BOCHUM, Germany and DOHA, Qatar, October 30 /PRNewswire/ --
- Cross reference: Picture is available at http://www.presseportal.de/pm/63467
GEA Batignolles Technologies Thermiques, a company of the Bochum-based GEA Group Aktiengesellschaft, opens a new manufacturing site in Qatar. At the Doha factory, some 60 employees produce Air Fin Coolers and Air Cooled Condensers for the oil, gas and petrochemical industry in the Middle East. Due to the water scarcity in the area, Air Cooling is the method of choice for many oil and gas processes. The new manufacturing site is set up to produce Air Fin Coolers according to highest international quality standards.
The trends towards the investment in downstream processes like refineries, GTL plants and advanced gas processing and petrochemical plants in the Middle East have created a sustainable market for Air Fin Coolers in this region. "By setting up our own manufacturing site here we move closer to the customers and can also satisfy their service needs more intensively", states Jean-Pierre Pasquereau, CEO of GEA Batignolles Technologies Thermiques, France.
"By adding this new plant to the global manufacturing network of GEA's Energy Technology Division, GEA further strengthens its leading position in the field of industrial Air Cooling" says Dr. Helmut Schmale, President of the Energy Technology Division.
GEA's Energy Technology SBU - part of the Process Engineering segment - is a pioneer and a global market leader in the field of industrial Air Cooling for power plants and petrochemical plants. Besides Qatar, GEA's Energy Technology Division also has operations at 15 further locations in Asia, Europe, the US and South Africa.
GEA Group Aktiengesellschaft is an international technology group that focuses on specialty mechanical engineering, especially process engineering and equipment. The company reported sales of EUR 4.3 billion in 2006 and employed some 19,000 people as at June 30, 2007. The GEA Group is one of the world's market and technology leaders in 90 percent of its businesses and is listed in Germany's MDAX index (G1A., WKN 660200).
GEA Group GEA Energy Technology GmbH Dirk Schlichting Tel. +49-(0)234-980-2760 Fax +49-(0)234-980-2752 http://www.gea-energytechnology.com
GEA Group, GEA Energy Technology GmbH, Dirk Schlichting, Tel. +49-(0)234-980-2760, Fax +49-(0)234-980-2752