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EANS-News: ANDRITZ receives major order for new stainless steel works in China
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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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.
- 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 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.
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:[email protected]
end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: [email protected]
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English
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