Outotec awarded two modular solvent extraction technology orders

Outotec awarded two modular solvent extraction technology orders

ID: 499369

(Thomson Reuters ONE) -


OUTOTEC OYJ  PRESS RELEASE  OCTOBER 7, 2016 10:00 AM

Outotec awarded two modular solvent extraction technology orders

Outotec has been awarded two orders, worth a total of EUR 25 million, for the
new VSF®X Modular Solvent Extraction technology. The orders have been booked in
Outotec's 2016 third quarter order intake.

Outotec will deliver detail engineering and a complete technology package for a
modular copper solvent extraction and electrowinning plant for Sardich MC in
Kazandol, Macedonia. After leaching oxidic ores, copper will be extracted from
the leach solution at the solvent extraction and electrowinning plant to produce
high grade cathode copper. The production is expected to start-up already in the
summer of 2017.

Another contract is with the Italian engineering company Desmet Ballestra S.p.A
Milano. Outotec will design and deliver a solvent extraction plant to purify
fertilizer phosphoric acid before evaporation. The plant will be built in
connection with the El Nasr Co. for Intermediate Chemicals (NCIC) fertilizer
plant in Egypt. Outotec's supply includes VSF®X technology, license, equipment
for crud treatment and a cooling tower. Outotec's deliveries will take place in
the end of 2017, and the entire plant is expected to be operational a year
later. In June 2016, Outotec agreed on the delivery of two sulfuric acid plants
for the same the project.

"We are happy to be able to provide both Sardich and NCIC our new modular VSF®X
technology and benefits that come with it - a fast-track delivery and
installation as well as environmentally friendly and safe performance of the
plant. These new orders also demonstrate that this concept can be used for
various solvent extraction applications", says Jyrki Makkonen, head of Outotec's
Metals, Energy & Water business unit.

VSF®X Modular Solvent Extraction technology was launched in 2013, and Outotec




has now sold four deliveries. The first plant in South America is already
operational.

OUTOTEC

Jyrki Makkonen, President - Metals, Energy & Water business unit (acting)
tel. + 358 20 529 4022

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817198

e-mails firstname.lastname(at)outotec.com

DISTRIBUTION
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www.outotec.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Outotec Oyj via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 07.10.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 499369
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