consolidated outlines capital investment

1
Pump Industry Analyst December 1999 Pump Company Index ABS 11.12 AlleLaval 1 &torn 12 Andrttz 16 Baker Hughes 10 Bran+Leubbe 9 Colfax Corporation 16 CITUW 12,13 Ctycstar Hydrocabn Pump 6 Dresser Indtmtrie6 0 Ebara 196 Ebara Techndogies 12 E& 6 EnNunment One 9 Flowaonm 7.10,11,12,13 F&am 13 Qardnerthver 7, 13 QOfIlWl-Flupp 10.13 GIWO 10 GWIKlb5 13 tblliturton 10 Hex lO,ll, 13 IDP 0 lhdu&ri.3l Hotding 13 Ingenoll-Rand a, 10 mm 11.13 l-r lndustflee 10 1ohmon Pump lntern4tionnl 11 Johnston Pump 9 <SB 1,5.11 AK&I industrial 16 wood-KSB Fluid Systems LLC 5 weair 0.10, 11, 16 %&ion -arts 9, 10, 12 3ebbikl.s&Mprs 10 ?oper Industries 10.16 jchlumberger 13 Mttl 8 Loveless 11 htzer 11 rextron 1,lO r0tww3 11 United Domhlon 9. 10. 13 Unlted Techn~as 10 waukesha CherIy-BurrelI 9 Weir 11 WICOI 10, 12. 13 MACHINERY MERGER CALLED OFF The proposed merger of the pulp and paper machinery businesses of Ahlstrom and Kvaerner will not now take place (see Pump Industry Analyst, February 1999). The companies say the divestitures required to meet the EU competition authori- ties’ objections would reduce the financial and strategic attractiveness of the merger significantly. In March this year. Ahlstrom and Kvaemer signed a merger agreement and an application for EU approval was submitted. CONSOLIDATED OUTLINES CAPITAL INVESTMENT Consolidated Papers Inc has approved US$lO6 million in capital improvements in the year 2000. New capital projccls authorised by the board include a rebuild of the No I6 The 40 MW. third phase of the plant is to be built by National Power at Aylesford Newsprint Limited’s Kent paper mill. It supplies annually nearly 400 000 tonnes of IO0 per cent recycled newsprmt to national, regional and Euro- pcun newspapers. VALMET PLANS CHINESE TECHNOLOGY CENTRE Metso Corporation’s libre and paper technology busi- ness Valmet is to open a new technolow centre in China. +?I I million will be invesl- ed in the technology centre. near Shanghai. which is sched- ulcd to open in spring 2001. The new technology ccntre will provide local back-up for Val- met’s machinery deliveries as well as offering a wide range ot specialised services for process improvements, upgrade5 and upkeep of all types of tibrc and paper production lines. According to Metso. the Chinese pulp and paper indus- try will heavily upgrade and rebuild its machinery over the next few years to meet the rapid growth in demand for paper machine in Wisconsin paper, board and ttssuc. cooling to No 26 paper 1 DANIEL WINS BP muchinc at the Biron Division: AMOCO DEAL and equipment to improve the hardwood pulp washing condi- Duke/Fluor Daniel has been tions at the Kraft Division to selected by Primary Energy ensure comoliance with the Inc, a subsidiary of NiSource EPA’s Cluster Rule. Inc. and BP Amoco to pro- vide turnkey engineering, GREEN BOOST TO 1 procurement and construc- UK CHP PLANT tion services for a 525 MW, gas-tired cogeneration facili- A f15 million extension to a ty at BP Amoco’s Whiting green combined heat and refinery in Indiana. power plant will make it one Construction of the of the UK’s largest with over USS250 million plant began 300 MW of capacity. this year. with completion planned for the second quarter of 2001. Clarence Ray. presi- dent of DukelFluor Daniel, said the facility provided an opportunity to build a new relationship with BP Amoco. PUERTO RICAN POWER PROJECT SET FOR 2002 AI?! Puerto Rico LP has selected DukeJFluor Daniel to provide turnkey engineer- ing, procurement, construc- tion and commissioning ser- vices for the 454 MW, coal-fired Total Energy Plant Project located in Guayama, Puerto Rico. The project is scheduled for completion in mid 2002 and will feature two 2.50 MW circu- lating fluidised bed coal-fired boilen. selective non-catalytic reduction. two circulating dry scrubbers with particulate col- lection equipment. a steam tur- bine generator and a lero dis- charge system design. Fuel will he delivered via ocean vessels to a docking facility. GE EQUIPS TURKISH POWER FACILITY GE Power Systems will sup- ply power generation equip- , ment and additional services 1 for the construction of a I US$194 million, build-oper- ate-transfer power plant that will supply 206 MW of elec- tricity for Alapli, firkey. ATAM Elektrik Sanayi ve Tlcarct AS of Istanbul is spon- soring the project which is being co-developed by ATAM and GE Power Systems. The new natural-gas fired plant is scheduled to hegin commercial service in the fourth quarter of 2002. The Turkish Mimstry of Environment has approved the environmcnlal impact assebs- ment for the project. In addition to being the co- developer and supplying the power generation equipment and technical advisory services,

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Page 1: Consolidated outlines capital investment

Pump Industry Analyst December 1999

Pump Company Index

ABS 11.12

AlleLaval 1

&torn 12

Andrttz 16

Baker Hughes 10

Bran+Leubbe 9

Colfax Corporation 16

CITUW 12,13

Ctycstar Hydrocabn Pump 6

Dresser Indtmtrie6 0

Ebara 196 Ebara Techndogies 12

E& 6

EnNunment One 9

Flowaonm 7.10,11,12,13

F&am 13

Qardnerthver 7, 13

QOfIlWl-Flupp 10.13

GIWO 10

GWIKlb5 13

tblliturton 10

Hex lO,ll, 13

IDP 0

lhdu&ri.3l Hotding 13

Ingenoll-Rand a, 10

mm 11.13

l-r lndustflee 10

1ohmon Pump lntern4tionnl 11

Johnston Pump 9

<SB 1,5.11

AK&I industrial 16

wood-KSB Fluid

Systems LLC 5

weair 0.10, 11, 16

%&ion -arts 9, 10, 12

3ebbikl.s&Mprs 10

?oper Industries 10.16

jchlumberger 13

Mttl 8 Loveless 11

htzer 11

rextron 1,lO

r0tww3 11

United Domhlon 9. 10. 13

Unlted Techn~as 10

waukesha CherIy-BurrelI 9

Weir 11

WICOI 10, 12. 13

MACHINERY MERGER CALLED

OFF The proposed merger of the pulp and paper machinery businesses of Ahlstrom and Kvaerner will not now take place (see Pump Industry Analyst, February 1999).

The companies say the divestitures required to meet the EU competition authori- ties’ objections would reduce the financial and strategic attractiveness of the merger significantly. In March this year. Ahlstrom and Kvaemer signed a merger agreement and an application for EU approval was submitted.

CONSOLIDATED OUTLINES CAPITAL

INVESTMENT Consolidated Papers Inc has approved US$lO6 million in capital improvements in the year 2000.

New capital projccls

authorised by the board include a rebuild of the No I6

The 40 MW. third phase of the plant is to be built by National Power at Aylesford Newsprint Limited’s Kent paper mill. It supplies annually nearly 400 000 tonnes of IO0 per cent recycled newsprmt to national, regional and Euro- pcun newspapers.

VALMET PLANS CHINESE

TECHNOLOGY CENTRE

Metso Corporation’s libre and paper technology busi- ness Valmet is to open a new technolow centre in China.

+?I I million will be invesl- ed in the technology centre. near Shanghai. which is sched- ulcd to open in spring 2001.

The new technology ccntre will provide local back-up for Val- met’s machinery deliveries as well as offering a wide range ot specialised services for process improvements, upgrade5 and

upkeep of all types of tibrc and paper production lines.

According to Metso. the Chinese pulp and paper indus- try will heavily upgrade and rebuild its machinery over the next few years to meet the

rapid growth in demand for paper machine in Wisconsin paper, board and ttssuc.

cooling to No 26 paper 1 DANIEL WINS BP muchinc at the Biron Division: AMOCO DEAL and equipment to improve the hardwood pulp washing condi- Duke/Fluor Daniel has been

tions at the Kraft Division to selected by Primary Energy

ensure comoliance with the Inc, a subsidiary of NiSource

EPA’s Cluster Rule. Inc. and BP Amoco to pro- vide turnkey engineering,

GREEN BOOST TO 1 procurement and construc-

UK CHP PLANT tion services for a 525 MW, gas-tired cogeneration facili-

A f15 million extension to a ty at BP Amoco’s Whiting green combined heat and refinery in Indiana. power plant will make it one Construction of the of the UK’s largest with over USS250 million plant began 300 MW of capacity. this year. with completion

planned for the second quarter of 2001. Clarence Ray. presi- dent of DukelFluor Daniel, said the facility provided an opportunity to build a new relationship with BP Amoco.

PUERTO RICAN POWER PROJECT

SET FOR 2002 AI?! Puerto Rico LP has selected DukeJFluor Daniel to provide turnkey engineer- ing, procurement, construc- tion and commissioning ser- vices for the 454 MW, coal-fired Total Energy Plant Project located in Guayama, Puerto Rico.

The project is scheduled for completion in mid 2002 and will feature two 2.50 MW circu- lating fluidised bed coal-fired boilen. selective non-catalytic reduction. two circulating dry scrubbers with particulate col- lection equipment. a steam tur- bine generator and a lero dis- charge system design. Fuel will he delivered via ocean vessels to a docking facility.

GE EQUIPS TURKISH POWER

FACILITY GE Power Systems will sup- ply power generation equip- , ment and additional services 1 for the construction of a I US$194 million, build-oper- ate-transfer power plant that will supply 206 MW of elec- tricity for Alapli, firkey.

ATAM Elektrik Sanayi ve Tlcarct AS of Istanbul is spon- soring the project which is being co-developed by ATAM and GE Power Systems. The new natural-gas fired plant is scheduled to hegin commercial service in the fourth quarter of 2002. The Turkish Mimstry of Environment has approved the environmcnlal impact assebs- ment for the project.

In addition to being the co- developer and supplying the power generation equipment and technical advisory services,