REDEVELOPMENT OF THE COMMERCIAL UNITS AT GLEN VIEW TRISPEN TRURO TR4 9AU

Assentech is a premier provider of equipment, services, and

technical expertise in the realms of Tank Storage, Process Safety and Fluid

Transfer. It supplies and servicing equipment that adheres to stringent

international standards. Assentech is well known specialist among bulk liquid, gas and biogas storage sectors. We have developed a range of patented valve test benches that combat greenhouse gas emissions in highly regulated markets.

We are a centre for excellence in vapour control of hazardous liquids and are often approached by regulators and standards organizations for advice on best practice. We are the first company in the world to use self-learning artificial intelligence for valve testing. Research & Development (R&D) and innovation is in our DNA. We have also developed a brain to recycle existing benches and have future plans for high pressure safety relief valve test benches, a market 20 times bigger than breather valves. Focussed on international markets with multi-language functionality we also supply top-tier vapour control technologies.

Customers include BASF, Shell, Exxon Mobil, Philips Petroleum, and William Grant Distillers. Assentech, in summary, hastens its customers' journey towards a safe, net-zero future by advocating a gold standard for tank vent leakage testing and calibration whilst providing maintenance services of tank venting equipment to prevent excess fugitive greenhouse emissions and optimise operations.

Assentech needs larger premises and enhanced vehicle access. A semi-derelict property in Trispen has been purchased. The new factory will give increased and dedicated space for us to pursue R&D projects whilst enabling us to increase bench production from 2 to 15 units per month, and, warehousing, and configuration centre for expedited valve dispatch under the "Breather Valve Supermarket" initiative.

Each recycled test bench saves 1.5 tonnes CO² but every valve repaired reduces CO² by 20 tonnes. 1 bench can test 4 valves per day. We are also reinstating an orchard, planting wildflowers and installing beehives.

This tender is for the refurbishment of our new premises.

The purchase of this system is part of a grant funded application process and therefore procurement will be subject to grant approval of the project. We will assess tenders received on a Most Economically Advantageous Tender.