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| Sulzer Chemtech's order volume sustained for 2002 |
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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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| The normally weaker fourth quarter brought a 5-percent increase in order intake compared with the same prior-year period after adjustment for currency effects. While market conditions in the USA remain unsatisfactory, developments in Asia are very encouraging, with an ongoing increase in investment activity particularly in China. Notable is the good demand for static mixers and crystallization systems. Although prospects are favorable at the present time, any lasting conflict in the Middle East would negatively affect the order intake situation. Thanks to the improvement measures taken, operating income for 2002 will exceed the prior-year level. |
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