Outotec Gets Chinese Aluminum Tech Orders Worth EUR17 Million

STOCKHOLM -(Dow Jones)- Outotec said Monday it has won several aluminum technology orders from Chinese aluminum smelters related to major expansions or process improvements.

The total value of these orders is approximately EUR17 million.

The orders include: a sow casting system with a capacity of 30 tonnes per hour to produce 700kg aluminum ingots (sows) for Huomei Hongjun Aluminium-Power Co. in Inner Mongolia Autonomous Region. Outotec’s delivery time is nine months; a sow casting systema with a capacity of 30 tonnes per hour and two sets of key rodshop process equipment for Yellow River Hydropower Development Co. for their greenfield aluminum smelter to be built in Xining in Qinghai province. The production is expected to start in Mar. 2009; and a vibrocompactor and key rodshop process equipment for China Aluminium International Trading Co. for the expansion of their aluminum smelter in Fushun in Liaoning province. The vibrocompactor will be delivered from Germany in Nov. 2008 and the rodshop equipment in Aug. 2008.