Imtech wins orders worth 82 million euro in Spanish industrial market

Tuesday, 25. November 2008 07:30
Gouda, the Netherlands - Imtech (technical services provider in
Europe) is one of the strongest players in the Spanish industrial
market. From the oil and gas and steel industries Imtech has recently
received medium-sized contracts totalling 82 million euro for
shutdowns, expansion, upgrading, maintenance and management. As in
other European countries, Imtech is increasingly becoming involved in
Spain in innovative initiatives in the market for alternative energy.

Besides providing a wide range of technical services in the buildings
market, Imtech is active in Spain with its core activities of
industrial assembly, industrial maintenance, industrial shutdowns,
and technical upgrading, renovation and industrial services. Imtech
is concentrating on the growing oil and gas industry. From ten
different sites in southern, central and northern Spain, Imtech
serves dozens of large and medium-sized clients. The primary focus is
on technical processes in mechanical engineering, but increasingly
Imtech is operating, entirely in conformity with its strategy, as
well in the field of electrical engineering and instrumentation, for
which it has established a competence centre.

Maintenance contract for Cepsa refineries in San Roque, Tenerife and
Huelva
Cepsa, the one of the largest Spanish oil and gas company, has
contracted Imtech to perform the entire industrial mechanical
maintenance at the Cepsa refineries in San Roque, Tenerife and Huelva
up to and including 2011. This contract is worth more than 20 million
euro.

Upgrading of Cepsa and Repsol refineries in Huelva, San Roque and La
Coruña
For a few months now Imtech has been working for Cepsa on the
complete mechanical technology for a large multi-year expansion of
production capacity at the Reformed Light Napthas (RLN) plant at the
Rábina refinery in Huelva. This will raise the annual output of the
refinery by 220,000 tonnes of benzene and 75 tonnes of hydrogen.
Imtech has also won a contract for the electrical engineering and
instrumentation of a part of this expansion. At the Cepsa refineries
in San Roque, Imtech is modernising a vacuum unit and carrying out a
complex shutdown of a high-tech cracking system as well as providing
various maintenance services. Imtech is also carrying out a shutdown
of a Fluid Cat Cracking plant (FCC plant) for the oil and gas company
Repsol refinery in La Coruña, including the reparation of the
furnace.

Alternative energy
Imtech is pursuing further enlargement of its industrial position and
is increasingly focusing on the alternative energy market. This
strategy is bearing fruit. For Abener, an energy producer that uses
solar panels to convert solar energy to electricity, Imtech is
upgrading the mechanical processes at the heart of a thermal solar
panel plant in San Lucar la Mayor near Seville. Also for Abener
Imtech is providing the mechanical erection services for a bio diesel
plant in San Roque. For Acciona, Imtech is expanding the thermal
solar cell factory La Risca Badajoz. For Isolux, in Castellón, Imtech
is developing the mechanical and electrical solutions of a new bio
diesel plant. For BP, also situated in Castellón, Imtech is providing
an innovative combined heat and power (CHP) plant.

Steel industry
Steel producer Acerinox has contracted Imtech to carry out a major
shutdown followed by a maintenance contract for the steel plant at
Algeciras in Andalusia. Various maintenance activities are also being
carried out for steel producer ArcelorMittal in Madrid.


More information

Media: Analysts & investors:
Pieter Koenders Jeroen Leenaers
Manager Corporate Communications Manager Investor Relations
T: +31 (0)6 5574 6585 T: +31 (0) 182 543 504
E: pieter.koenders@imtech.eu E:
www.imtech.eu jeroen.leenaers@imtech.eu
www.imtech.eu



Imtech profile
Imtech N.V. is a European technical services provider in the fields
of electrical engineering, ICT and mechanical engineering. With over
19,000 employees, Imtech achieves annual revenue of more than 3.3
billion euro. Imtech holds strong positions in the buildings,
industry and infrastructure/mobility markets in the Netherlands,
Belgium, Luxembourg, Germany, Eastern Europe, the UK, Ireland and
Spain and in the global marine market. In total Imtech serves 15,000
customers. Imtech offers added value in the form of integrated and
multidisciplinary total solutions that lead to better business
processes and more efficiency for customers and the customers they,
in their turn, serve. Imtech also offers solutions that contribute
towards a sustainable society, for example in the areas of energy,
the environment, water and mobility. Imtech shares are listed on the
Euronext Stock Exchange Amsterdam, where Imtech is included in the
Midkap Index. Imtech shares are also included in the Dow Jones STOXX
600 index.


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