Outotec to deliver ferrochrome plant in China
(Thomson Reuters ONE) -
OUTOTEC OYJ PRESS RELEASE, SEPTEMBER 26, 2011 AT 9:00 AM
Outotec to deliver ferrochrome plant in China
Outotec has agreed with Mintal Group Co. Ltd., a large manufacturer of
ferrochrome and stainless steel, on the design and delivery of a new ferrochrome
plant to Baotou, in the Inner Mongolia, China. The contract value is not
disclosed but deliveries with similar delivery scope are typically worth of some
tens of millions of Euros.
Outotec's scope of delivery includes engineering and supply of proprietary and
other key equipment and an operating licence for the proprietary technology for
a Steel Belt Sintering plant with annual capacity of 700,000 tonnes of chromite
pellets and two 69 MVA smelting furnaces with preheating technology. The new
plant will produce annually 300,000 tonnes of ferrochrome and it is estimated to
become operational in 2013.
"Ferrochrome production for the stainless steel industry and the demand of
sustainable technology are increasing in China. We have recently seen a clear
tightening of environmental regulations there. Outotec® Ferrochrome Process is a
benchmark in terms of energy efficiency and widely used in major ferrochrome
producing countries, such as South Africa and Kazakhstan. This is our first
delivery of this technology to China and we see great opportunities for further
deliveries to help our Chinese customers to meet the future environmental
regulations", says Outotec CEO Pertti Korhonen.
For further information please contact:
OUTOTEC
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
e-mails firstname.lastname(at)outotec.com
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Source: Outotec Oyj via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 26.09.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 69173
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