Major contract and further growth for KSB

KSB has booked a multi-million Euro deal to supply more than 100 pump sets to a steel mill in Cairo, Egypt. The pumps will be used water cooling and descaling in steel production. The new steel mill includes a 165-t electric arc and a 165-t ladle furnace as well as a 6-strand billet caster. Delivery will be complete by February 2009.

This order goes some way to improving the KSB Group's earnings by more than 40%. The company plans a €70 million-investment in the construction of three new production facilities in Germany - Frankenthal, Halle ( Saale ) and Pegnitz. In India, KSB aims to increase capacity during the next three years.
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