International technology Group ANDRITZ has received orders with a total value of about 50 MEUR from two stainless steel producers in China.
For Tianjin TISCO & TPCO Stainless Steel Co. Ltd. the ANDRITZ METALS business area will supply an annealing and pickling line for cold-rolled stainless steel strip (annual capacity 400,000 t). Start-up is planned for the third quarter of 2011.
From Jiuquan Iron & Steel Group Co. Ltd. ANDRITZ has received the order for delivery of a tensionleveling line and an offline skin pass mill for cold-rolled stainless steel strip. Start-up of the plants, which have an annual capacity of 200,000 tons, is planned for the fourth quarter of 2011.
Both stainless steel producers have been customers of ANDRITZ METALS for many years and are successfully operating many systems supplied by ANDRITZ.
For further information, please contact:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Phone: +43 (316) 6902 2979
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.andritz.com
Wednesday, 26 May 2010 12:00
ANDRITZ receives further major orders from stainless steel producers in China
Ian Melin-Jones
Published in
Asian News
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