DUR – Duratec Limited | Aussie Stock Forums

Duratec was founded in 2010 by the current executive Directors who assembled a team of specialist remediation engineers and contracting professionals with specific industry experience. They recognised asset protection, remediation and refurbishment as an underserviced and growing market.

Duratec is now a national market leader in:

• protecting and extending the life of a range of assets; and
• specialist asset refurbishment

Duratec is headquartered in Wangara, Western Australia. The Company has a national presence with 15 offices across all Australian states and territories, being Western Australia (Perth, Kalgoorlie, Karratha, Albany and Port Hedland), New South Wales (Sydney, Newcastle and Nowra), Queensland (Brisbane and Townsville), Victoria (Melbourne), South Australia (Adelaide), Northern Territory (Darwin), Australian Capital Territory (Canberra) and Tasmania (Launceston).

The Company intends to establish in the next 12 to 18 months an office and local team in New Zealand, in response to market demand (subject to any border and/or travel restrictions).

Duratec operates principally in Australia, but has also completed work in Malaysia, the Cocos Islands and Papua New Guinea.

It is anticipated that DUR will list on the ASX during October 2020.