Atlas Copco Receives Breakthrough Order from Chinese Fertilizer Industry.STOCKHOLM, Sweden -- Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. (STO:ATCOA) (STO:ATCOB) has won a breakthrough contract for compressors from a Chinese fertilizer producer. The compressors are for the Qinghai Salt Lake Industry Group Co. Ltd. in Golmud, China and the machines will be used in several of the plant's process cycles. The order has a value of more than MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 65 (MEUR MEUR Million Euros 7). The Qinghai Salt Lake Industry Group Co. Ltd. is China's largest producer of potash potash: see potassium carbonate. potash Name used for various inorganic compounds of potassium, chiefly the carbonate (K2CO3), a white crystalline material formerly obtained from wood ashes. fertilizer. The Golmud facility also produces ammonia ammonia, chemical compound, NH3, colorless gas that is about one half as dense as air at ordinary temperatures and pressures. It has a characteristic pungent, penetrating odor. and will, in the future, also produce other chemical products. Atlas Copco will deliver three customized machines to the Qinghai Salt Lake Industry Group: a six-stage compressor compressor, machine that decreases the volume of air or other gas by the application of pressure. Compressor types range from the simple hand pump and the piston-equipped compressor used to inflate tires to machines that use a rotating, bladed element to achieve for the main air supply, a five-stage compressor used for the hydrogen feed cycle, and a four-stage ammonia compressor. The machines will have to operate in difficult conditions as the plant is located at an altitude of 2 600 meters and near a salt lake. "By winning the contract, Atlas Copco is once again demonstrating its ability to build customized compressors meeting highly specialized customer requirements," says Bengt Kvarnback, President of Atlas Copco's Compressor Technique business area. The order, won by Atlas Copco's Gas and Process division, strengthens Atlas Copco's position in Asia. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600). Learn more on www.atlascopco.com. Gas and Process is a division within Atlas Copco's Compressor Technique business area. It is responsible for development, manufacturing and sales of large, customized gas and process compressors and turbo expanders, and their respective aftermarket products. The division's products are used primarily by the oil and gas, chem/petrochemical process and power industries, and also by industries that specialize in gas production through air separation. The division is headquartered in Cologne, Germany and has worldwide sales, service and application center resources. More information is available on www.atlascopco.com. This information was brought to you by Waymaker http://www.waymaker.net |
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