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Thursday 02 September, 2010

Outotec Oyj

Outotec to supply iron ore sinter plant for SAI...






OUTOTEC OYJ  PRESS RELEASE, SEPTEMBER 2, 2010 AT 2.00 PM

Outotec to supply iron ore sinter plant for SAIL in India

Outotec has won an order from Steel Authority of India Ltd (SAIL) for the design
and delivery of an iron ore sinter plant for SAIL's Bhilai Steel Plant in
Chhattisgarh. Outotec will implement the turnkey plant project in consortium
with Larsen & Toubro Ltd. Outotec does not disclose the contract value, but
typically technology solutions with corresponding scope range from EUR 20 to 25
million.

The new sinter plant is part of SAIL's program of expanding the annual capacity
of the Bhilai Steel Plant to 7 million tonnes of crude steel. Outotec's scope
covers engineering, supply of proprietary and special equipment as well as
technical services for a sinter plant with annual capacity of 3.7 million
tonnes. Larsen & Toubro will cover supply of local components and site
construction works. The new sinter plant is expected to become operational in
2012.

"With the new contract for a large sintering plant at Bhilai, which follows
several earlier contracts for medium to large-sized sinter plants in India,
Outotec confirms its position as the partner of choice for agglomeration
projects of the Indian public and private steel industry," says Pertti Korhonen,
President and CEO of Outotec.


For further information please contact:

OUTOTEC

Deepak Khanna, Sales Director, India
tel. +91 33 4014 0404

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

e-mails firstname.lastname@outotec.com


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