ABB Ltd
1 March 2002
ABB wins US$ 32 million power order in Saudi Arabia
Substation and technology upgrades for Jubail United Petrochemical Company
Zurich, Switzerland, March 1, 2002 - ABB, the global power and automation
technology group, said today that it has won a US$ 32 million order from the
Jubail United Petrochemical Company in Saudi Arabia for a new gas-insulated
substation, technology upgrades to two existing substations and a 22-kilometer
power transmission line.
The substations will tie into the Saudi Electricity Company - Eastern Region
Branch network, increasing efficiency, stability and productivity, said ABB.
'This order highlights the importance of partnering with key customers to better
understand their technology challenges,' added Dinesh Paliwal, executive vice-
president and head of ABB's Process Industries division. 'It also underlines our
ability to provide the petroleum and petrochemicals industry with complete
electrification packages.'
Under the terms of the agreement, ABB will design, supply, build and commission
a 230-kilovolt gas-insulated substation, extend and modify two existing
substations and the connecting 22-kilometer power transmission line. The work
is slated for completion in July 2003.
ABB (www.abb.com) is a global leader in power and automation technologies that
enable utility and industry customers to improve performance while lowering
environmental impact. ABB has 155,000 employees in more than 100 countries.
For more information please contact:
Media Relations Investor Relations:
ABB Corporate Communications, Zurich Switzerland: Tel. +41 43 317 3804
Thomas Schmidt Sweden: Tel. +46 21 325 719
Tel. +41 43 317 6492 USA: Tel. +1 203 750 7743
Fax. +41 43 317 6494 investor.relations@ch.abb.com
media.relations@ch.abb.com
This information is provided by RNS
The company news service from the London Stock Exchange
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