Tag «Outotec»

Outotec strengthens its technology and process capabilities with a unique Dewatering Technology Center in Finland

Outotec will further strengthen its position as a leader in dewatering solutions by establishing a Dewatering Technology Center in Lappeenranta, Finland. The center will be dedicated to developing new products and processes for solid-liquid separation and the entire life cycle of the processes including technology, equipment deliveries, commissioning and integrated modernization services and advanced control …

Outotec lowers its financial guidance for 2013 and publishes preliminary Q1-Q3 2013 financial information

Outotec lowers its financial guidance regarding sales and operating profit margin for 2013. There are several factors contributing to the lower sales guidance. The macroeconomic uncertainty has continued which has slowed down customers’ capex investments. Also some projects have progressed slower than expected due to delays in customer payments. In addition, one project (EUR 30 …

Outotec received minerals processing technology orders from Mexico

Outotec has been awarded minerals processing technology orders by Grupo Peñoles for four greenfield concentrators and one expansion in Mexico. The orders, worth over EUR 47 million, have been booked in Outotec’s third quarter order intake. Outotec’s deliveries include altogether 148 Outotec TankCell® flotation cells, 9 Outotec® High Rate thickeners and automation packages, including Outotec …

Outotec recognized again for climate change transparency reporting in the Nordic Carbon Disclosure Leadership Index

Outotec was recognized in the Nordic Carbon Disclosure Leadership Index (CDLI) for the fifth consecutive year with regard to the quality of climate change data it has submitted. CDP (formerly Carbon Disclosure Project) is the global environmental disclosure system, which highlights companies with the most professional approach to climate change disclosure practices. Outotec received 95 …

Outotec and Sarda Energy and Minerals Ltd. enter into legal dispute over contractual obligations in a filter delivery

Indian based steel producer Sarda Energy and Minerals Ltd. (SEML) has submitted application for arbitration at the International Court of Arbitration against Outotec in a dispute regarding a filter delivery. The company claims compensation of approximately EUR 18 million from Outotec for loss of profit. Outotec finds these allegations to be completely without merit. Larox …

Outotec selected to the Dow Jones Sustainability Index

Outotec has been selected to the Dow Jones Sustainability Europe Index for 2013-2014. The DJSI follows a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. “We are very proud to be included in the Dow Jones Sustainability Index. It is a recognition for our hard work for enabling …

Outotec issues a EUR 150 million bond

OUTOTEC OYJ STOCK EXCHANGE RELEASE SEPTEMBER 5, 2013 at 5.30 PM Outotec issues a EUR 150 million bond As a part of Outotec’s long-term financing strategy, the company has resolved to issue a EUR 150 million fixed rate unsecured bond. The funds can be used for general corporate purposes and the arrangement primarily supports …

Outotec agreed to deliver a technology license for a potential alumina refinery in the United Arab Emirates

Outotec and Hatch, as an unincorporated joint venture, have been awarded a contract by Mubadala and Dubai Aluminium (DUBAL) for the provision of a technology license as well as the basic and detail engineering of an integrated digestion and evaporation facility relating to the assessment of a potential alumina refinery development in Abu Dhabi, the United …

Outotec to supply latest technology for the upgrade of Rio Tinto’s Kennecott flash smelter in the U.S.

Outotec will supply the latest flash smelting technology improvements to the upgrade of Rio Tinto’s Kennecott Utah Copper smelter in the U.S. The contract value is approximately EUR 14 million and will be booked in Outotec’s third quarter order intake. Kennecott has operated the Utah copper smelter since 1995 utilizing a combination of Outotec® Flash …

Outotec wins green anode plant and rodding shop technology orders from ETI Alüminyum in Turkey

Outotec has received orders from ETI Alüminyum A.S. a division of Turkish CENGIZ Holding, to deliver green anode plant and rodding shop technology worth approximately EUR 15 million. The order has been booked in Outotec’s third quarter order intake. ETI Alüminyum plans to convert its current primary aluminum smelter located at Seydisehir (Konya) in Turkey …