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SPX Reaffirms Commitment to South African Energy Sector

Posted on: Friday, 14 March 2008, 06:00 CDT

Specialized engineering solutions provider SPX Corporation's CEO, Christopher Kearney, has reaffirmed the company's commitment to continued growth and expansion in South Africa, highlighting the role SPX expects to play in helping meet the country's growing energy infrastructure needs.

In December 2007, SPX's thermal equipment and services affiliate was awarded a $235 million contract from Hitachi Power Africa, a subsidiary of Hitachi Power Europe, to provide critical products for South Africa's new Medupi power station.

Under the terms of the contract, SPX will supply Balcke-Durr branded pulse jet fabric filters and air pre-heaters, which are designed to help reduce emissions and enhance the productivity and efficiency of the Medupi plant. SPX will also provide pressure parts for six 800MW boilers.

SPX's subsidiaries in South Africa include SPX Cooling Technologies, DB Thermal and Balcke-Durr. These business units supply cooling towers and thermal components for power plants and reportedly serve as a major provider of services for existing power plants in South Africa, including upgrades of national electricity utility Eskom's fleet of existing power plants.

Source: Datamonitor

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