Pressure Technologies plc (PRES) Ordinary 5p

Pressure Technologies plc operates through its wholly owned subsidiary Chesterfield Special Cylinders (CSC). CSC is a designer, manufacturer and provider of safety-critical, high-pressure containment products and services to a global customer base in the defense, hydrogen energy, oil and gas and industrial markets. CSC’s high-pressure cylinders are a critical component for a number of end applications, from high-pressure systems in naval submarines and surface vessels to oxygen cylinders in fighter jets, from the bulk storage of industrial gases to air pressure vessels in floating oil platform motion compensation systems and for hydrogen transport refueling and energy storage. Integrity Management Services is a part of the business, where cylinders cannot be removed for routine maintenance and are inspected and certified in-situ.