ABB Wins $56-Million Metals Contract in China |
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ABB Ltd.
Affolternstrasse 44
Zurich, CH-8050
Switzerland
Press release date: August 23, 2007
Automation solutions support high productivity and efficiency at new steel mill
Zurich, Switzerland, August 23, 2007 - ABB, the leading power and automation technology group, has won a $56-million contract to provide automation equipment and electrical systems for a high-efficiency steel mill to be built by Zhangjiagang GTA Plate Co. in eastern China.
The new Hot Strip Mill in Jiangsu province will have an annual capacity of 3.5 million tons. The 1.45-meter wide mill, set to begin operations in late 2009, will be one of the most advanced and efficient rolling mills in the world.
"This project reinforces our position as a leading player in the metals market," said Veli-Matti Reinikkala, head of ABB's Process Automation division. "Our solutions offer customers a powerful blend of productivity, reliability and energy efficiency."
ABB's scope of supply covers a broad range of electrical and automation technologies, including process modeling, process controls with human interface, drives and motors, and Manufacturing Execution Systems (MES) to accurately track the processing of steel coils. ABB will also provide startup services and training.
Zhangjiagang GTA Plate Co. is a unit of China's Shagang Group, for whom ABB has delivered a number of key projects during the past ten years. The current contract was booked in July 2007.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 111,000 people.
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