Salzgitter AG

EANS-News: Salzgitter AG: EUROPIPE extends successful reach to Australia The Mülheim-based large-diameter pipe manufacturer is the main supplier for the Ichthys LNG Project

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.

Salzgitter (euro adhoc) - EUROPIPE GmbH, a joint venture of Salzgitter
Mannesmann GmbH and Aktien-Gesellschaft der Dillinger Hüttenwerke, has
successfully extended its reach to Australia and will again be delivering the
main part (410 kt; the equivalent to 60%) of a major offshore project. The
Ichthys LNG Project (liquefied natural gas) is to transport natural gas from the
Ichthys Field to Darwin via an 889 km subsea pipeline. The gas will be liquefied
in one of the world´s largest LNG facil-ities and shipped mainly to Japan.

The project stands not only for sustainable economic benefits in Australia but
also for a long-term, stable supply of cleaner energy which is to help Japan
diversify its energy sources.

The production will run from April 2012 until February 2013 in the EUROPIPE
Group´s large-diameter pipe mill located in Mülheim an der Ruhr, Germany. The
order secures a significant part of the mill´s production capacity during this

For more information, please see the website of EUROPIPE (

Some of the statements made in this report possess the character of forecasts or
may be interpreted as such. They are made to the best of knowledge and belief,
and by their nature are subject to the proviso that no unforeseeable
deterioration occurs in the economy or in the specific market conditions
pertaining to the companies of the various divisions, but rather that the
underlying bases of plans and outlooks prove to be accurate as expected in terms
of their scope and timing. The company undertakes no obligation to update any
forward-looking statements.

Further inquiry note:
Markus Heidler
+49 (0) 5341/21-6105

end of announcement                               euro adhoc 

company:     Salzgitter AG
             Eisenhüttenstraße 99
             D-38239 Salzgitter
phone:       +49 (0) 5341-21-3783
sector:      Iron & Steel
ISIN:        DE0006202005
indexes:     Midcap Market Index, MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: Salzgitter AG

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