OUTOTEC OYJ PRESS RELEASE OCTOBER 22, 2015 at 10.00 AM
Outotec partners with GIW Industries for slurry pumps in metals mining and processing
Outotec has agreed with GIW Industries, Inc., a subsidiary of KSB Partners, to enter into partnership for the sales and marketing of GIW® slurry pumps and related services to metal mining customers globally. The partnership will not impact Outotec's financial guidance for 2015.
GIW Industries is an international leader in design of high performance slurry pumps, which are used in minerals processing grinding, flotation and dewatering circuits. Outotec's complete sales and service network will be available for the two companies' new and existing metals mining and processing customers. The partnership will expand Outotec's service offering and enhance the value to customers. The global market for high performance slurry pumps in metal mining applications is estimated to be around EUR 1.3 billion.
"GIW® Minerals products and services fit extremely well into our portfolio. Together with GIW we are able to offer more complete solutions and expanded services to our customers. Our joint technological breadth of experience and applications, extensive research and development capabilities together with life-cycle services will ensure profitable and sustainable operations for our customers", says Kalle Härkki, President of Outotec's Minerals Processing business area.
For further information please contact:
Kalle Härkki, President - Mineral Processing business area
Tel. +358 20 529 2901
Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198