euro adhoc: Andritz AG
other
Andritz receives further major orders from
international stainless steel producers
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14.02.2008
Graz, 14 February 2008. During the last two months, international technology group Andritz received several major orders for stainless steel annealing and pickling lines, rolling mills, and acid regeneration systems from renowned international stainless steel producers. The total value of these orders is approximately EUR 250 million. With the receipt of these orders, Andritz once again strengthened its position as one of the world´s leading suppliers of custom-tailored and technologically advanced manufacturing systems for the stainless steel industry.
To the ThyssenKrupp Stainless Group Andritz will supply two cold-rolling mills, a cold-rolled strip annealing and pickling line, and an acid regeneration system. The two S-6 high rolling mills will be integrated in the newly-built hot-rolled strip annealing and pickling line of ThyssenKrupp´s affiliate AST, Terni mill, Italy. The new ThyssenKrupp stainless steel mill in Alabama, USA, will be equipped with an Andritz annealing and pickling line for cold-rolled strip of up to 1,890 mm in width. To the ThyssenKrupp mill in Krefeld, Germany, Andritz will supply a regeneration plant based on the Andritz Pyromars process for used mixed acids from stainless steel pickling. The plant will be put into operation during the second Quarter of 2009 and will make an essential contribution toward environmental protection.
Salem Steel, a subsidiary of SAIL, India´s largest steel group, awarded Andritz an order to supply a combined annealing and pickling line for hot-rolled and cold-rolled stainless strip including a regeneration plant for used mixed acids. It is the first regeneration system of this kind in India and markedly reduces production effluents, thus significantly contributing to the protection of the environment. The lines are scheduled to start up in December 2009.
Jindal Stainless, India´s largest stainless steel strip producer, ordered annealing and pickling lines for hot-rolled and cold-rolled strip for the new stainless steel mill in Orissa, India. Both lines incorporate special S-6 high cold-rolling mills to enable production of final products in one manufacturing process. The annealing and pickling line for hot-rolled strip with integrated S-6 high cold-rolling mill will have an annual capacity of 850,000 tons and produce strip with a width of up to 1,650 mm in the thickness range 1.4-10 mm. The annealing and pickling line for cold-rolled strip incorporates three S-6 high cold-rolling mills and a skinpass mill; it will have an annual capacity of 450,000 tons and produce strip with a width of up to 1,650 mm in the thickness range 0.3-5 mm. Start-up of the plants will be during the first half of 2010.
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The Andritz Group The Andritz Group is a global market leader in the supply of customized plants, systems, and services for the pulp and paper industry, the hydropower industry, the steel industry, and other specialized industries (solid/liquid separation, feed, and biofuel). Headquartered in Graz, Austria, the Group has about 12,000 employees worldwide. It manufactures and sells its products and services globally.
end of announcement euro adhoc --------------------------------------------------------------------------------
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