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SDVKY Sandvik AB (PK)

20.486
0.296 (1.47%)
Last Updated: 15:13:06
Delayed by 15 minutes
Name Symbol Market Type
Sandvik AB (PK) USOTC:SDVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.296 1.47% 20.486 20.49 20.52 20.5635 20.45 20.55 2,625 15:13:06

Sandvik Gets SEK500 Million Order From Boral In Australia

27/09/2011 8:10am

Dow Jones News


Sandvik AB (PK) (USOTC:SDVKY)
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Swedish industrial group Sandvik AB (SAND.SK) said Tuesday its Mining and Construction unit has signed a contract worth nearly SEK500 million with Boral Ltd (BLD.AU), a building and construction materials supplier in Australia.

 
   MAIN FACTS: 

-The order includes design, supply, installation and commissioning of a new quarry plant for Boral's Peppertree site which is situated in New South Wales.

-The project is expected to start during 3Q 2011 and to end in 3Q 2013.

-Boral's primary purpose of the project is to provide new production and dispatch capability for the supply of coarse and fine aggregates.

-This material will be used in pre-mixed concrete, concrete products and asphalt production in the greater Sydney region.

-Sandvik is to supply a full range of screening, crushing and train dispatch equipment.

-Shares closed at SEK78.40.

-By Dominic Chopping; Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com

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