OUTOTEC OYJ PRESS RELEASE, FEBRUARY 18, 2007 AT 10.00 AM
Outotec has won several aluminum technology orders from Chinese aluminum smelters related to major expansions or process improvements. The total value of these orders is approximately EUR 17 million.
The orders include:
- a sow casting system with a capacity of 30 tonnes per hour to produce 700kg aluminum ingots (sows) for Huomei Hongjun Aluminium-Power Co. Ltd. in Inner Mongolia Autonomous Region. Outotec's delivery time is nine months;
- a sow casting systema with a capacity of 30 tonnes per hour and two sets of key rodshop process equipment for Yellow River Hydropower Development Co. Ltd. for their greenfield aluminum smelter to be built in Xining in Qinghai province. The production is expected to start in March 2009; and
- a vibrocompactor and key rodshop process equipment for China Aluminium International Trading Co. Ltd. for the expansion of their aluminum smelter in Fushun in Liaoning province. The vibrocompactor will be delivered from Germany in November 2008 and the rodshop equipment in August 2008.
"China is the largest primary aluminum producing country in the world. The Chinese producers are continuing to build new capacity to meet the strong demand. These new orders demonstrate that our advanced aluminum technologies and services meet the requirements of our Chinese customers", says Tapani Järvinen, President and CEO of Outotec.
For further information, please contact:
Dr. Wolfgang Sitte, Senior Sales Manager - Aluminum Technologies
tel. +49 2203 9921322
OUTOTEC (Canada) Ltd.
Michael A. Ren, Business Development Manager - Aluminum Technologies
tel. +1 905 335 0002
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, mobile +358 400 817198