Outotec to deliver oil shale preparation plant to Eesti Energia in Estonia

Outotec to deliver oil shale preparation plant to Eesti Energia in Estonia

ID: 51664

(Thomson Reuters ONE) -


OUTOTEC OYJ  PRESS RELEASE, FEBRUARY 18, 2011 AT 09.00 AM

Outotec to deliver oil shale preparation plant to Eesti Energia in Estonia

Outotec has agreed with Eesti Energia, the leading oil shale-to-energy company
in the world, to design and deliver a new oil shale preparation plant to be
built in Narva, Estonia. The contract value exceeds EUR 20 million.

Outotec is currently delivering a new oil shale processing plant for Eesti
Energia in Estonia based on Enefit technology, which has been developed jointly
by Eesti Energia and Outotec. The new shale oil production plant in Narva is
scheduled for completion in April 2012. Enefit technology utilises a state of
the art process of producing shale oil out of oil shale with highest energy
return on investment and environmental standards.

This new contract for oil shale preparation plant complements the delivery
agreed earlier in 2009 (EUR 110 million). Outotec's scope includes engineering
and equipment supply for a two-stage crushing, transport and distribution of
run-of-mine oil shale, as well as construction and commissioning services. In
the first stage, the oil shale preparation facility will produce annually over
4.5 million tonnes of crushed oil shale to be used as feed for the two existing
oil production plants and the new Enefit280 plant. The capacity of the facility
can be increased to feed more Enefit280 plants and new power stations as well.

"This contract demonstrates our ability to apply our minerals and metals
technologies in adjacent industries, such as oil shale processing. Our expertise
in solids handling of difficult materials will significantly improve the
efficiency, availability and environmental performance of the applied solid heat
carrier technology. We see great opportunities to offer these sustainable
solutions for other shale oil plants as well", says Outotec CEO Pertti




Korhonen.

For further information please contact:

OUTOTEC

Peter Weber, President - Energy, Light Metals and Environmental Solutions
tel. +49 6171 9693 165

Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

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

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Source: Outotec Oyj via Thomson Reuters ONE

[HUG#1490116]


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Datum: 18.02.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 51664
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