GEA receives orders from China for power plant coolers worth more than 100 MEUR
Düsseldorf, November 30, 2011 – GEA Group received 4 orders with a total value of more than Euro 105 million for the design and manufacturing of air cooled condensers from Chinese customers. All of these orders will be handled by the segment GEA Heat Exchangers.
“These new orders are the successful continuation of our already proven track record of resource saving Air Cooled Condensers for power plants in China”, says Jürg Oleas, CEO of GEA Group Aktiengesellschaft.
The GEA Condensers will be installed in new industrial power plants as well as in a power plant for the public power supply. One of the industrial power plants will have a capacity of 4 x 1100 MW. This power plant represents the world’s largest air cooled power plant blocks once it will be operational in 2015.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of process technology and components for the food and energy industries. As an international technology group, the Company focuses on sophisticated production processes. In 2010, GEA generated consolidated revenues in excess of EUR 4.4 billion, 70 percent of which came from the food and energy sectors, which are long-term growth industries. The group employed about 23,000 people worldwide as of September 30, 2011. GEA Group is a market and technology leader in its business areas. It is listed in Germany’s MDAX stock index (G1A, WKN 660 200).
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