EANS-Adhoc: ANDRITZ receives further orders from Chinese sheet metal producing companies
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
28.10.2009
Graz, October 28, 2009. The international technology Group ANDRITZ, METALS business area, has received further orders from China totalling approximately 80 MEUR:
Benxi Iron & Steel Co. Ltd., Benxi, Liaoning Province, has placed an order with ANDRITZ METALS to supply an electrolytic galvanizing plant for steel strip. The plant will operate on the basis of the Gravitel process developed by ANDRITZ and used for applications in the automotive and the household appliances industries. Start-up of the electrolytic galvanizing line, with an annual capacity of 309,000 t, is scheduled for the end of 2011.
Zhangjiagang Pohang Stainless Steel Co. Ltd., Zhangjiagang, Jiangsu Province, has commissioned the business area to deliver a new annealing and pickling line with a planned annual capacity of 435,000 t. The contract comprises the mechanical equipment, including a skin-pass mill, the complete electrical equipment, automation, and the annealing furnace. Start-up of the annealing and pickling line is planned for mid-2011.
For Tongling Nonferrous Metals Group Co. Ltd., Tongling, Anhui Province, ANDRITZ METALS will supply a 20-high rolling mill for production of strip for the electronic industry. In addition to the complete mechanical equipment for the rolling mill, the scope of supply also includes the electric drives, automation and technological control system, as well as a roll grinding machine. Start-up of the plant, with an annual capacity of 40,000 t, is planned for the end of 2010.
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The ANDRITZ GROUP The ANDRITZ GROUP is a global market leader for customized plants, process technologies, and services for the hydropower, pulp and paper, metals, and other 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 150 production sites, service, and sales companies all around the world.
ANDRITZ METALS The METALS business area designs and builds complete lines for the production and further processing of cold-rolled carbon steel, stainless steel, and non-ferrous metals strip. These lines consist of equipment for cold rolling, surface treatment, strip coating and finishing, punching and deep drawing, and for acid regeneration. The business area also supplies turnkey industrial furnace systems for thermal processes, such as heat treatment of slabs, forged pieces, and strip, as well as refining furnaces for the copper industry.
ANDRITZ METALS is one of the few suppliers worldwide that offers all of the required processes and technologies for production of steel strip from a single source (mechanical equipment, process engineering, electrical equipment, automation and after-sales service). This keeps the number of interfaces to a minimum and optimizes the overall process right down the line.
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 dealing