GPIC Announces
First Application of ATI OmegaBond? Advanced
Tubing
Contact:
Dan L. Greenfield
(412) 394-3004
PITTSBURGH, Pennsylvania -- February 14, 2008
-- Allegheny Technologies Incorporated (NYSE:ATI) announced
today that it has reached an agreement with Gulf Petrochemical
Industries, Co. (GPIC) to supply ATI OmegaBond? advanced tubing for
GPIC?s fertilizer production complex in the Kingdom of Bahrain. GPIC
is the first company to adopt the OmegaBond? technology for a
full-scale plant application.
GPIC
produces urea, one of the most important nitrogenous fertilizers,
commonly used throughout the world for the production of food and
biofuels. Urea is stable, safe, and easy to transport.
GPIC
selected ATI?s new OmegaBond? advanced tubing for use in its urea
stripper. A stripper is a high temperature, high pressure vertical
falling-film heat exchanger. ATI Wah Chang developed an OmegaBond?
tube design using Zircadyne? 702 alloy and Titanium Grade 3 alloy
specifically for the stripper in Snamprogetti-licensed urea plants.
ATI Wah
Chang, an ATI company, will begin supplying OmegaBond? advanced
tubing to GPIC in early 2008. GPIC?s urea stripper is expected to be
in operation in the second half of 2009. GPIC chose OmegaBond?
advanced tubing because of its reduced operating costs (energy
savings), reduced down time, and extended equipment life.
OmegaBond? technology is a product platform that enables the
use of dissimilar metals in the same tube or pipe by use of advanced
materials joining technologies, such as extrusion bonding or inertia
welding. These joining technologies allow the optimization of
material properties where they are specifically needed in a process
component.
Snamprogetti, S.p.A., based in Milan, Italy, is a company of
Saipem. ATI Wah Chang and Snamprogetti are collaborating to
commercialize new materials solutions for Snamprogetti-licensed urea
plants. OmegaBond? products are designed to increase urea plant
efficiencies, reduce plant maintenance costs, improve plant
operating costs, and eliminate corrosion and erosion problems.
ATI Wah
Chang is a world leader in the manufacture of specialty metals
including titanium, zirconium, niobium, and hafnium alloys in a
variety of flat-rolled and long product forms. The company also
produces cast and engineered parts as well as specialty chemicals.
ATI Wah Chang provides customers in the chemical processing, nuclear
electrical energy, aerospace, and medical markets with the alloys,
technical assistance, and laboratory services necessary to support
current and future industry needs. For further information, go to www.WahChang.com.
Snamprogetti S.p.A. is a company of Saipem. Saipem, 43% owned
by Eni, is organised in three Business Units: Offshore, Onshore and
Drilling, with a strong bias towards oil & gas related
activities in remote areas and deepwater. Saipem is a leader in the
provision of engineering, procurement, project management and
construction services with distinctive capabilities in the design
and the execution of large scale offshore and onshore projects, and
technological competences such as gas monetisation and heavy oil
exploitation. The Saipem website is www.saipem.eni.it.
Gulf
Petrochemical Industries Company (GPIC) was established in December
1979 as a joint venture between GCC member states for the
manufacture of fertilisers and petrochemicals. The joint venture is
equally owned by the Government of the Kingdom of Bahrain, Saudi
Basic Industries Corporation, Kingdom of Saudi Arabia and
Petrochemical Industries Company, Kuwait. GPIC operates a
petrochemical complex comprising of single stream Ammonia &
Methanol Plants each of capacity 1200 MTPD and a single stream Urea
Plant (Granulation route) of design capacity 1700 MTPD with
associated utilities, off-site and material handling plants. The
Ammonia and Methanol Plants are in operation since 1985 while the
Urea Plant was commissioned in January 1998 and is in operation
since then. The company's activities include natural gas purchases,
employment and training of Bahraini nationals, utilisation of local
contractors, power consumption and other financial and commercial
operations which have injected around BD38 million (US$100 million)
annually into the national economy. The GPIC website is www.gpic.com.
Building the World's Best Specialty Metals Company?
Allegheny Technologies Incorporated (ATI) is one of the
largest and most diversified specialty metals producers in the world
with revenues of $5.5 billion during 2007. ATI has approximately
9,700 full-time employees world-wide who develop and apply
innovative technologies to provide global markets a wide range of
specialty metals solutions. Our major markets are aerospace and
defense, chemical process industry/oil and gas, electrical energy,
medical, automotive, food equipment and appliance, machine and
cutting tools, and construction and mining. Our products include
titanium and titanium alloys, nickel-based alloys and superalloys,
stainless and specialty alloys, zirconium, hafnium, and niobium,
tungsten materials, grain-oriented silicon electrical products, and
forgings and castings. The ATI website is www.AlleghenyTechnologies.com.
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