EANS-News: ANDRITZ receives major order for new stainless steel works in China
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Company Information
Graz (euro adhoc) - Graz, July 20, 2010. International technology Group ANDRITZ has received an order from Fujian Fuxin Special Steel Co. Ltd. to supply major components and systems for a new stainless steel plant in Fujian Province, China. The scope of supply comprises an annealing and pickling line for hot-rolled stainless steel strip, with integrated S6-high cold rolling mill, and a mixed acid regeneration plant using the Pyromars process developed by ANDRITZ METALS. The total order value is approximately 44 MEUR. Start-up is scheduled for the fourth quarter of 2012.
The annealing and pickling line has an annual capacity of 800,000 t of stainless steel strip for grades AISI 200, 300, and 400. In addition to the complete equipment, ANDRITZ will also supply the automation and technological control systems.
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The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel). The Group is headquartered in Graz, Austria and has a staff of approximately 13,400 employees worldwide. ANDRITZ operates over 120 production sites, service and sales companies all around the world.
ANDRITZ METALS ANDRITZ METALS is one of the leading global suppliers of complete lines for the production and further processing of cold-rolled carbon steel, stainless steel, and non-ferrous metal strip. These lines consist of equipment for cold rolling, heat treatment, surface finishing, strip coating and finishing, punching and deep drawing, and for pickling acid regeneration. The business area also supplies turnkey industrial furnace systems for thermal processes, such as heat treatment of slabs and forged pieces, as well as refining furnaces for the copper industry.
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Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & 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: Wien / official market
Original content of: Andritz AG, transmitted by news aktuell