Order from Vietnam: Siemens to Supply Equipment for New Bar Mill of the Thep Viet Steel Corporation

Linz/Austria, (PresseBox) - Siemens Metals Technologies has received an order from Thep Viet Steel Co. Ltd. of Vietnam to equip a new bar mill at the company's Ba Ria facility. The project includes supply of the mechanical components as well as the electrical and automation systems. The volume of the order is in the two-digit million euro range. The new bar mill is scheduled to start production in the middle of 2009.

The Thep Viet Steel Corporation is a leading producer of structural steel in Vietnam. At the moment, the company is building a new bar mill in Ba Ria-Vung Tau province in the south-east part of the country. The new plant will have an annual capacity of 450,000 metric tons. The rolling mill is part of an expansion project, the aim of which is to reduce Vietnam's dependence on imported steel products.

For the new plant, Siemens is supplying the mechanical equipment. This includes a re-heating furnace for the steel billets, 19 rolling stands, a 78 meter-long cooling section as well as cutting and handling machines. The electrical equipment as well as the basic and process automation systems are also part of the scope of supply. Apart from this, Siemens is providing consulting services for construction and commissioning of the new plant.

One of the main reasons why the contract was awarded to Siemens was the good experience Thep Viet Steel had had with a bar and wire rod mill which belongs to its subsidiary, Pomina Steel Co. Ltd., in Binh Duong province, and was also equipped by Siemens Metals Technologies.

Further information on solutions for steelworks, rolling mills and processing lines at: http://www.siemens.com/metals The Siemens Industry Sector is the world's leading suppler of production, transportation and building systems. Integrated hardware and software technologies combined with industry-specific solutions enable Siemens to enhance the productivity and efficiency of its customers in industry and infrastructure. The Sector comprises six Divisions: Building Technologies, Industry Automation, Industry Solutions, Mobility, Drive Technologies and Osram. In fiscal 2007 (ended September 30), Siemens Industry generated sales of around 40 billion (unconsolidated) with approximately 209,000 employees worldwide. http://www.siemens.com/industry

With the business activities of Siemens VAI Metal Technologies, Linz/Austria, Siemens Water Technologies, Warrendale, Pa./U.S.A. and Industry Technologies, Erlangen/Germany, the Siemens Divison Industry Solutions (IS) is one of the world's leading solution and service providers for industrial and infrastructure facilities. Using its own products, systems and process technologies, IS develops and builds plants for end customers, commissions them and provides support during their entire life cycle.

Further information and downloads at: http://www.industry.siemens.com 2

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