EANS-News: Salzgitter AG: EUROPIPE extends successful reach to Australia The Mülheim-based large-diameter pipe manufacturer is the main supplier for the Ichthys LNG Project
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Contracts Salzgitter (euro adhoc) - EUROPIPE GmbH, a joint venture of Salzgitter Mannesmann GmbH and Aktien-Gesellschaft der Dillinger Hüttenwerke, has successfully extended its reach to Australia and will again be delivering the main part (410 kt; the equivalent to 60%) of a major offshore project. The Ichthys LNG Project (liquefied natural gas) is to transport natural gas from the Ichthys Field to Darwin via an 889 km subsea pipeline. The gas will be liquefied in one of the world´s largest LNG facil-ities and shipped mainly to Japan. The project stands not only for sustainable economic benefits in Australia but also for a long-term, stable supply of cleaner energy which is to help Japan diversify its energy sources. The production will run from April 2012 until February 2013 in the EUROPIPE Group´s large-diameter pipe mill located in Mülheim an der Ruhr, Germany. The order secures a significant part of the mill´s production capacity during this period. For more information, please see the website of EUROPIPE (www.europipe.com). Disclaimer: Some of the statements made in this report possess the character of forecasts or may be interpreted as such. They are made to the best of knowledge and belief, and by their nature are subject to the proviso that no unforeseeable deterioration occurs in the economy or in the specific market conditions pertaining to the companies of the various divisions, but rather that the underlying bases of plans and outlooks prove to be accurate as expected in terms of their scope and timing. The company undertakes no obligation to update any forward-looking statements. Further inquiry note: Markus Heidler +49 (0) 5341/21-6105 heidler.m@salzgitter-ag.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: Salzgitter AG Eisenhüttenstraße 99 D-38239 Salzgitter phone: +49 (0) 5341-21-3783 mail: info@salzgitter-ag.de WWW: http://www.salzgitter-ag.de sector: Iron & Steel ISIN: DE0006202005 indexes: Midcap Market Index, MDAX, CDAX, Classic All Share, Prime All Share stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original content of: Salzgitter AG, transmitted by news aktuell