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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Siemens AG | TG:SIE | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.04 | 1.16% | 177.60 | 177.46 | 177.74 | 178.64 | 174.96 | 175.72 | 34,217 | 22:50:02 |
From May 2019 to May 2024
By Olivia Bugault
Siemens AG said Tuesday that it will supply gas turbines to chemical materials manufacturer Ascend Performance Materials for a facility in Alabama.
The three 33-megawatts SGT-700B industrial gas turbines will allow Ascend to retire assets that currently provide process steam for the facility it says, adding that "the shift to gas turbines for steam generation is part of Ascend's long-term sustainability strategy".
The German company will supply the turbines through its subsidiary Siemens Gas and Power for an undisclosed amount.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
April 14, 2020 10:42 ET (14:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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