Good News from Tue, 15 May, 2012:

Outotec delivering technology for Indian plant

Outotec is delivering technology to Indian Bhushan Power & Steel Limited. Outotec is delivering technology to Indian Bhushan Power & Steel Limited.
Outotec is delivering technology for a new iron ore sintering plant to be built in Rengali in the state of Orissa, India. The company has signed a EUR 20 million contract with Indian Bhushan Power & Steel Limited (BPSL).The scope of Outotec's delivery includes technology, engineering, supplying proprietary equipment and supervisory services for a new sintering facility.

— In today's global steel industry and even in the very price-sensitive Indian market, it is not just about competitive initial investment pricing that wins contracts, but offering energy-efficient technologies leading to lower operational costs, notes Outotec CEO Pertti Korhonen.

According to Outotec, the company’s technology substantially reduces overall emissions and saves energy by post-combusting the re-circulated combustibles such as CO, while retaining high-quality sinter properties.
 
The sintering facility is expected to annually produce 2.45 million tonnes of iron ore sinter which is used as raw material in steel production. The project is anticipated to last approximately 30 months.

www.outotec.com

MM