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
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 CEST

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
10/19 ABB : wins $130 million power order in the UK
10/18 ABB : to provide critical elastic infrastructure solutions for Serverius data ce..
10/10 ABB : to supply Societé de Transport de Laval with 450 kW heavy vehicle fast cha..
10/09 ACCIONA : ABB delivers solar solutions in the Atacama Desert
10/09 ABB : showcases range of EV charging solutions
10/07 ABB : HR professional talks manufacturing recruitment
10/04 ABB : delivers solar solutions in the Atacama Desert
10/04 ABB : expands Indonesia footprint with high-voltage switchgear unit
10/03 ABB : powers e-mobility with launch of first 150-350 kW high power charger
09/27 ABB : wins record order in Turkey for InLine II fuse switch disconnector technol..
More news
Financials ($)
Sales 2017 34 198 M
EBIT 2017 3 906 M
Net income 2017 2 425 M
Debt 2017 2 255 M
Yield 2017 3,08%
P/E ratio 2017 22,02
P/E ratio 2018 19,43
EV / Sales 2017 1,69x
EV / Sales 2018 1,60x
Capitalization 55 509 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 24
Average target price 24,3 $
Spread / Average Target -4,2%
EPS Revisions
Managers
NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Timo Ihamuotila Chief Financial Officer
Andy Tidd Head-Information Systems
Bazmi Rizwan Husain Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ABB LTD6.05%55 509
ABB LTD13.97%55 509
SHANGHAI ELECTRIC GROUP COMPANY LIMITED-4.99%14 143
ALSTOM34.42%9 189
ABB INDIA LTD28.34%4 367
CHINA XD ELECTRIC CO., LTD.-1.79%4 144