AEG-POWER-SOLUTIONS

AEG Power Solutions (FWB:3W9), a global provider of power electronics systems and solutions for industrial power supplies and renewable energy applications announced today that it has commissioned the first in a large series of AC and DC UPS systems as part of the world-class Sadara Chemical Company (Sadara) complex. AEG has supplied over 145 complete AC systems and 114 complete DC systems to this exciting project, providing power security to the whole site.

In 2010, AEG Power Solutions had been selected as sole supplier of back-up AC & DC uninterruptible power supply (UPS) systems and batteries for the Sadara Project, the world’s largest integrated chemical facility.

Sadara Project is the world’s largest integrated chemical facility ever built in a single phase. Now under construction in Jubail Industrial City II, on Saudi Arabia’s Arabian Gulf coast, Sadara is a joint-venture between Saudi Arabian Oil Company and The Dow Chemical Company that will include 26 integrated manufacturing plants. AEG Power Solutions is helping to ensure an efficient, reliable and easily manageable back-up power solution for all of the project’s production units.

Working closely with Sadara and supported by its Project Management Contractor (KBR Inc.) first through the AEG UK organization and later at the company’s home office in Houston, Texas, AEG Power Solutions specialists responded to Sadara’s specifications with a set of standardized solutions for all back-up power systems. These adhere to a blend of US, European and Sadara specific requirements. For example, while the requirement is for 208/120V 60 Hz AC power, Sadara also calls for low power UPS with 125V DC batteries OpzS-type including battery rack on stainless steel drip pans, bypass transformers, AC and DC isolation devices, top side cable entry and other customer adaptations.

Adapted to the project specifications, the modular architecture of Protect 8 UPS line enables AEG Power Solutions to rapidly customize each Protect 8 UPS to the unique requirements of each application within the Sadara project. “It’s a customizable back-up power solution, so that each EPC can create their own solution, using the same basic Protect 8 building blocks,” said Gert Buist AEG Power Solutions VP & General Manager Industrial Power Solutions. “We designed our products to meet the end client’s specifications and in mutual agreement made adjustments to achieve a high degree of standardization. That was key to winning the project.”

To enable the first Sadara production units to come on line as scheduled during the second half of 2015, AEG Power Solutions began commissioning its first power back-up systems during the final quarter of 2013 and continue now in 2014. In order to support its partners AEG Power Solutions will establish a permanent site in Dammam, which is about 100 km to the southeast of Jubail Industrial City II. Once complete, in 2016, the Sadara chemical complex is expected to produce over three million metric tons of high value-added chemical products and performance plastics annually.

About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial and demanding commercial power requirements offering one of the most comprehensive product and service portfolios in the area of uninterruptible power supply and power management.
Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for next generation distributed power generation.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A0Q5SX / ISINLU0953526265), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).
For more information, visit www.aegps.com .

About Sadara:
Sadara is a joint venture between the Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. With a total investment of about $20 billion, Sadara is building a world scale chemical complex in Jubail Industrial City II in Saudi Arabia’s Eastern Province. Comprised of 26 world scale manufacturing units, the Sadara complex is the world’s largest to be built in a single phase and will be the first in the Middle East to use refinery liquids, such as naphtha, as feedstock. By using best-in-class technologies to crack refinery liquid feedstock, Sadara will enable many industries that either currently do not exist in Saudi Arabia or only exist through imports of raw materials. The adjacent PlasChem Park, a unique collaboration between Sadara and the Royal Commission for Jubail and Yanbu, will create more value downstream, generating unprecedented investment, innovation, economic growth and thousands of jobs. Sadara is on track to deliver its first products in the second half of 2015, with the complex in full operation in 2016. Its home page is www.sadara.com .

-------

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140617006005/en/

Contact:

Dominik Pawlik, Tel.: +33 247 80 74 94
Mobile: +33 623 62 63 85
Product Line Manager
AEG Power Solutions
Email: domink.pawlik@aegps.com
or
Claire Pairault, Tel.: +331 555511076
Mobile:+33 6 19609164
Corporate Communications
AEG Power Solutions
E-Mail: claire.pairault@aegps.com

Link:

Multimedia Gallery

ClickThru