30.10.2015
Salzgitter AG DE0006202005
DGAP-News: Salzgitter AG: Salzgitter Group to deliver some 170,000 t of large diameter pipes and pipe bends for the Trans Adriatic Pipeline
DGAP-News: Salzgitter AG / Key word(s): Incoming Orders
Salzgitter AG: Salzgitter Group to deliver some 170,000 t of large
diameter pipes and pipe bends for the Trans Adriatic Pipeline
30.10.2015 / 11:30
---------------------------------------------------------------------
The Salzgitter Group will be delivering 270 km of large-diameter pipes and
1,559 pipe bends for construction of the Trans Adriatic Pipeline (TAP),
which is to transport natural gas from the Caspian area to Europe in the
future. The total tonnage amounts to some 170,000 metric tons. Salzgitter
Mannesmann International GmbH booked the order.
The large-diameter pipes - primarily measuring 48" - are to be manufactured
by EUROPIPE GmbH, Mülheim, a joint venture of the Salzgitter Group and the
AG der Dillinger Hüttenwerke. The order will secure employment for several
months. The shareholders of EUROPIPE will be supplying the pre-material.
The production of 1,559 pipe bends for the overall line of 870 km is the
largest order ever in the history of the Mülheim based pipe bending plant
of Salzgitter Mannesmann Grobblech GmbH. The order will ensure capacity
utilization of the pipe bending plant for a year.
The order delivery will commence in January 2016.
In the future, TAP will transport natural gas from the Caspian region in
connection with the TANAP line, currently under construction and extending
from Greece through Albania and on to southern Italy.
The Trans Adriatic Pipeline AG shareholders comprise BP (20%), SOCAR (20%),
Statoil (20%), Fluxys (19%), Enagás (16%) and Axpo (5%). After the line has
been completed, up to 20 billion cubic meters of gas are to be transported
annually under the Caspian Sea from the "Shah Deniz II" gas field to
Europe.
Contact:
Markus Heidler
Head of Investor Relations
Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail [email protected]
---------------------------------------------------------------------
30.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: [email protected]
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart
End of News DGAP News Service
---------------------------------------------------------------------
407233 30.10.2015
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Salzgitter AG ISIN: DE0006202005 können Sie bei EQS abrufen
Stahl/Kupfer , 620200 , SZG , XETR:SZG