Key Developments: ABB Ltd (ABBN.VX)

ABBN.VX on Virt-X Level 1

21.28CHF
1 Oct 2014
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Latest Key Developments (Source: Significant Developments)

ABB Ltd to build $216 million gas treatment plant in Tunisia
Tuesday, 30 Sep 2014 05:00am EDT 

ABB Ltd:Says has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project.Says order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV, and was booked in the third quarter.Says plant will have a design capacity of 2.7 million standard cubic meters per day, and is expected to start production by Oct. 2016.  Full Article

ABB Ltd says awarded $103 million order for iron mine in Brazil
Tuesday, 9 Sep 2014 04:30am EDT 

ABB Ltd:Says has won $103 million contract from Brazilian mining company Vale.Says order is to install electrical and automation systems at modern iron ore mine in Carajas mountains of northern Brazil as part of major capacity expansion.  Full Article

ABB Ltd wins $800 million order for Scotland's Caithness -Moray subsea power link
Tuesday, 9 Sep 2014 04:00am EDT 

ABB Ltd:Says has won order worth over $800 million from Scottish Hydro Electric (SHE) Transmission plc.Says order to provide Caithness -Moray high-voltage direct current (HVDC) power transmission link, which to connect electricity grid on either side of Moray Firth in northern Scotland.  Full Article

ABB Ltd and China’s BYD form global alliance in energy storage solutions
Thursday, 4 Sep 2014 08:00pm EDT 

ABB Ltd:Announces with BYD Co., Ltd., strategic collaboration to jointly develop new solutions for energy storage building on their complementary strengths.Says scope of collaboration focuses on following applications: grid-connected energy storage, micro-grid applications, solar energy and marine applications.  Full Article

ABB Ltd partners with Salesforce.com
Wednesday, 3 Sep 2014 11:01am EDT 

ABB Ltd:Says has signed global agreement with Salesforce.com for sales and cloud-based services, offering more flexibility and real-time exchange of information in order to drive sales performance.  Full Article

ABB signs partnership deal with Volvo on automatic e-bus chargers
Monday, 21 Jul 2014 05:00am EDT 

Volvo AB:Says Volvo Buses and ABB have signed a partnership agreement regarding automatic e-bus chargers for electric-hybrid and full-electric Volvo buses.Says ABB will supply standard-based fast-charging solutions for the electric vehicles.No financial details.  Full Article

ABB Ltd receives $400 mln order for Maritime Link power project in Canada
Wednesday, 9 Jul 2014 08:00am EDT 

ABB Ltd:Receives an order of about $400 mln from NSP Maritime Link Inc., a subsidiary of Emera Inc.To supply a high-voltage direct current (HVDC) power transmission solution creating the first electricity link between the island of Newfoundland and the North American power grid.Order was booked in the second quarter of 2014.  Full Article

ABB wins power order worth $78 million in Saudi Arabia
Tuesday, 1 Jul 2014 08:00pm EDT 

ABB Ltd:Says has won an order worth $78 million from Saudi Electricity Company (SEC).Says will supply transformers for two new combined-cycle power plants that will boost transmission capacity around the capital, Riyadh, and surrounding areas of the Central Region.  Full Article

ABB to divest Meyer Steel Structures business of Thomas & Betts for $600 mln to Trinity Industries Inc
Thursday, 26 Jun 2014 08:00pm EDT 

ABB Ltd:To divest the Meyer Steel Structures business of Thomas & Betts for $600 million to Trinity Industries Inc.The all-cash transaction is expected to close in Q3, subject to regulatory clearance.Says is divesting the steel structures business of Thomas & Betts due to limited synergies with its core portfolio.Meyer Steel Structures serves North American utilities with engineered steel mono pole structures for power transmission & distribution.  Full Article

ABB signs SEK 20 mln deal with Volvo Trucks
Tuesday, 24 Jun 2014 08:00am EDT 

ABB Ltd:Signs service agreement with Volvo Trucks in Umea.Says will be responsible for about 300 robots used for production of truck cabs.Contract value about 20 million Swedish crowns over three years.  Full Article

ABB wins $216 mln contract for gas treatment plant in Tunisia

ZURICH, Sept 30 - Swiss engineering group ABB said on Tuesday it had been awarded a $216 million contract to build a gas treatment plant for the South Tunisian Gas Project.

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