Outokumpu Oyj
Outokumpu supplies 12 250 tonnes of tailor-made stainless steel for Stolt chemical tankers
Outokumpu Oyj 10.06.2013 10:00 --------------------------------------------------------------------------- OUTOKUMPU OYJ PRESS RELEASE June 10, 2013 at 11.00 am EET Outokumpu has won a contract to supply tailor-made advanced materials for chemical tankers. Outokumpu will supply 12 250 tonnes of duplex 2205(R) stainless steel to a Chinese shipyard for five chemical tankers ordered by Stolt Tankers. Stolt Tankers operates one of the world's largest and most sophisticated fleet of chemicals tankers. The contract also includes an option for additional three vessels. Once completed, these tankers will be used to transport various liquid chemicals throughout the world. The use of duplex grade in cargo tanks enables reduced weight, excellent corrosion resistance and high strength, all necessary in transporting chemicals in a safe and efficient way. Outokumpu will supply large-sized plates in tailor-made dimensions. The delivery also includes further added value services such as edge preparation, forming and welding to larger assembly sections. 'Together with Outokumpu's technical support and training program for the customer, this contract forms a unique scope of supply within the stainless steel industry. It gives the customer an optimal solution to reduce lead times as well as guarantee the quality with a single point of contact. Our extensive experience and quality reputation with the shipping industry were decisive factors for us to win this deal,' says Leif RosÃ(c)n, Senior Vice President, Special Plate. The deliveries will start in early 2014 and continue throughout 2015. For more information: Saara Tahvanainen, tel. +358 9 421 3265, mob. + 358 40 589 0223 Outokumpu Group Outokumpu is the global leader in stainless steel and high performance alloys. We create advanced materials that are efficient, long lasting and recyclable - thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 16 000 professionals in more than 40 countries, with headquarters in Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com News Source: NASDAQ OMX 10.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Outokumpu Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0009012454 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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