Atlas Copco receives large contract for Chinese chemical and petrochemical market
December 1, 2006
Stockholm, Sweden, December 1, 2006: Atlas Copco has received a contract from the Chinese chemical and petrochemical market. The customer, Datang Power, has ordered three six-stage turbo compressors to be used in a coal gasification process. The order has an overall contract value of more than MSEK 118 (MEUR 13).
Installed in Inner Mongolia (China), the three six-stage turbo compressors will be used in a coal-to-olefin application, a process also known as coal gasification. Olefin is a raw material used to produce plastics. Headquartered in Beijing, Datang Power is one of the largest independent power producers in China, but is also expanding its position in the chemical and petrochemical market. “Conversion technologies such as coal gasification are an emerging market, especially in the Far East. Atlas Copco is a proactive player here and is going to great lengths to meet specific customer application needs,”says Ronnie Leten, Business Area President, Atlas Copco Compressor Technique. The order was won by the Atlas Copco Gas and Process division within the Compressor Technique business area. The core units will be produced in Cologne, Germany. Packaging will be done in China. For further information please contact:Ronnie Leten, Business Area President, Compressor Technique +32 (0)3 870 2938 or +32 (0)477 222 685 Annika Berglund, Senior Vice President, Corporate Communications +46 (0)8 743 8070 or +46 (0)703 22 8070