OUTOTEC OYJ PRESS RELEASE, MAY 14, 2012 AT 10:15 AM
Outotec's Emission Optimized Sintering process selected for next BPSL sinter project in India
Outotec has been selected by the Indian Bhushan Power & Steel Limited (BPSL) to design and deliver technology for a new iron ore sintering plant to be built in Rengali in the state of Orissa. The contract value is approximately EUR 20 million.
The scope of Outotec's delivery includes technology, engineering, supplying proprietary equipment and supervisory services for a new sintering facility, which will include Outotec's innovative Emission Optimized Sintering (EOS) process. Thanks to a partial gas re-circulation system, the process substantially reduces overall emissions and saves energy by post-combusting the re-circulated combustibles such as CO, while retaining high-quality sinter properties.
The sintering facility is expected to annually produce 2.45 million tonnes of iron ore sinter which is used as raw material in steel production. The project is anticipated to last approximately 30 months.
"In today's global steel industry and even in the very price-sensitive Indian market, it is not just about competitive initial investment pricing that wins contracts, but offering energy-efficient technologies leading to lower operational costs. We are confident that our EOS technology which provides a substantial reduction in coke consumption and lower CO2 and dust emissions, is a sustainable solution for the future," notes Outotec CEO Pertti Korhonen.
For further information:
Pekka Erkkilä, President - Ferrous Solutions business area
tel. +358 20 529 2143
Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198