Atlas Copco has received order for the Russian pipeline industry
Stockholm, Sweden, October 7, 2010: ZAO Atlas Copco, Russia, has received an order to supply ninety units for the construction of the Sakhalin-Khabarovsk-Vladivostok gas transmission system. The order value is approximately MEUR 20 (MSEK 190).
The equipment – portable compressors, dryers, boosters, lighting towers and a generator – will be used during the construction of a 1 600 kilometers long gas pipeline system from north of Sakhalin island to Vladivostok. The packages will deliver a total capacity of up to 1 230 m³/min compressed air. The order was booked in the third quarter 2010 and delivery will start in October.
“This order shows that Atlas Copco is a first choice supplier to the Russian oil and gas industry,” says Stephan Kuhn, Business Area President Compressor Technique, and continues: “The project requires equipment for pressures of up to 150 bar and that work in temperatures of minus 40 degrees Celsius.”
Atlas Copco received the order from ARGUS Pipeline Service, a well known provider of complete solutions to the Russian pipeline industry and an Atlas Copco customer since several years. ARGUS supplies technologies, equipment and materials for pipeline construction, testing, operation and repair.
For further information please contact:
Stephan Kuhn, Business Area President, Compressor Technique
+32 (0)3 870 2938 or +32 (0)474 881 154
Love Liman, Acting Media Relations Manager
+46 (0)8 743 8060 or +46 (0)73 318 8060
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at www.atlascopco.com.
Atlas Copco’s Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. It innovates for superior productivity in applications such as manufacturing, construction, and the process industry worldwide. Principal product development and main manufacturing units are in Antwerp, Belgium. More information is available on www.atlascopco.com.
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