Its role PMC / Owner's engineer
Duratec Limited is an Australian engineering and construction services company that specializes in providing maintenance, repair, and construction management solutions to the resources, energy, and infrastructure sectors. The company focuses on delivering projects for mining, oil and gas, and emerging clean energy initiatives, including hydrogen production facilities.
Operating primarily within Australia, Duratec offers a comprehensive range of services such as asset integrity management, mechanical and civil construction, shutdown and turnaround services, and specialized coatings and linings. Its expertise enables clients to maintain and upgrade industrial assets efficiently while ensuring compliance with safety and environmental standards.
As a publicly listed company on the Australian Securities Exchange under the ticker DUR, Duratec maintains a strong market position in the industrial services industry. The company supports major projects across Western Australia, New South Wales, and other regions, contributing to the development of critical infrastructure and the transition to sustainable energy sources.
With its headquarters in Perth, Duratec employs skilled professionals and leverages advanced technologies to execute complex construction management contracts, such as the one awarded for the Orica Hunter Valley Hydrogen Hub. This positions the company as a key player in Australia's resources and energy sectors, known for its reliability and technical capabilities in handling large-scale industrial developments.
chemXplore tracks 1 project involving Duratec, of which one is active.
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Quarterly net cash use fell 54% sequentially to $28m, while operating expenses dropped 69% year on year.
Q3 revenue rose >10% y/y and company remains on track for ~15–16% full‑year growth; Q3 net cash usage ≈ $28M with ≈ $134M cash on hand; margin improvement and an ~$8bn electrolyzer pipeline.
Sequential revenue growth, gross-margin expansion to breakeven, operating costs cut ~50%, raised 2026 revenue guidance to 15–16% and targets positive EBITDAS in Q4.
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