euro adhoc: Andritz AG
other
Andritz to supply a new hot galvanizing line to
voestalpine Stahl GmbH in Linz
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
12.11.2007
Graz, 12 November 2007. Andritz Sundwig is to supply a hot-dip galvanizing plant to voestalpine Stahl GmbH in Linz, Austria, as part of the Linz 2010 project. The hot-dip galvanizing plant #5 will produce strip ranging from 800 to 1,750 mm in width, with thicknesses between 0.4 and 2.0 mm. The product quality and output of 400,000 tons p.a. are geared to producing top-quality surface finish, as well as new heavy-duty steel grades for the automotive industry, the household goods sector, and for steel profiles/building components. The galvanizing unit is designed for three types of coating: zinc, zinc-iron, and zinc-aluminum-magnesium. Start-up is scheduled for the fourth quarter of 2009.
Andritz Sundwig in Hemer, Germany will handle overall planning and coordination of the project, as well as supply, installation, and start-up of the mechanical equipment. Supply of the thermal process equipment, including installation and start-up, will be covered by Andritz Selas, Paris, France.
The total order value of approximately 60 MEUR comprises the equipment supply, installation, and start-up. Award of this major order to Andritz reaffirms many years of highly successful cooperation by these two companies.
The Andritz Group Stock exchange listed Andritz Group is a global market leader for advanced production systems for pulp and paper, steel, and other specialized industries. In addition, Andritz is also one of the leading global suppliers of electromechanical systems and services for hydropower plants. Andritz has a staff of approximately 11,000 employees worldwide. It develops and makes its high-tech systems at 35 production sites (Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada, and China).
end of announcement euro adhoc 12.11.2007 07:30:00
Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
Original content of: Andritz AG, transmitted by news aktuell