ABB Environmental Systems Unit Announces Over $60 million In Contracts

ABB Environmental Systems Unit Announces Over $60 million In Contracts

NORWALK, Conn.–(BUSINESS WIRE)–Feb. 17, 1999–A U.S.-based unit of ABB, ABB Environmental Systems of Knoxville, Tenn. (ABB ES), has announced more than $60 million in contracts in the first six weeks of 1999.

— A strategic alliance between Alcoa Inc., SNC Lavalin Inc., and

Fluor Daniel Inc., has awarded ABB a contract to supply and

install emissions reduction equipment at Alcoa’s Warrick County,

Ind., and Wenatchee, Wash., aluminum smelter plants. The total

value of the two contracts is approximately $30 million. The

contract will be executed by a project team consisting of ABB ES

and ABB Environmental of Oslo, Norway.

— Tennessee Valley Authority has awarded ABB ES a contract to

supply nitrogen oxide emissions control systems for its Paradise

power plant in Kentucky. The contract is valued at approximately

$13 million. Under terms of the agreement, ABB ES will supply two

complete selective catalytic reduction systems capable of

removing 90 percent of the NOx emitted by two of the plant’s

coal-fired units.

— Nebraska Public Power District (NPPD) has awarded ABB ES a

contract to supply two particulate emissions control systems to

its Sheldon Station in Hallam, Neb. The contract is valued at

approximately $10 million. Under terms of the agreement, ABB ES

will supply and install two of its LPK pulse jet fabric filter

systems on the Sheldon Station’s coal-fired 110 MW Unit 1 and 120

MW Unit 2.

— ABB ES has received a contract to supply emissions control

equipment to an Ogden Energy Group, Inc. waste-to-energy facility

in Tulsa, Okla. The contract is worth approximately $8 million.

Under terms of the agreement, ABB ES will supply and construct

three dry scrubber/fabric filter systems — including all

ductwork, controls, induced draft fans, and a lime supply system.

ABB, with U.S. headquarters in Norwalk, Conn., serves customers in power generation, transmission, and distribution; automation; oil, gas, and petrochemicals; industrial products and contracting; and financial services. ABB and its affiliates had U.S. orders of approximately $6.5 billion in 1997 and employ about 22,000 at manufacturing and other facilities in 41 states http://www.abb.com/usa.

Worldwide, ABB Group reported orders of $31 billion in 1998 and employed about 200,000 people in more than 100 countries http://www.abb.com/. In the United States, ADRs for shares in ABB Group’s parent companies, ABB AB and ABB AG, are traded on the NASDAQ exchange (ABBBY) and in the OTC market (ABBGY), respectively.

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