April 9, 2009 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Middle East B.S.C.(c), received five orders to supply automation and control systems for the construction and upgrade of power plants in Egypt. These systems are for the control of boilers and balance of plant facilities in each of the following projects:
Orders in Egypt (fiscal year 2008) : Cairo West Power Plant, Nubaria III Combined Cycle Power Plant, Kafr El Dawar Power Plant, El Atf Combined Cycle Power Plant, Sidi Krir Combined Cycle Power Plant.
Yokogawa Middle East will provide the CENTUM Integrated Production Control System and carry out engineering, commissioning, and supervision of installation. For certain of these projects, it will also supply sensors such as transmitters and analyzers.
Egypt is planning to construct many new power plants as well as upgrade existing plants due to the rising demand for electric power driven by steady economic growth. Yokogawa has therefore been seeking to capitalize on this opportunity by developing the power control system market in Egypt.
Yokogawa has received these five contracts for the following reasons:
1. Yokogawa’s extensive, global track record in providing control systems for power plants such as an 800 MW combined cycle facility in Spain.
2. Yokogawa’s highly-regarded power plant automation expertise and engineering capability
3. Yokogawa’s global approach to project execution based on the One Global YOKOGAWA initiative, which brings together the expertise and capabilities of the entire Yokogawa Group and is based on leading edge technology.
Global demand for power plant control systems is predicted to grow approximately 20% between 2008 and 2010. While growth is expected to slow down in 2009, the forecast is for steady growth in the power plant control system market driven by rising demand for electricity in emerging countries.
Yokogawa entered the international power plant control market in 2001 and has been expanding this business by developing close relationships with customers and carrying out extensive sales, engineering, and service activities through its regional subsidiaries. Since the establishment of Yokogawa Middle East in Bahrain in 1990, Yokogawa has begun to experience steady growth in the Middle East. With the growth of its business particularly in the oil and petrochemical industries, the company has achieved a full-scale entry into the power market.
Encouraged by this success at securing orders in Egypt, Yokogawa will accelerate its global business activities in the Middle East and other regions, and plans to receive 30 billion yen of power plant system orders in fiscal year 2010.
about Yokogawa Middle East
Yokogawa Middle East is responsible for Yokogawa’s business in the Middle East. With a multi-cultural workforce that is specialized in a variety of functions, Yokogawa Middle East is able to offer process automation solutions (DCS, ESD, PLC, SCADA and RTU, process instrumentation, information systems, etc.) for engineering and commissioning projects throughout the region. Further, the company helps its customers optimize plant operation and maintenance by providing committed after-sales training and service on a 24/7 basis.
about Yokogawa Electric Corporation
Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa.
