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Andritz AG

euro adhoc: Andritz AG
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Andritz receives major orders from the USA, Russia and China for the erection of plants for the steel and stainless steel industry

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
19.03.2007
International Andritz Group received several major orders for rolling
mills and strip processing lines from internationally renowned steel 
and stainless steel producers totalling approximately 180 million 
Euros.
North America’s largest integrated stainless steel producer, North 
American Stainless, an affiliate of the Acerinox Group, placed an 
order for one of the world’s largest annealing and pickling lines for
hot-rolled stainless steel. With a capacity of approximately 1.2 
million tons per year, the plant will process strip in the thickness 
range from 1.5 to 14 mm and up to 1,600 mm wide. Production is 
scheduled to start by the end of 2008.  In addition to the mechanical
equipment, Andritz will supply the annealing furnace and the complete
pickling section with all ancillary equipment.
Baosteel Ltd., Shanghai, the largest steel producer in China, ordered
an electrolytic galvanizing plant for steel strip with an annual 
capacity of 300,000 tons.  This is the second steel strip galvanizing
plant that Andritz will supply to Baosteel which confirms the 
customer’s satisfaction with the performance of the Andritz system 
already installed.  The project will be carried out in cooperation 
with the mechanical engineering and manufacturing companies of 
Baosteel, with Andritz assuming technological responsibility and 
supply of the main quality-relevant plant sections.  Start-up is 
scheduled for August 2008.
Russian steel company NLMK, Lipezk placed an order for the erection 
of a hot-dip galvanizing plant with an annual capacity of 
approximately 300,000 tons, which is scheduled for start-up in the 
fourth Quarter of 2008.  This is the second hot-dip galvanizing plant
that Andritz will supply to NLMK.  Andritz’s scope for this project 
comprises the overall engineering as well as the supply and start-up 
of the mechanical equipment.
In addition, NLMK placed an order for the supply of a combined 
four-high/S-6 high reversing cold rolling mill for transformer sheet 
for their Lipezk mill, and for the supply of a four-high reversing 
cold rolling mill for transformer sheet at NLMK’s affiliate, Viz 
Stal, Jekatarinenburg.  Andritz will supply the complete mechanical 
systems as well as all ancillary and electrical equipment. This will 
help to substantially improve operational reliability as well as 
productivity and product quality.
About Andritz Publicly listed Andritz Group is a global market leader
for advanced production systems for the pulp and paper, steel and 
other specialized industries.  Andritz has about 10,000 employees 
worldwide.  It develops and makes its high-tech systems at 35 
production sites in Austria, Germany, Finland, Denmark, France, 
Netherlands, USA, Canada, and China.
end of announcement                               euro adhoc 19.03.2007 07:30:00

Further inquiry note:

Dr. Michael Buchbauer
Head of 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: Wiener Börse AG / official dealing

Original-Content von: Andritz AG, übermittelt durch news aktuell

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