Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  ABB Ltd    ABB   CH0012221716

ABB LTD (ABB)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

ABB Wins $60 Million Order To Build Power Station In Iraq

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/08/2012 | 12:08pm CET

Power and technology group ABB Ltd (ABBN.VX) Thursday said it has won a $60 million order from Shell Gas Iraq BV to build a new power plant in southern Iraq.

MAIN FACTS:

- The power plant will be operated by the Basrah Gas Company, a joint venture company to be set up as part of the Iraq, South Gas Project.

- The project includes the rehabilitation of the existing facilities and addition of new facilities.

- "This project will ensure a stable and reliable power supply to support existing and future infrastructure," said Veli-Matti Reinikkala, head of ABB's Process Automation division.

- "ABB's capability to fully execute all aspects of this complex project will help provide the Basrah Gas Company with the electricity it needs to successfully power its complete production process," Reinikkala added.

- The Khor Al Zubair project is part of an EPC (engineering, procurement and construction) contract to build a power plant with a total capacity of 50 megawatt (>> The Men's Wearhouse, Inc.), which will feed electricity to the facilities of the Basrah Gas Company.

- ABB will be responsible for the overall project management, engineering, procurement, construction, supervision, commissioning and start-up services, as well as performance.

- The plant is scheduled for completion in the third quarter of 2013.

- ABB's will supply process control systems, fire and gas, and emergency shutdown systems, power management systems, step-up and distribution transformers, medium- and low-voltage power equipment, and site utilities such as the diesel generator, flare control and compressed air system.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; [email protected]

Stocks mentioned in the article : The Men's Wearhouse, Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ABB LTD
12/12 ABB : pioneers microgrid solution for installation on offshore platform
12/07 ABB : helps Toronto railway cut emissions to zero
12/07 ABB : achieves breakthrough with world’s most powerful HVDC transformer
12/07 ABB : achieves breakthrough with world's most powerful HVDC transformer
12/06 ABB : Ekip UP helps fashion supplier introduce smarter power
12/05 ABB : innovative flash-charging technology goes live
12/05 ABB : innovative flash-charging technology goes live
12/05 ABB : launches TruONETM, the world’s first true ATS for critical power
12/04 ABB : named global leader in SCADA systems for the power sector
12/01 ABB : central inverters power the first grid connected photovoltaic (PV) power p..
More news
Financials ($)
Sales 2017 34 520 M
EBIT 2017 3 941 M
Net income 2017 2 437 M
Debt 2017 2 781 M
Yield 2017 3,01%
P/E ratio 2017 22,40
P/E ratio 2018 19,81
EV / Sales 2017 1,71x
EV / Sales 2018 1,61x
Capitalization 56 385 M
Chart ABB LTD
Duration : Period :
ABB Ltd Technical Analysis Chart | ABB | CH0012221716 | 4-Traders
Technical analysis trends ABB LTD
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
 
Mean consensus HOLD
Number of Analysts 25
Average target price 25,8 $
Spread / Average Target -0,71%
EPS Revisions
Managers
NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Timo J. Ihamuotila Chief Financial Officer
Andy Tidd Head-Information Systems
Bazmi Rizwan Husain Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ABB LTD15.22%56 235
ABB LTD20.67%56 235
SHANGHAI ELECTRIC GROUP COMPANY LIMITED-18.29%13 565
ALSTOM30.89%8 913
ABB INDIA LTD31.41%4 515
CHINA XD ELECTRIC CO., LTD.-21.68%3 461