Suez wins major contracts during first-half 2005
Deals include providing industrial customers with steam, compressed air, and industrial process water; two desalination plants; and seven build/operate contracts in Africa, including the largest wastewater treatment plant in Morocco...
PARIS, August 2, 2005 (PRNewswire-FirstCall) -- Suez won major international and domestic (French and Belgian) contracts from industrial and municipalities during the first six months of 2005.
The deals involved every company business line, including:
Suez Energy Services --
* Elyo has won four utilities supply contracts (providing industrial customers with steam, compressed air, and industrial process water) generating revenues totaling more than EUR 650 million. The contracts were signed with:
-- Bergerac NC, an SNPE Group subsidiary, generating EUR 90 million in total revenues over a 13-year period;
-- Norske Skog Golbey (Vosges), for cumulative revenues of EUR 122 million over 15 years;
-- International Paper for its Saillat-sur-Vienne plant, total revenues of EUR 300 million over 15 years;
-- Goodyear Dunlop Tires France for two sites at Amiens in northern France, cumulative revenues of EUR 144 million over 12 years.
-- Fabricom GTI has won a major contract for the delivery of 30 modules - pre-assembled pipe racks - to the Ormen Lange onshore natural gas plant located on the island Gossen in mid-west Norway. Valued at an estimated EUR 53 million, the contract is one of the most important module construction contracts awarded to the Fabricom GTI Major Projects Business Unit during the past three years.
* Elyo subsidiary Districlima won a call for tenders to design, build, operate and maintain heating and air conditioning production and distribution facilities for Barcelona's Poble Nou district. This 27-year concession will generate revenues of EUR 216 million.
Suez Environment --
* Degremont has won two reverse osmosis sea water desalination plant contracts from:
-- Minera Escondida Limitada, Chile's second largest producer and exporter of copper, to supply the Antofagasta copper mine. The contract is for the USD 28 million design and construction of a reverse osmosis sea water desalination plant .
-- Western Australia Water Corporation has chosen Degremont to design, build and operate Perth's first sea water desalination plant using reverse osmosis technology. The 25-year contract represents total revenues of over EUR 385 million.
* Since the start of the year, Degremont has signed seven build and operate contracts on the African continent for total revenues of more than EUR 100 million. The first contract is for the construction and operation of the largest wastewater treatment plant in Morocco, at Marrakech, which will process waste water for the equivalent of over one million persons. The six others are for drinking water production plants in Algeria, en Tanzania, Congo and Nigeria.
Suez (www.suez.com), an international industrial and services group, designs sustainable and innovative solutions in the management of public utilities as a partner of public authorities, businesses and individuals. The group aims to answer essential needs in electricity, natural gas, energy services, water and waste management. The company employs 160,700 people worldwide and achieved revenues of EUR 40.7 billion [US$49.6 billion] in 2004, 89% of which were generated in Europe and in North America.
[US$1 = EUR 0.82]