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EIB lends €80 MN to Esti Energia
Filtration Industry Analyst
June 2004
Filtration Company Index Alfa Laval
7,10,12,13,15
Alfdex
10
BBA Filtration
10
BBA Group
10
Benrad
12
BHA Group Holdings BHEL Calgon Carbon Camfil Farr
11 10,11 6,14 15
Clarcor
15
Crane
15
Crown Andersen
15
Cummins
15
Cuno
MARKET PROSPECTS
1,14,15,16
Ceco Environmental
Degrémont Domnick Hunter Donaldson Dorr-Oliver Eimco Ecolochem Fedders
1,7,10,15 11 15 12,13,15 11 8 15
Flanders
15
GE
15
GE Energy GE Infrastructure
1,14 10
General Electric
10
GE Osmonics
10
GL&V Graver Technologies
11,12,15 13
H2O Innovation
15
Hydranautics
10
Hyflux
11,15
Ionics
8,15
Isis Innovation
13
ITT Industries
11,12,15
Kurita Water Industries
16
KX Industries
13
Larox
5
Mann+Hummel
12
McLeod Russel
15
Membrana Met-Pro MFRI
13 8,11,15 12,15
Millipore
15
Mykrolis
10,12,15
Netzsch
16
Outokumpu
5
Pall
12,15
Parker Hannifin
11,15
Peerless Mfg Pentair Polymerics Porvair Sartorius Snow Filtration
9,15 15 1 15 12,15 10
Spa-Quip
10
Whatman
13,15
WTC Industries
1
Zenon Environmental 9,10,11,13,15
2
POWER GENERATION ABB STRENGTHENS SUDAN’S POWER GRID Power and automation technology group ABB has signed a contract worth US$16 million for a power transmission project which will strengthen Sudan’s power grid. The company won the order from the main contractor Harbin Power Engineering Co Ltd of China. The Ministry of Irrigation and Water Resources Merowe Dam Project Implementation Unit of Sudan initiated the project. The Merowe hydroelectric power station, located about 400 km north of Khartoum, is connected to the national grid by 500kV, 220kV and 110kV overhead lines and associated sub-stations. ABB is responsible for designing, supplying and commissioning the complete secondary electrical system, on a turnkey basis, for seven new sub-stations.
EIB LENDS 80 MN TO ESTI ENERGIA The European Investment Bank (EIB) is providing a 80 million loan to finance the renovation and extension of electricity transmission and distribution facilities in Estonia, which will be undertaken by Eesti Energia AS over the next three years. The investment will, among others, help to reduce operational and maintenance costs, accommodate the expected growth in electricity demand within the residential sector and, in an international context, support the company’s
strategic objective of increasing its presence in the electricity markets in neighbouring countries. Sandor Liive, member of the board and chief financial officer of Eesti Energia, says that the loan will help it to secure the sustainability of investments in national grid and distribution network.
VA TECH WINS JORDANIAN CONTRACT VA TECH Transmission & Distribution, the Austrian supplier of high voltage transmission and distribution systems, has been awarded a new contract valued at 23 million by the National Electric Power Co (NEPCO) of Jordan. The company will supply and install a 400kV gas insulated switchgear (GIS) sub-station in Samra, Jordan. The contract, which will be handled on a turnkey basis, includes six bays of 400kV GIS switchgear. Work starts immediately and the sub-station will be commissioned during July 2005. This contract means that the company will have supplied three out of the five NEPCO 400kV sub-stations, including both GIS units.
FW TO SUPPLY SCR SYSTEM In the USA, Foster Wheeler Ltd’s subsidiary Foster Wheeler North America Corp has been awarded a contract by American Electric Power to supply and install a selective catalytic reduction (SCR) system at its Muskingum River Generating Station. The SCR is destined for Unit 5, a 600MW supercritical boiler, powered by pulverized coal, which is located in Beverly, Ohio. The contract covers
engineering, materials supply, construction, commissioning and testing. The system is scheduled to start operating during the second quarter of 2005. The SCR system will greatly improve air quality by reducing emissions of smogproducing nitrogen oxides (NOx), says Foster Wheeler.
OIL & GAS BG ACQUIRES SÃO PAULO EXPLORATION BLOCK International natural gas business BG Group has signed a sale and purchase agreement with El Paso Corp for the acquisition of an exploration licence in the Santos Basin, 140 km offshore São Paulo, Brazil. The move will see BG obtaining 100% ownership and operatorship of block BM-S13 for a cash consideration of US$23.5 million, subject to Agência Nacional do Petróleo approval. BM-S-13 is in the gas prone area of the Santos Basin. Rick Waddell, BG Group managing director and executive vice president South America, said: “BG plans to explore for gas in BM-S-13 to supply the rapidly growing Brazilian market.” The company is already a partner in the Petrobras-operated BM-S-9, BM-S-10 and BM-S-11 deep-water exploration blocks in the Santos Basin. BG Group also owns 60.1% of Comgas, which is one of Brazil’s largest gas distribution companies.
CHEVRONTEXACO WINS NIGERIAN RIGHTS In West Africa, the Nigeria São Tomé and Príncipe
June 2004
Filtration Company Index Alfa Laval
7,10,12,13,15
Alfdex
10
BBA Filtration
10
BBA Group
10
Benrad
12
BHA Group Holdings BHEL Calgon Carbon Camfil Farr
11 10,11 6,14 15
Clarcor
15
Crane
15
Crown Andersen
15
Cummins
15
Cuno
MARKET PROSPECTS
1,14,15,16
Ceco Environmental
Degrémont Domnick Hunter Donaldson Dorr-Oliver Eimco Ecolochem Fedders
1,7,10,15 11 15 12,13,15 11 8 15
Flanders
15
GE
15
GE Energy GE Infrastructure
1,14 10
General Electric
10
GE Osmonics
10
GL&V Graver Technologies
11,12,15 13
H2O Innovation
15
Hydranautics
10
Hyflux
11,15
Ionics
8,15
Isis Innovation
13
ITT Industries
11,12,15
Kurita Water Industries
16
KX Industries
13
Larox
5
Mann+Hummel
12
McLeod Russel
15
Membrana Met-Pro MFRI
13 8,11,15 12,15
Millipore
15
Mykrolis
10,12,15
Netzsch
16
Outokumpu
5
Pall
12,15
Parker Hannifin
11,15
Peerless Mfg Pentair Polymerics Porvair Sartorius Snow Filtration
9,15 15 1 15 12,15 10
Spa-Quip
10
Whatman
13,15
WTC Industries
1
Zenon Environmental 9,10,11,13,15
2
POWER GENERATION ABB STRENGTHENS SUDAN’S POWER GRID Power and automation technology group ABB has signed a contract worth US$16 million for a power transmission project which will strengthen Sudan’s power grid. The company won the order from the main contractor Harbin Power Engineering Co Ltd of China. The Ministry of Irrigation and Water Resources Merowe Dam Project Implementation Unit of Sudan initiated the project. The Merowe hydroelectric power station, located about 400 km north of Khartoum, is connected to the national grid by 500kV, 220kV and 110kV overhead lines and associated sub-stations. ABB is responsible for designing, supplying and commissioning the complete secondary electrical system, on a turnkey basis, for seven new sub-stations.
EIB LENDS 80 MN TO ESTI ENERGIA The European Investment Bank (EIB) is providing a 80 million loan to finance the renovation and extension of electricity transmission and distribution facilities in Estonia, which will be undertaken by Eesti Energia AS over the next three years. The investment will, among others, help to reduce operational and maintenance costs, accommodate the expected growth in electricity demand within the residential sector and, in an international context, support the company’s
strategic objective of increasing its presence in the electricity markets in neighbouring countries. Sandor Liive, member of the board and chief financial officer of Eesti Energia, says that the loan will help it to secure the sustainability of investments in national grid and distribution network.
VA TECH WINS JORDANIAN CONTRACT VA TECH Transmission & Distribution, the Austrian supplier of high voltage transmission and distribution systems, has been awarded a new contract valued at 23 million by the National Electric Power Co (NEPCO) of Jordan. The company will supply and install a 400kV gas insulated switchgear (GIS) sub-station in Samra, Jordan. The contract, which will be handled on a turnkey basis, includes six bays of 400kV GIS switchgear. Work starts immediately and the sub-station will be commissioned during July 2005. This contract means that the company will have supplied three out of the five NEPCO 400kV sub-stations, including both GIS units.
FW TO SUPPLY SCR SYSTEM In the USA, Foster Wheeler Ltd’s subsidiary Foster Wheeler North America Corp has been awarded a contract by American Electric Power to supply and install a selective catalytic reduction (SCR) system at its Muskingum River Generating Station. The SCR is destined for Unit 5, a 600MW supercritical boiler, powered by pulverized coal, which is located in Beverly, Ohio. The contract covers
engineering, materials supply, construction, commissioning and testing. The system is scheduled to start operating during the second quarter of 2005. The SCR system will greatly improve air quality by reducing emissions of smogproducing nitrogen oxides (NOx), says Foster Wheeler.
OIL & GAS BG ACQUIRES SÃO PAULO EXPLORATION BLOCK International natural gas business BG Group has signed a sale and purchase agreement with El Paso Corp for the acquisition of an exploration licence in the Santos Basin, 140 km offshore São Paulo, Brazil. The move will see BG obtaining 100% ownership and operatorship of block BM-S13 for a cash consideration of US$23.5 million, subject to Agência Nacional do Petróleo approval. BM-S-13 is in the gas prone area of the Santos Basin. Rick Waddell, BG Group managing director and executive vice president South America, said: “BG plans to explore for gas in BM-S-13 to supply the rapidly growing Brazilian market.” The company is already a partner in the Petrobras-operated BM-S-9, BM-S-10 and BM-S-11 deep-water exploration blocks in the Santos Basin. BG Group also owns 60.1% of Comgas, which is one of Brazil’s largest gas distribution companies.
CHEVRONTEXACO WINS NIGERIAN RIGHTS In West Africa, the Nigeria São Tomé and Príncipe