Dürr subsidiary signs major contract in the presence of German Chancellor Schroeder in China

12/06/2004

Representing the Chinese Dürr company Schenck (Tianjin) Mineral Systems Co. Ltd., Schenck board member Dr. Jochen Weyrauch signed a contract today in Beijing (China) - in the presence of German Chancellor Gerhard Schroeder and Chinese Premier Wen Jiabao - with one of China's largest coal suppliers, Jincheng Anthracite Mining Group Co., Ltd. The Jincheng Mining Group has commissioned Dürr to supply a turnkey coal washing plant and two Schenck in-motion train loading systems for washed coal worth altogether about EUR 17 million. The plants are to go into operation in a mining works in the Zhouzhuang region of southern China in July 2005.

"This strategically important contract is the largest in the history of Schenck Mineral Systems," says Stephan Rojahn, CEO of Dürr AG. "It establishes us as one of the top suppliers to the mining industry worldwide." Chancellor Schroeder, who attended the contract signing in the Great Hall of the People in the framework of his visit to China this year, acknowledged Dürr's involvement in this growth market as an important contribution to expanding economic relations between Germany and China.

"This strategically important contract is the largest in the history of Schenck Mineral Systems," says Stephan Rojahn, CEO of Dürr AG. "It establishes us as one of the top suppliers to the mining industry worldwide." Chancellor Schroeder, who attended the contract signing in the Great Hall of the People in the framework of his visit to China this year, acknowledged Dürr's involvement in this growth market as an important contribution to expanding economic relations between Germany and China.

The coal washing plant at the Zhouzhuang mining works will remove impurities and sulfur from about ten million tons of raw coal annually. Washed coal emits less pollution when burned and is thus more environmentally sound. That is of great importance particularly in view of severe air pollution in China due to sulfur dioxide emissions.

Founded at the end of 2002, Schenck (Tianjin) Mineral Systems Co. Ltd. operates in China with about 300 employees in the growing market of raw material processing and energy production. The company belongs to the Measuring Systems business unit of the Dürr Group. Dürr is one of the world's leading providers of production systems and manufacturing support services for the automotive industry. In 2003, Dürr achieved sales of about EUR 2.3 billion with about 12,750 employees.