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| November 17, 2004 No.1030 | ||
| China Places 2 Orders for Flue Gas Desulfurization Systems -- 9th, 10th Orders to MHI -- |
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| Tokyo, November 17, 2004 -- Mitsubishi Heavy Industries, Ltd. (MHI), has successively received two orders from China for large-scale desulfurization (FGD) systems. The two orders, each involving two FGD systems, were placed by China Power Investment Corporation Yuanda Environmental Protection Engineering Co., Ltd. (CPI Yuanda) and SINOFINN Electric Engineering Corp. (SINOFINN). The deliveries are slated for October and September 2006, respectively. With these two orders, the total number of orders received by MHI from China reaches 10, including four this year alone, making the company the top supplier to China among Japanese FGD producers. For both orders, MHI will provide basic design package, supply the absorber internals as key components of the system, and dispatch technical supervisor to the construction site. | ||||||
In the DCFS system, limewater, a liquid absorbent slurry, is evenly distributed throughout the absorber from spray nozzles installed at the bottom, in contrast to conventional systems in which slurry is sprayed from the top. As a result the slurry contacts with the flue gas twice, first when sprayed upward and second upon its descent. In addition to ensuring outstanding desulfurization efficiency, DCFS facilitates user convenience through its simpler configuration permitting easy maintenance. The high evaluation accorded to DCFS technology, and to MHI's proven record in FGD operation in Japan and globally, resulted in the award of the two new contracts. The order for the Xinxiang plant is the third collaboration project with CPI Yuanda through license agreement for Mitsubishi FGD system concluded in December 2000. MHI concluded a similar agreement with SINOFINN in February of this year, and the new order represents its first outcome. In tandem with its remarkable economic growth, today China is either newly constructing or expanding its power generation facilities. Although currently approximately 70% of all electricity is generated by coal-fired power plants, the country is moving toward enforcement of stricter environmental protection regulations. Going forward, FGD units for removing SO2 from flue gas will be required at all newly built power plants, including those in inland areas that have until now been exempted from such regulations. In line with this move, China's demand for FGD systems is increasing significantly. In recognition of this trend and on the strength of the latest orders, MHI, together with its local partner companies, aims to continue aggressive development of China's FGD market.. # # #
About Mitsubishi Heavy Industries Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,373 billion yen in fiscal 2003 (year ended March 31, 2004). MHI's diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, steel plants, environmental equipment, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website (http://www.mhi.co.jp). PRESS CONTACT: Hideo Ikuno: h.ikuno@daiya-pr.co.jp Tel: +813-6716-5277, Fax: +813-6716-5929 Daiya PR (in charge of public relations for Mitsubishi Heavy Industries, Ltd.) |
