2011 Press Releases-10

Yokogawa Electric Corporation announces that it has been selected by ANDRITZ as a global partner for the provision of process control systems, field instruments, and process analyzers for their customers’ metal and pulp & paper plants. The objective of this agreement shall be to standardize the terms and conditions of contracts and promote greater efficiency in the global purchase and supply of products, systems, and services.

Curd Ornig, Head of Category Management of ANDRITZ GROUP’s Global Procurement organization, commented as follows about this agreement; “The ANDRITZ PULP & PAPER business area is a leading global supplier of turnkey systems and services for the production of all types of pulp, paper, tissue paper, board, fiber-board (MDF), nonwovens, as well as of biomass boilers and gasifiers for energy production. ANDRITZ METALS is one of the leading global suppliers of complete lines for the production and further processing of cold-rolled carbon steel, stainless steel, and non-ferrous metal strip. ANDRITZ values its relationship with Yokogawa and believes that working collaboratively to meet our creative endeavors will continue to deliver value for both companies.”

Dr. Tony Lee, Vice President, Yokogawa Electric Corporation, said, "We have become a global partner of ANDRITZ by demonstrating the strength of our products, their reliability, and our global support capability. We look forward to strengthening our corporate relationship with ANDRITZ by delivering cutting-edge solutions from both our companies to end-users.”