Metso Corporation's press release on October 27, 2010 at 3:30 p.m. local time
Metso has signed an agreement with South Korean based GS Engineering and Construction Company for the supply of cryogenic and sequence valves. The valves are for a GASCO-operated liquefied natural gas (LNG) plant located at Ruwais, United Arab Emirates and constructed by GS Engineering and Construction Company. The order is based on Metso's business partnership with GASCO as well as proven high-level product quality and service.
The value of the order is about EUR 6 million, and the order is included in Energy and Environmental Technology´s Q3 orders received.
Metso is the technology leader in cryogenic valves which can be operated in extremely low temperatures. In Metso's test laboratory valve performance can be tested in liquid nitrogen at -196 Celsius degrees.
GASCO operates LNG extraction plants and gas plants. It is owned by Abu Dhabi National Oil Company (68%), Shell (15%), Total (15%) and Partex (2%).
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
For further information for the press, please contact:
Soonho Lee, Country Manager, Automation business line +82 2 582 1507
Mika Nissinen, Vice President, Neles product line, Automation business line, tel +358 40 521 6250