Press Releases

Sulzer Chemtech Ltd. and Julius Montz GmbH have reached an agreement whereby Sulzer Chemtech Ltd takes over the manufacturing and marketing rights of the "Multipak" product line. At the same time Julius Montz GmbH will draw back completely from this business area. Existing Multipak customers will be served by Sulzer Chemtech in future.
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In a difficult economic environment, Sulzer Chemtech upheld the level of order intake during 2002. The order volume of CHF 299 million for 2002 reached prior-year level (nominal -1%, adjusted +5%).
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Sulzer Chemtech's order intake per mid-year rose slightly to CHF 163 million (+1%, adjusted: +6%), while sales at CHF 135 million were still down from the same period last year (-9%, adjusted: -5%). In line with the positive expectations for this division, operating income improved steeply to CHF 3 million (prior year: CHF -2 million). This turnaround is primarily attributable to internal measures rather than to better market ...

SINOPEC/Shanghai Petrochemical Co. placed an order with Sulzer Shanghai for the manufacture of a large supply of the Stone and Webster (SHAW) ripple® trays for oil and water quench columns in their new ethylene plant near Shanghai.
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