euro adhoc: Andritz AG
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ANDRITZ receives major order for titanium strip
manufacturing equipment
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13.01.2009
Graz, January 13, 2009. International technology Group ANDRITZ received an order from Baoji Titanium Industry Co. Ltd., China´s largest titanium producer, for the supply of cold rolling and strip processing equipment, including automation; the order value is approximately 40 MEUR. Production is scheduled to start in late 2010.
The order comprises a continuous pickling line for hot rolled and cold rolled titanium strip for the automobile and aerospace industries. With a capacity of approximately 20,000 tons per year, the plant will process strip in the thickness range from 0.3 - 7 mm up to 1,370 mm wide. ANDRITZ will supply the mechanical equipment and complete pickling section including all ancillary equipment and will supervise erection and commissioning.
In addition, the order includes a 20-high cold rolling mill, with an automatic roll changing system and a roll grinding machine. The rolling mill is designed for a maximum rolling speed of 400 m/min and will process titanium as well as stainless steel strip.
The complete electrical equipment for all plants, including drive systems, automation, and the required technological controls will also be supplied.
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About ANDRITZ 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 13,200 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