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Aga and Sandvik Steel Extend Cooperation in Sweden.


LIDINGO, Sweden--BUSINESS WIRE--Oct. 27, 1998--AGA and Sandvik Steel AB have signed a new long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 supply agreement.

In order to meet Sandvik's rising demand for industrial gases AGA is investing in new production and distribution equipment in Sandviken. Deliveries will be made primarily via pipelines, which will dramatically decrease the need for road transports and contribute to a substantial environmental improvement.

"AGA offered the most competitive solution for our total gas needs", says Olle Wijk, Division General Manager at Sandvik Steel. "They can guarantee excellent availability of air gases and their know-how helps us to optimize optimize - optimisation  and improve our production resources."

"The agreement is a good example of how we work with our customers to develop gas-based process solutions which enhance production efficiency and reduce negative impact on the environment", comments Svante Frid, Regional Manager Business Area Process Industry.

Sandvik Steel is a company within the Sandvik Group and one of the world's leading producers of tube, strip, wire and bar made of stainless steels stainless steel: see steel.
stainless steel

Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat.
 and special alloys This is a list of alloys for which an article exists in Wikipedia (or is proposed but not yet written).

They are grouped by base metal, in order of increasing atomic number. Within these headings they are in no particular order.
.

AGA is one of the world's leading gas companies. The Group produces and supplies gases to industrial and medical gas markets in some 40 countries in Europe, the US and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Information on AGA is available on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
: www.aga.se

For further information please contact Svante Frid, AGA, telephone +46 8 706 96 11 or Olle Wijk, Sandvik Steel, telephone +46 26 26 32 71
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUSW
Date:Oct 27, 1998
Words:235
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