GEA Group AG

Regulatory Filings • Sep 15, 2009

News Details

Media | 15 September 2009 11:50

GEA Group Aktiengesellschaft: GEA supplies environmentally friendly cooling systems worth EUR 46m to China

GEA Group Aktiengesellschaft / Environment

15.09.2009

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Bochum/Beijing, September 15, 2009 - GEA Group Aktiengesellschaft received
in its Energy and Farm Technology Segment orders worth EUR 46 million for
efficient power plant cooling equipment from China. The orders consist of
an Alex Air Cooled Condenser for the 2 x 660 MW coal fired power plant
Chongxin and a Heller(R) cooling system for the coal fired power plant
Shuidonggou, which has an equal energy output.

Both systems represent an environmentally friendly and resource saving way
of power plant cooling as no water is consumed in the cooling cycle of the
power plant and no heated cooling water is discharged to the environment.
Additionally the innovative Heller(R) system of GEA provides further energy
saving potential, as the advantages of a dry cooling system are combined
with the use of natural draft cooling tower that does not need external
energy to create air circulation across its heat exchangers, whereas air
cooled condensers allow for a compact power station arrangement with
cooling equipment that has a low height.

'After the recent completion and successful start up of the Yangcheng 2 x
600 MW Heller(R) system, this new order represents already the fourth power
plant in China that will be equipped with this efficient technology of GEA,
following purchase orders received within the last 24 months', says Jürg
Oleas, CEO of GEA Group Aktiengesellschaft, who is also responsible for
GEA's Energy and Farm Technology Segment. 'Due to the water scarcity in the
power producing regions of the country in combination with China's need for
energy efficient power production, the use of the most advanced systems is
a key issue to the Chinese power industry. This new order underlines this
development in the market.'

GEA Group Aktiengesellschaft is one of the largest pure mechanical
engineering groups in Germany. As an internationally operating technology
group, it concentrates on specialty mechanical engineering with a focus on
process technology and components. Group revenue amounted to EUR 5.2
billion in fiscal year 2008. The Group generated about 50 percent of its
revenue from the long-term growing food and beverage industries. As of June
30, 2009, a workforce of over 20,000 employees served customers in 50
countries. GEA Group is a market and technology leader in 90 percent of its
business areas. GEA Group is listed in the MDAX index (G1A, WKN 660200).

15.09.2009 Financial News transmitted by DGAP

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Language: English
Company: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Internet: www.geagroup.com

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