EANS-News: ANDRITZ receives major order for new stainless steel plant in Malaysia
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information
Graz (euro adhoc) - Graz, January 18, 2011. International technology Group ANDRITZ has received an order from Bahru Stainless SHN BHD, a joint venture between Acerinox SA., Spain, and Nisshin Steel, Japan, to supply an annealing and pickling line for cold-rolled stainless steel strip. Total order value is approximately 65 MEUR. Start-up is scheduled for the end of 2012.
ANDRITZ METALS´ scope of supply comprises the complete mechanical equipment as well as the furnace and pickling section, the inline skin pass mill, electrical and automation equipment, and erection of the complete plant. The plant will produce cold-rolled strip in the thickness range from 0.25-2.5 mm and up to 1,600 mm wide.
- End -
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 14,300 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.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Oliver Pokorny
Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 1332
Fax: +43 316 6902 465
mailto:oliver.pokorny@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