euro adhoc: Andritz AG
other
ANDRITZ receives major order for a new
stainless steel plant in Malaysia
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13.02.2009
Graz, February 13, 2009. International technology Group ANDRITZ received an order from Bahru Stainless SHN BHD in Malaysia, a joint venture between Acerinox S. A., Spain and Nisshin Steel, Japan for the supply of stainless steel strip processing equipment including acid regeneration. The order value is approximately 85 MEUR. Production is scheduled to start by the end of 2010.
The order comprises a continuous annealing and pickling line for hot-rolled and cold-rolled stainless steel strip, a skin pass mill, and a mixed acid regeneration plant (Pyromas). With a capacity of approximately 540,000 tons per year, the plant will process strip in the thickness range from 0.7-10 mm and up to 1,600 mm wide. ANDRITZ will supply the mechanical equipment, furnace and pickling section including ancillary equipment, electrical equipment, and automation.
This is the second major order for stainless steel strip processing equipment that ANDRITZ received from the Acerinox group within the last three years and demonstrates the capability of the ANDRITZ GROUP to meet its customers´ requirements in all respects.
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The ANDRITZ GROUP The ANDRITZ GROUP is a global market leader in the supply of customized plants, systems, and services for the pulp and paper industry, the hydropower industry, the steel industry, and other specialized industries (solid/liquid separation, feed, and biofuel). Headquartered in Graz, Austria, the Group has about 13,200 employees worldwide. It manufactures and sells its products and services globally.
end of announcement euro adhoc --------------------------------------------------------------------------------
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 of: Andritz AG, transmitted by news aktuell