PRESS RELEASE
November 12, 2010 at 2.00 pm EET
The state of Mexico is building a 104 meters high monument in stainless steel in
central Mexico City to celebrate its 200 years of independency. The steel to the
monument "Estela de Luz" ("Trail of light") will be delivered by Outokumpu to
the project's main contractor Euroguarco in Italy.
The order is for 1 500 tonnes of duplex special grades LDX 2101® and 2205
produced in Outokumpu's Degerfors site. The steel will be made into tubes in
Italy and the monument will be built in Mexico before the end of 2011.
"We chose Outokumpu for their reliability and high quality standard, since this
project is quite complex and delicate", says Cristiano Ghirlanda, managing
director at Euroguarco.
"Our stainless steel offers durability and high strength, which enables a
thinner and lighter construction. We believe that this project can be a
breakthrough for our special grade LDX 2101® in architectural constructions and
hope that it can give us more high profile projects in the future", says Tobias
Larsson, product manager at Outokumpu.
For more information, please contact:
Tobias Larsson, Product Manager, Outokumpu Degerfors,
tel +46 586 473 22, +46 70 201 28 92
Elisabeth Hansson, Communications Manager Sweden,
tel +46 76 760 60 20
OUTOKUMPU OYJ
Outokumpu is a global leader in stainless steel with the vision to be the
undisputed number one. Customers in a wide range of industries use our stainless
steel and services worldwide. Being fully recyclable, maintenance-free, as well
as very strong and durable material, stainless steel is one of the key building
blocks for sustainable future. Outokumpu employs some 7 500 people in more than
30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is
listed on the NASDAQ OMX Helsinki. www.outokumpu.com
[HUG#1462059]
ENG Monument in Mexico 12112010:
http://hugin.info/3010/R/1462059/401080.pdf
Photo 1_Estela de luz:
http://hugin.info/3010/R/1462059/401081.jpg
Photo 2_Estela de luz:
http://hugin.info/3010/R/1462059/401082.jpg
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Outokumpu Oyj via Thomson Reuters ONE
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.