EANS-News: Binder+Co Aktiengesellschaft
Binder+Co receives three new, major
orders from South Africa, the USA and Portugal
Gleisdorf (euro adhoc) -
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
companies
Gleisdorf, April 1, 2009. The Styrian mechanical engineering and plant building company Binder+Co recently received three major contracts in the Environmental Technology Segment, which represent a notable success in the face of the current crisis. These orders mean that the order backlog of EUR 32.99 million carried over into the current business year has now been increased by a further EUR 8.0 million.
Used glass recycling system for South Africa represents one of the largest environmental technology orders in company history The newly founded Nampak Wiegand Glass company (a joint venture between the listed South African company, Nampak Ltd., and the German enterprise Wiegand Glas) has commissioned Binder+Co with the construction of a complete used glass processing facility at its glassworks in Roodekop, South Africa. The works produces container glass using three melting ends and three production lines. The ordered sorting plant is to initially handle 24 tons of glass per hour and when fully completed, 36 tons per hour.
For Binder+Co, this contract constitutes one of the largest orders ever received in the Environmental Technology Segment and also means that the Styrian company now covers the entire glass recycling market in southern Africa.
Major US contract represents the first used glass recycling technology order from a brewery With its newly founded subsidiary, Ripple Glass, the Boulvard Brewing Co. brewery is now to enter the glass recycling field. The aim is employ used glass for the production of high-purity glass meal, which will be utilised by the insulation materials industry. Binder+Co prepared a design concept for the new plant in Kansas City, Missouri, supplies the core components and assists the brewery with its know-how and experience. Plant start-up is planned for the end of 2009 and the sorting system will handle 5 tons of glass per hour.
This order not only represents a massive vote of confidence in Binder+Co´s technology by the customer, but is especially pleasing in view of the current economic situation in the USA.
Binder+Co´s supply of two recycling plants in Portugal provides a reference in the plastics recycling field Among other items, with the delivery of its CRITERION sorting system, Binder+Co is to supply the key sections of two new plastics recycling plants in Portugal. The plants, which are operated by the ALGAR Recycling company, are located in the Algarve. They are scheduled to commence operations at the end of 2009 and will handle approximately 3 tons of packaging waste per hour.
In addition to the successful developments in the glass sector, this order provides Binder+Co with a new reference in the plastics recycling field.
end of announcement euro adhoc
Further inquiry note:
Karl Grabner, Member of the Management Board
Telephone +43/3112/800-363
Branche: Machine Manufacturing
ISIN: AT000BINDER3
WKN:
Index: mid market
Börsen: Wiener Börse AG / Regulated free trade