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Atlas Copco receives large order for Saudi Arabian power generation market

  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
 
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