EANS-News: A-TEC Industries AG
AE&E Group lands EUR 60 million Australian
contract
Wien (euro adhoc) -
Order for construction of turnkey biomass fired cogeneration plant
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Contracts
Subtitle: Order for construction of turnkey biomass fired cogeneration plant
Vienna, 9 February 2010 - The AE&E Group, which makes up the Plant Construction Division of A-TEC Industries AG (ISIN AT00000ATEC9), has won an order from Australia´s second-largest sugar producer, Mackay Sugar Limited to build a 40 MWe cogeneration plant in Queensland, Australia. The order is worth a total of about EUR 60 million. The plant, located at the Racecourse Sugar Mill in Mackay, north-east Queensland, will be fired with biomass derived from sugar production. It is scheduled for commissioning in early 2013.
The state-of-the-art cogeneration plant will generate renewable energy and steam from the combustion of bagasse - a waste product left after sugar cane has been crushed. Additional bagasse will be supplied from other mills in the group, to extend the period of operation beyond the crushing season, and any fuel shortfall will be made up with coal. Surplus steam will be used to generate electricity for sale via Australia´s renewable energy trading scheme, through a national energy retailer.
The project will replace an outdated bagasse and coal fired boiler with a highly efficient new unit. The order is for the design, supply and installation of a cogeneration steam power plant; comprising a grate fired boiler, wet scrubber, steam turbine generator, water cooled condenser, balance of plant, electrical equipment, construction, commissioning and testing.
"Although the plant engineering market is currently suffering from a dearth of investment finance, our comprehensive portfolio of products and services for the thermal power generation and environmental systems markets is giving us an excellent success rate with those projects that do go to tender. Following a number of large contract wins in the fourth quarter of 2009, including an RDF fired steam generator in Bollnäs, Sweden, and energy from waste plants in Ivry-sur-Seine, near Paris and Vaasa, Finland, we have now landed our first large order of the new financial year," said AE&E Group CEO Georg Gasteiger.
end of announcement euro adhoc
Further inquiry note:
Investor Relations
Gerald Wechselauer
Phone: +43 1 22760 - 130
Email: ir@a-tecindustries.com
Press Office A-TEC Industries AG
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Phone: +43-1-71786-107
E-Mail: claudia.mueller@pleon-publico.at
Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wien / Regulated free trade