Atlas Copco Receives Large-Scale Order from Power Generation Market.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 received a large order from Alstom Switzerland for the power generation market. The order comprises several fuel gas booster compressors, with the overall contract value at MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 83 (MEUR MEUR Million Euros 9). The machines are set for delivery between late 2007 and early 2008. Alstom is a global leader in power generation. The machines are being delivered to different destinations in Spain and the United Kingdom, where they will be used in natural gas power plants. Atlas Copco is building three two-stage fuel gas booster compressors for an 800 megawatt meg·a·watt n. Abbr. MW One million watts. meg  a·watt power plant in Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. . The two compressors for the Spanish plants are single-stage fuel gas boosters to be used in two 400 megawatt power plants. This newest fuel gas booster contract comes in the wake of a similar order from Alstom in June for power plants in Italy. The total installed power of all these plants is in excess of 2 500 megawatt. "The fuel gas booster market has been growing. Atlas Copco has the right technical capability and product reliability to meet the market's needs," says Ronnie Leten, Business Area President, Atlas Copco 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 Technique. Leveraging from related projects, Atlas Copco is currently going to great lengths to standardize the machines used in power plants. Due to this approach, Atlas Copco can typically ensure that customers such as Alstom have combined-process power plants operational more quickly. The order was won by Atlas Copco's Gas and Process division within the Compressor Technique business area. 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 develops, manufactures and markets large, customized gas and process compressors and turbo expanders, and their respective aftermarket products. Its products are used primarily by the oil and gas, chemical/petrochemical process and power industries worldwide, and also by industries that specialize in gas production through air separation. The divisional headquarters and main production center is located in Cologne, Germany. This information was brought to you by Waymaker http://www.waymaker.net |
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