Atlas Copco receives large order for Saudi Arabian power generation market Business Wire STOCKHOLM -- September 25, 2012 Atlas Copco’s (STO:ATCOA)(STO:ATCOB) Gas and Process division has won an order for three centrifugal gas compressors to serve the power-generation industry in Saudi Arabia. The machines will be used in a natural-gas-fueled power plant in Riyadh, Saudi Arabia. The contractor constructing the plant is a joint venture between two large engineering, procurement, and construction companies: Arabian Bemco Contracting Co. Ltd., based in Saudi Arabia and Lebanon, and GS Engineering & Construction Corp, based in South Korea. The end user is Saudi Arabia’s largest national public utilities operator, Saudi Electric Company. The facility, known as PP-12, will be one of the biggest combined-cycle power plants in the region, expected to start commercial operation by 2014 with a net output of 2 175 MW. The Atlas Copco compressors will feed gas turbines, which produce electricity, with natural gas at the required pressure level of 33 bars.The order was booked in the third quarter. “Atlas Copco won this order thanks to our significant experience and expertise in this market and region, and our ability to meet the customer’s timeline for the project,” says Stephan Kuhn, President of Atlas Copco’s business area Compressor Technique. “Atlas Copco is proud to be a preferred supplier in the Middle Eastern power-generation market.” Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500 employees and revenues of BSEK 81(BEUR 9). Learn more at www.atlascopco.com. Atlas Copco’s Compressor Technique business area provides industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services. Compressor Technique innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India. This information was brought to you by Cision http://www.cisionwire.com Contact: Stephan Kuhn Business Area President Compressor Technique +32 (0)3 870 2938 or +32 (0)474881154 or Daniel Frykholm Media Relations Manager +46 (0)8743 8060 or +46 (0)70 865 8060
Atlas Copco receives large order for Saudi Arabian power generation market
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