OUTOKUMPU TECHNOLOGY TO DELIVER THE WORLD?S LARGEST SULPHURIC ACID PRODUCTION COMPLEX TO SAUDI

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Outokumpu Oyj  Press release  May 2, 2006 at 4.00 pm 

OUTOKUMPU TECHNOLOGY TO DELIVER THE WORLD’S LARGEST SULPHURIC ACID
PRODUCTION COMPLEX TO SAUDI ARABIA

Outokumpu Technology will design and deliver the world’s largest
sulphuric acid plant complex at Ras Az Zawr, Kingdom of Saudi
Arabia. The Saudi Arabian Mining Company (Ma´aden) and Outokumpu
Technology’s joint venture company Middle East Metals Processing
Company Ltd. signed the Phase 1 contract for the engineering of
three sulphuric acid plants on the 1st of May, 2006. The project
will be executed in two phases with project implementation and
construction starting at the end of 2006.

The overall investment cost is estimated to about USD 240 million
out of which the core technology package directly subcontracted to
Outokumpu Technology will be 50%.

With a total production of 13,500 tonnes per day of sulphuric acid
the new plant complex will be the largest sulphuric acid production
complex ever built in the world. Ma´aden will use the whole acid
production for its manufacture of phosphate based fertilizer. The
plant complex will be operational in 2009.

Outokumpu Technology has entered into a joint venture with Central
Mining Company Investment Ltd. of Saudi Arabia in order to realize
the project. The new joint venture company, Middle East Metals
Processing Company Ltd., is based in Al-Khobar.

With this important project Outokumpu Technology confirms its market
leadership in sulphuric acid technologies. The company has been a
major designer and supplier of sulphuric acid plants for more than
80 years, with a track record of over 600 plants installed
worldwide.

For further information please contact:

Outokumpu Technology
Tapani Järvinen, President and CEO
Tel. +358 9 421 2135

Outokumpu Technology GmbH
Peter Weber, President – Metals Processing
Tel. + 49 6171 9693 165
       
       
Outokumpu Technology is a worldwide technology leader in minerals
and metals processing, providing innovative tailored solutions for a
wide variety of customer needs in iron and steel, aluminium and non-
ferrous metals industries. With a global network of sales and
service centers, research facilities and 1800 experts the company
generates annual sales of some 600 million euro.

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