Switzerland, Zurich: ABB has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).The order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV.
Switzerland, Zurich: ABB has won a $70 million order to supply SBB with the latest generation of traction converters.
Switzerland, Zurich: ABB announced at the UN Climate Summit in New York that it is joining the United Nations Environment Programme’s global action on improving appliance and equipment efficiency.
Switzerland, Zurich: ABB has introduced its latest-generation traction transformer, deployed on TER regional trains which are built by Alstom for SNCF.
Switzerland, Zurich: ABB has commissioned the converter stations to the 3,150 MW Rio Madeira HVDC link in Brazil which is at approximately 2,400 km, the longest transmission link in the world, according to ABB.
Switzerland, Zurich: ABB announced a $4 billion share buyback after ABB CEO Ulrich Spiesshofer said he seeks to boost shareholder returns.
Switzerland, Zurich: ABB announced it will provide process electrification at a new pulp mill (the world’s largest) to be built in South Sumatra, Indonesia.
Switzerland, Zurich: ABB reported that their quarterly earnings missed estimates due to charges at the Power Systems unit which brought down earnings.
Switzerland, Zurich: ABB has won a $ 110 million order from the Saudi Electricity Company (SEC) to construct substations that will help boost transmission capacity in the country’s western region.