte, N.C. 28266- 8583. Telephone is 1-800-264-6844; FAX (704) 392-8706 and e-mail sales@goughecon.com. Gough Econ can also be found on the web at
www.goughecon.com.

Editor Contact: Dick Stark or Kevin Nichols
Stark & Associates
1171 Market Street, Ste. 113
Fort Mill, SC 29708
Tel: (803) 802-7141
Fax: (803) 802-7107
or e-mail kevin.nichols@starklmc.com or dick.stark@starklmc.com

Contact: Angela Gallagher
704-399-4501

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