All Stories
Follow
Subscribe to Andritz AG

Andritz AG

euro adhoc: Andritz AG
other
Andritz receives major order for the supply of a complete stainless steel plant to China

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
22.07.2005
Graz, 22 July 2005. International Technology Group Andritz received
an order from JIUQUAN Iron & Steel Co. Ltd., China for the supply of
a complete plant for the manufacture of cold-rolled stainless steel
strip with an annual capacity of approximately 600,000 tons.  The
order comprises:
- a direct rolling annealing and pickling line with integrated
6-high cold-    rolling mill   - a continuous annealing and pickling
line  - two 20-high cold-rolling mills  - a skinpass mill  - a
grinding line  - two edge trimming and dividing lines
The Andritz Group is in charge of engineering, supply of the key
components, supervision of installation and start-up of the various
parts of the plant.
The order will be processed by Andritz affiliates in Austria, Germany
and the Netherlands, all belonging to the Rolling Mills and Strip
Processing Lines Business Area.  Start-up of the plant is scheduled
for the First Quarter of 2007.
The stainless steel plant processes hot-rolled strip up to a
thickness of 6 mm and with a maximum width of 1,600 mm to cold-rolled
strip with a minimum thickness of 0.3 mm.  Further processing of the
coils to strip is carried out in the edge trimming and dividing
lines.
With this large-scale order with a value of approximately 110 MEUR
Andritz will further extend its market leadership as supplier of
plants for processing stainless steel strip.
"The award of this remarkable order which comprises all parts of a
plant for processing cold-rolled stainless steel strip is further
proof of the validity of Andritz’s strategy to offer complete process
lines in each of its Business Areas.  Technology leadership and
comprehensive system competence will continue to remain the most
important strategic goals of the Andritz Group", says Wolfgang
Leitner, President and CEO of Andritz.
About the Andritz Group Publicly listed Andritz Group is one of the
global market leaders for advanced production systems for pulp and
paper, steel, and other specialized industries.  Andritz has a staff
of approx. 5,400 employees worldwide.  It develops and manufactures
its high-tech systems at 15 production sites in Austria, Germany,
Finland, Denmark, France, Netherlands, USA, Canada and China.
end of announcement                               euro adhoc 22.07.2005 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:
Börsen: Wiener Börse AG

Original content of: Andritz AG, transmitted by news aktuell

More stories: Andritz AG
More stories: Andritz AG