Konecranes wins order for 19 industrial cranes from Ma’aden Rolling Company in Saudi Arabia

Corporate press releases

Konecranes will supply 19 industrial cranes to Saudi Arabian Ma’aden Rolling Company’s rolling mill in the new industrial zone of Raz Az Zawr north of Jubail. The order was received during the first quarter 2011. Delivery of the cranes will start in September 2011 and will be completed in March 2012. The parties have agreed not to disclose the value of the order.

The Ma’aden Rolling Company is a joint venture owned 74.9 percent by Saudi Arabian mining company Ma’aden and 25.1 percent by Alcoa. The company is building the Middle East’s first fully integrated aluminum smelter and food-grade can-sheet rolling mill in Saudi Arabia. The rolling mill is part of a world-class refinery, smelter and rolling mill complex. First production from the mill is anticipated in 2013.

Four of the cranes, two for ingot handling and two for coil handling, are fully automated. Their automation capability will interface with the Manufacturing Execution System (MES) automation that controls the plant. The order also includes two fork-type stacker cranes, a 35-ton molten metal reclamation crane, and 12 of Konecranes’ newest-generation SMARTON® cranes featuring PLCs (Programmable Logic Controls) as standard equipment. The SMARTON incorporates an impressive array of smart crane features designed to improve safety, reduce energy consumption by up to 30 percent and prevent damage to high-value goods and production equipment.

Both the ingot-handling cranes and the coil-handling cranes must be able to communicate with all of the other automated machineries throughout the plant to complete the rolling process, in which the original ingot becomes a coil just one tenth of an inch thick.

The cranes range in capacity from 20 to 120 metric tons.

Further information:
Press
Jaakko Koppinen, Vice President, Industrial cranes
E-mail: [email protected] or phone +358 20 427 2570

Investors and Analysts:
Miikka Kinnunen, Director, Investor Relations
E-mail: [email protected] or phone +358 20 427 2050

This press release and a downloadable photo are available at our website www.konecranes.com.

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2010, Group sales totaled EUR 1,546 million. The Group has 10,000 employees, at 578 locations in 46 countries. Konecranes is listed on NASDAQ OMX Helsinki (symbol: KCR1V).