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MHI Receives Steam Turbine Order from Asia Symbol for Captive Power Plant at Pulp and Paper Plant in China

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Tokyo, July 26, 2013 - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for a steam turbine with the capacity of approximately 90 megawatt (MW) to be installed in a pulp and paper plant in China owned and operated by Asia Symbol (Shandong) Pulp And Paper Co., Ltd. a major fiber, pulp and paper manufacturer originated in Indonesia. The steam turbine is slated to go on-stream in 2015.

The Chinese pulp and paper plant is located in Rizhao, Shandong Province, approximately 200 kilometers southwest of Qingdao. The steam turbine on order will be used primarily for in-house power generation to accommodate power demand associated with augmentation of the plant facility. In addition, steam will be partially extracted from the turbine and supplied for pulp and paper production processing.

MHI will supply the steam turbine and will also dispatch technical advisors to the plant construction site for its installation and test operation. Mitsubishi Corporation will handle trade particulars.

Asia Symbol is a member of the Royal Golden Eagle (RGE) group, one of the leading privately owned, integrated resource-based industrial groups in the Asia Pacific region.

MHI previously delivered two steam turbines to Rizhao plant in 2008, and the company's overall track record and the excellent performance in the existing plant are thought to have contributed to the award of the new order.

The steam turbine on order is a type that enables extraction of a certain level of steam from the turbine. Turbines of this type are supplied mainly to captive power plant which requires process steam. MHI has an abundant track record in this field, and today it is contributing to the efficient and stable operation of customer plants by providing systems optimally designed for the various operational modes customers require.

Going forward MHI will proactively pursue business expansion in this field by responding precisely and meticulously to ever more diversified customer needs.
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