Metso won major valve solution order for Jamnagar 3, the world's largest oil refinery in India

Metso won major valve solution order for Jamnagar 3, the world's largest oil refinery in India

ID: 374421

(Thomson Reuters ONE) -


Metso won major valve solution order for Jamnagar 3, the world's largest oil
refinery in India

Metso Corporation's press release on February 26, 2015 at 12:30 EET


Metso received in 2014 significant repeat order for valves with accessories and
spare parts for Jamnagar Phase 3 refinery, the projects are being implemented at
the world's largest oil refinery located at Jamnagar Gurajat, India. The
refinery complex is owned and operated by Reliance Industries Limited.

Metso's delivery scope to the Jamnagar Phase 3 includes on-off valves, ball and
butterfly valves ranging from 1" to 30" in size from the Neles(®), Mapag(®) and
Jamesbury(®) product portfolios. The delivery also includes accessories and
spare parts.

During 2014 Metso received several orders for the Jamnagar Phase 3 project. A
considerable part of the total order value was booked to Metso's 2014 fourth-
quarter orders received.

"We are pleased that the customer trusts us as a valve supplier. The orders for
the Jamnagar Phase 3 show that Metso's valve solutions play a critical role in
demanding processes. They also help to maintain reliable operation, maximize
production efficiency and reduce safety risks," says Markku Simula, Senior Vice
President, Oil and Gas business line, Metso.

Metso has a strategic target to grow in the oil and gas industry with its flow
control offering.

Leading flow control technology for refineries to improve safety and
sustainability

In a typical refinery or petrochemical project, Metso's product range covers up
to 90% of the needed valves. Reliable valve solutions are very critical
components in refinery processes. The valves must withstand significantly
demanding process conditions, such as high pressure and temperature, toxic and
corrosive fluid, vibration and pressure shock under normal service conditions,




and must meet all safety requirements. Furthermore, customers are constantly
developing their processes that continue to lead to higher efficiency and
enhanced value addition, and this relies on highly reliable valve solutions.

Metso's extensive flow control services offering covers business solutions and
services that optimize equipment use and cost of ownership. Metso's valve
technology centers and valve production facilities are located in Finland, the
United States, Germany, China, South Korea, India and Brazil. Today Metso has
more than 40 valve and field device service centers worldwide.

Metso is a leading process performance provider, with customers in the mining,
oil and gas, and aggregates industries. Metso's cutting-edge services and
solutions improve the availability and reliability in minerals processing and
flow control, providing sustainable process and profit improvements. Metso is
listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled
EUR 3.7 billion. Metso employs approximately 16,000 industry experts in more
than 50 countries. Expect results.

www.metso.com, www.twitter.com/metsogroup


For further information, please contact:

Markku Simula, Senior Vice President, Oil and Gas, Metso, tel. +
358 20 483 5692, email: markku.simula(at)metso.com

Jussi Ollila, Vice President, Global Communications, Metso Corporation, tel.
+358 20 484 3212, email: jussi.ollila(at)metso.com




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Metso Corporation via GlobeNewswire
[HUG#1897619]




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Bereitgestellt von Benutzer: hugin
Datum: 26.02.2015 - 11:31 Uhr
Sprache: Deutsch
News-ID 374421
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