GERMANY: AUSTRIANS BUY KERAMCHEMIE ARM

Article Abstract:

German Keramchemie GmbH has sold its process technology division to the Austrian environment technology and plant engineering company S.A.D. Together with the Keramchemie division, S.A.D. expects to generate a turnover of EUR 100mn in 2001. The company is to go public in the next 18 months.

Asset sales & divestitures, Austria, Other Commercial and Service Industry Machinery Manufacturing, Blowers and fans, Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing, Measuring & controlling devices, not elsewhere classified, Other Measuring and Controlling Device Manufacturing, Measure & Control Eqp NEC, Service industry machinery, not elsewhere classified, Blowers & Air Purity Equip, Sewage Purification Equip, Measuring instruments, Air purifiers, Blowers, Sewage treatment equipment, Keramchemie GmbH, S.A.D., SAD Ltd.

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GERMANY: VA TECH TMS WINS DAIMLERCHRYSLER JOB

Article Abstract:

DaimlerChrysler has placed a contract with Austrian VA Tech Transport- und Montagesysteme (VA Tech TMS) for the delivery of a car body construction unit. The facility will be used for the construction of the entire platform underbody of a new Mercedes-Benz model. The contract is worth EUR 66mn.

Motor vehicles and car bodies, New capacity, new plant construction, Automobiles, Automobile Manufacturing, DaimlerChrysler AG, Daimler-Benz AG

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CHINA: VAI WINS TAIYUN IRON & STEEL CONTRACT

Article Abstract:

Taiyun Iron & Steel Company Ltd has placed a contract with VAI UK for the modernisation of a hot-rolling mill in Shanxi province. The EUR 33mn contract includes the delivery of key equipment. VAI UK is a subsidiary of Austrian Linz-based Voest-Alpine Industrieanlagenbau (VAI).

China

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