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Outotec has been awarded a contract by Philippine Associated Smelting and Refining Company (PASAR) for the modernization of PASAR’s copper smelter in the Philippines. The contract value exceeds EUR 12 million and it has been booked in Outotec’s third quarter order intake. PASAR’s copper smelter is based on Outotec® Flash Smelting technology. The original …
Outotec signs another long-term operation and maintenance contract with Russian Copper Company Outotec has signed a six-year service contract with ZAO Tominsky GOK, which is a part Russian Copper Company Group (RCC), for the future operation and maintenance of the flotation plant, dewatering and reagent departments of Tominsky copper concentrator, currently under design by Outotec. …
Outotec has agreed with Russian Copper Company on the design and delivery of a new copper concentrator for the first stage of the Tominsky project in the Chelyabinsk region in Russia. The total value of the contracts exceed EUR 50 million, which will be booked in Outotec’s Q2 2013 order intake. Russian Copper Company is …
Outotec collaborates with Global Oil Shale in the development of a concentration process for oil shale Outotec and Global Oil Shale Group have agreed on collaboration in the development of a commercial scale concentration process for kerogen, a mixture of organic material contained in surface mineable oil shale deposits. The parties will initially focus on …
Outotec opens office in Jakarta to strengthen its presence in Indonesia As part of its growth and expansion plans in Asia Pacific, Outotec today (May 2, 2013) announced the opening of its office in Jakarta, Indonesia. The new office was inaugurated by Mr Pertti Korhonen, CEO and President of Outotec, in the presence of customers, …
INTERIM REPORT JANUARY-MARCH 2013 Continued growth in order intake and sales January-March 2013 in brief (2012 corresponding period): Order intake: EUR 491.1 (425.4) million, +15% Order backlog: EUR 1,938.9 (1,991.8) million, -3% Sales: EUR 502.9 (410.4) million, +23% Services sales: EUR 103.8 (89.5) million, +16% Operating profit from business operations1): EUR 35.0 (30.6) million, +14% …
Outotec to deliver concentrator technology to Mexico Outotec has signed a contract with various Industrias Peñoles’ mines (“Grupo Peñoles”) for the delivery of grinding mills and filters for three new concentrators to be built in Mexico in the next years. The contract value is approximately EUR 30 million, and the order has been booked in …
Outotec joins initiative to establish the Industrial Waters Excellency Center in Russia Outotec collaborates with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in the area of establishing the Industrial Waters Excellency Center IWEC to address issues related to industrial water consumption in Russia. IWEC’s main training venues will be in the Severstal facilities …
Outotec to deliver technology for the iron ore pelletizing plant in China Outotec has agreed with Baotou Steel International Economic & Trading Co. Ltd on the design and delivery of an indurating furnace for a new iron ore pelletizing plant to be built in China. The contract price is not disclosed, but deliveries with similar …
CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND EXECUTIVE BOARD In order to accelerate Outotec’s transformation into a full life cycle solutions provider and enhance value creation for customers and shareholders, Outotec has decided to change its corporate operating model and organization structure. The change further aims at strengthening product and technology leadership and the scalability …