General Electric : One of the World’s Largest Ammonia Plants Turns to GE to Modernize Production Assets and Increase Capacity

BADEN, SWITZERLAND-August 11, 2016-As Russian industries seek to modernize their existing production facilities to increase environmental and economic sustainability, GE's Power Services (NYSE: GE) business today announced it will provide OJSC TogliattiAzot (ToAZ) with parts to upgrade two GE industrial steam turbines at the company's ammonia production facility in the city of Togliatti. GE also will supply spare turbine parts for three additional compressor trains and will help ToAZ, one of the world's largest ammonia production facilities, reduce its operational costs by doubling the length of time between maintenance intervals.

'This large-scale modernization program for our ammonia production facility aims to increase the reliability and effectiveness of our equipment,' said Victor Kazachkov, chief operations officer of OJSC TogliattiAzot, the plant's managing company. 'Upgrading ToAZ's compression trains is a crucial step to help boost production capacity. As the original equipment supplier, GE is familiar with our operations and has the technology and domain expertise to provide a highly effective and reliable solution that can be implemented without affecting our existing workflow.'

The multiphase project seeks to modernize the plant's low pressure and high pressure of the GE industrial steam turbines that drive their corresponding low- and high-pressure syngas compressors in mechanical-drive mode. Based on the results of a field test and an engineering study, GE proposed a new configuration of the front standard of the low- and high-pressure steam turbines, which were previously manufactured by GE.

GE also proposed an update of the low-pressure steam turbine and replacing major components and the control system of the steam turbines to return the syngas compressors trains to 100 percent production capacity, increasing their reliability and long-term availability. The control system upgrade will further increase the turbines' operability and reliability.

'ToAZ's ammonia plant offers GE an excellent opportunity to showcase both the durability of our industrial steam turbines as well as our capabilities to provide parts and other life cycle services to increase the performance of these units,' said Pascal Schweitzer, general manager of GE's Power Services business in Europe and Russia. 'This is the biggest worldwide ammonia production facility where GE industrial steam turbines are used for synthetic gas compressors operations. With this project, ToAZ will boost production capacity while cutting down the operating costs.'

GE's parts will be shipped mostly from the United States during the third and fourth quarters of 2016, and the plan is for installation at the site during the fourth quarter of 2016.

The city of Togliatti (or Tolyatti) is located in Samara Oblast in the southwestern region of the Russian Federation.

About TogliattiAzot

TogliattiAzot is one of the largest producers of chemicals in Russia and is listed among the world's top 10 producers of ammonia. Its capacity allows production of over 3 million tons of ammonia and over 960 thousand tons of urea per annum. The company is among the top 200 Russian businesses based on its revenue. ToAZ products are supplied to over 120 countries on five continents. www.toaz.ru/eng/

About GE

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the 'GE Store,' through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world's largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

For more information, visit the company's website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

About GE's Power Services Business

GE's Power Services business, headquartered in Baden, Switzerland, delivers world-class solutions for our customers across total plant assets and their operational lifetimes. This organization supports 2,800+ customers worldwide with an installed base of 28,000+ power generation assets, which includes other OEMs, and taps into the Industrial Internet to improve the performance of our solutions over the entire life cycle through the power of software and big data analytics.

For more information, please visit powergen.gepower.com.