Demag Cranes supplies four fully automatic process cranes for the Chinese paper industry

Düsseldorf,   15. November 2010

  • Significant increase in handling rates thanks to innovative grabs
  • Expanded market position in China growth market

Demag Cranes has been awarded a contract to supply four fully automatic process cranes for a paper roll shipping store and a paper roll buffer store in China. Both stores are an integral part of a new production facility which is being built by the Chinese paper manufacturer Ji’An Paper Packet Co., Ltd. in the north of Zhejiang province. The cranes ensure that the planned annual production of approximately 610,000 tonnes of paper can be reliably stored and retrieved at high cycle rates. They are supported by new mechanical grabs, which have been recently developed by Demag Cranes specially for the paper industry.

Significant increase in handling rates

For its end customers, Ji’An Paper Packet can pick up already packed rolls of paper and store them in space-saving stacks using the newly developed grabs. The use of the innovative mechanical grabs also results in a significant increase in handling speeds, since up to four rolls of paper can be picked simultaneously. Ji’An Paper Packet is the first customer in the Chinese paper industry to use the new mechanical grabs. They have already demonstrated the success of their design and operating principle in a British paper store. The cranes ensure that high production output can be quickly stored and reliably staged ready for shipping in specific order batches.

Growing partnership

Zhan Zhenfeng, Vice General Manager of Zhejiang Ji`An Paper Packet, states, “For Ji’An Paper Packet, the new paper machine and the two automatic paper roll stores represent a further important milestone along the company’s path of expansion and technology leadership, which it has been pursuing for many years. This is also demonstrated by our investment in the fastest containerboard paper machine in the world”. Thomas H. Hagen, member of the Management Board of Demag Cranes AG responsible for operations, emphasises the strategic importance of this business relationship, “The contract awarded by Ji’An Paper Packet underlines Demag Cranes’ leading position as a manufacturer of demanding technological crane solutions for automatic paper roll stores. We have taken a further step in a growth market which is important to us with the delivery of process cranes including software for Ji’An Paper Packet.”

About Demag Cranes AG

Demag Cranes AG is one of the world’s leading providers of industrial cranes, crane components, harbour cranes and terminal automation technology. Services, in particular maintenance and refurbishment services, are another core element of the Group’s business activities. The Group is divided into the business segments Industrial Cranes, Port Technology and Services and has strong and well-established Demag and Gottwald brands. Demag Cranes sees its core competence in the development and construction of technically sophisticated cranes and hoists as well as automated transport and logistics systems in ports and terminals, the provision of services for these products and the manufacture of high-quality components.

As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in more than 60 countries through its subsidiaries, agencies and a joint venture. In financial year 2008/2009, the Group, with its 5,934 employees, generated revenue of EUR 1,047.6 million. Since the end of June 2006, the Demag Cranes share (WKN: DCAG01) has been listed in the Prime Standard of the German Stock Exchange and is traded on various indices including the MDAX®.

Demag Cranes. We Can Handle It.


 

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This press release contains forward-looking statements relating to the business, financial performance and earnings of Terex Material Handling & Port Solutions AG and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of Terex Material Handling & Port Solutions AG. Consequently, actual developments as well as actual earnings and performance may differ materially from those which are explicitly or implicitly assumed in the forward-looking statements. Terex Material Handling & Port Solutions AG does not intend or accept any obligation to publish updates of these forward-looking statements.

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