AEG Power Solutions To Provide Power Supply To CNOOC Petrochemical Cluster in Huanghua

ZWANENBURG, The Netherlands–(BUSINESS WIRE)–AEG Power Solutions (FWB:3W9K), a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, today announced that CNOOC (China National Offshore Oil Corporation) has selected its power systems solutions to secure critical loads applications at its petrochemical production center, which is located in Huanghua City in the province of Hebei in China.

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The center will start operations in 2016. It includes a crude oil distillation facility with a capacity of 2.5 million tons, a catalytic cracking unit, a storage tank area for gas and petrochemical by-products and a sewage treatment plant.

AEG Power Solutions is providing fifteen Protect 8 UPS and two Protect 4 UPS, as well as batteries, to secure the power supply to the main critical equipment of this sensitive operation center. The systems will be powering applications such as the control system of torch recovery and the transformer substation for recycled water, as well as the transformer substation and control system of air partial pressure.

Protect 8, which represents the main part of this contract, is one of the most reliable UPS in its class. The system’s design is based on an innovative modular architecture, enhanced manufacturing processes, and “fit to specification” concept, which ensures that each application gets exactly what it needs to guarantee optimal performance levels and to achieve world class performance.

“We were able to adapt the technical configuration to the specific requirements of the site and the applications,” explains Ever Guo, Managing Director at AEG PS China. “The performance of our products even in harsh conditions is renowned, and we have proven track records in the petrochemical industry which made the difference”.

AEG Power Solutions has already provided UPS and industrial chargers to CNOOC to secure power on various projects since 2010, such as the Kenli and Nanping offshore drilling platforms, as well as the Hainan East and Zhejiang Daxie petrochemical projects. The cooperation is now going further, as AEG PS designed and is providing the complete solution.

CNOOC is the largest producer of offshore crude oil and natural gas in China and one of the largest independent oil and gas exploration and production companies in the world. The Group mainly engages in exploration, development, production and sale of crude oil and natural gas.

About AEG Power Solutions

AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial and demanding commercial power requirements offering one of the most comprehensive product and service portfolios in the area of uninterruptible power supply and power management.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for next generation distributed power generation.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A114Z9) / ISINLU1072910919), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9K).

For more information, visit www.aegps.com.

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

AEG is a registered trademark used under license from AB Electrolux

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Contacts

For further information, please contact:
Claire Pairault,
Mobile: +33 6 19 60 91 64
Corporate Communications
AEG Power
Solutions
Email: claire.pairault@aegps.com
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