About us| FAQ| Contact us| Make Steelguru your Homepage | RSS
Toplogo   FAIL (the browser should render some flash content, not this).
 
 Also Read
0blt1ABB successfully tests ultrahigh voltage transformer in China
0blt1ABB to book pre tax provisions of USD 850 million in Q4
0blt1ABB inks pact with GoalArt to improve power grids management
0blt1ABB to review EU's preliminary findings in power transformer investigation
0blt1ABB wins offshore contracts worth USD 150 million
 
 International News
0blt1Details of US steel imports in 2008
0blt1Rautaruukki To acquire Norwegian steel frame constructor
0blt1Downsizing deals - AK Steel begins salaried workforce layoffs
0blt1Voestalpine to reduce dependence on Russian gas
0blt1Downsizing deals - ArcelorMittal lays off 120 at Trinidad plant
0blt1Sino Korean SBQ plate deals at USD 840 CNF
0blt1Schnitzer Steel posted net loss of USD 34 million in Q1 2009
0blt1Recession reports - RBS sees ArcelorMittal and ThyssenKrupp writing down assets
0blt1Nippon Steel to post JPY 58 billion loss on securities
0blt1POSCO may get second chance for Daewoo bid - Report
0blt1Toyota Motors remains largest automaker for 2 years in a row
0blt1US steel producers struggle to firm up prices - Report
0blt1Macroeconomic indicators - US factory orders in November dip
0blt1Downsizing deals - 250 jobs loss as Tswana Steel shuts down
0blt1Korean shipbuilders to keep top spot
0blt1GM may not need additional loans to survive - Report
0blt1Bombardier inks framework agreement with Deutsche Bahn
0blt1Evergreen denies reports on USD 5.5 billion ship buy out
0blt1Delong Holdings forecasts loss in FY 2008
0blt1Hutchison withdraws from Thessaloniki bid
0blt1Gas cut leads Bulgarian fertilizer firms to halt output
0blt1Vietnamese steel industry caught in legal and market tangle
0blt1Production pruning - Japanese steelmakers to expand output cut in H2
0blt1S Korean firms win plant orders worth USD 46.2 billion in 2008
0blt1CTC Cable inks manufacturing agreement with PT Tranka
0blt1S Korea to invest KRW 50 trillion on SMEs in 2009
0blt1KDB gives ultimatum on Hanwha's shipyard takeover
0blt1Watson Steel sues Macalloy over hanger failure
 
 
News Saturday, 10 Jan, 2009
ABB signs USD 61 million frame agreement with Petrobras

ABB, the leading power and automation technology group has signed an exclusive USD 61 million frame agreement with Petrobras to supply process automation systems and related services to eight oil refineries in Brazil over the next five years.

Under the agreement ABB will supply its extended automation System 800xA for process automation with integrated substation automation functions, software and hardware, upgrades of existing installed ABB control systems, as well as other project management and engineering services. The agreement includes USD 29 million for engineering services.

ABB’s process automation technology will help Petrobras expand production at its refineries, maximize energy efficiency and optimize maintenance and operation costs. It will also help produce fuels with lower sulfur content, which have fewer emissions than other fuel blends.

Mr Veli Matti Reinikkala head of ABB’s Process Automation division said that “This important agreement underscores ABB’s commitment to providing the leading-edge technologies and services our customers need to compete and thrive in today’s global environment. As our petrochemical customers expand their operations to meet strong demand, we help them to achieve these targets while improving their overall productivity and energy efficiency.”

Brazil based Petrobras is an integrated energy company with activities in oil exploration, production, refining, marketing and transportation. Petrobras represents one of the largest installations of ABB automation systems within the petrochemical industry.

 
Post Comments  Read Comments  Forum
 
Chinese News Indian News Intenational News Middle East News
Russian News Stainless & Special Steel News Raw Material & Mining News


 
User Comments

No comment for this news

 
Add Comment
 
Name:
Email:
Comment:
 
 

Copyright © 2004 - SteelGuru and respective copyright holders. All rights reserved.
Site optimized for Internet Explorer 6.0 and above.
Disclaimer| Privacy Policy| About us| Feedback| Contact us| FAQ| Site Map