Press Release
ContiTech Expands Business with
Special Hoses for Liquefied Natural Gas
Cooperation with Bluewater Energy Services BV • Increase in global
demand for Liquefied Natural Gas (LNG) creates transport boom •
High technological requirements for hose system
Hanover, April 2011. ContiTech AG is stepping up its involvement in the
market for hoses for raw material extraction and for maritime applications.
The ContiTech subsidiary Dunlop Oil & Marine Ltd., Grimsby, UK,
concluded an agreement with the Dutch Bluewater Energy Services BV,
Amsterdam, in order to develop and produce special cryogenic hoses for
loading tanks with Liquefied Natural Gas (LNG). Bluewater holds key
licenses from BHP Billiton for this technology and will be responsible for the
development of technology transfer solutions.
"The demand and hence need for transport of LNG is a rapidly growing
market from which we aim to profit from in the future," said Dr. A.R.
Kambiez Zandiyeh, General Manager of Dunlop Oil & Marine, at the signing
of the agreement in Hanover. "Many countries are converting their power
stations from coal to climate-friendly LNG. Demand for LNG is rising in
particular in Asia." Japan and South Korea are the largest importers of
LNG. By 2015, 370 million tonnes of LNG are to be traded annually
worldwide. "With ContiTech we have found an experienced partner with
sophisticated technical know-how in the marine sector," said Hugo
Heerema, president of Bluewater Energy Services BV, at the signing of the
agreement.
LNG is transported and stored at about -160°C since under these
conditions it has just 1/600 of its usual volume. Accordingly, the
requirement for the connecting hoses between the floating production unit
(FPU) and the tankers is exceptionally demanding. The LNG hose must not
-2only remain flexible at temperatures below the freezing point, they must
also withstand pressures of up to 20 bar. Hoses primarily with 8-inch
diameter have been used up to now in side by side applications and in
environmentally calm conditions. In the future ContiTech will market hoses
of up to 24 inches, thus shortening the loading times substantially and
allowing loading to take place using much larger vessels and in more
demanding environmental conditions.
ContiTech is number one worldwide when it comes to marine and oil
production hoses. The company develops and manufactures hoses, hose
line systems and complete conveyor belt systems for various applications
in the oil and marine industry. These may include, for example, products for
extracting and transferring raw materials like oil or dredged materials and
for onshore port applications.
Captions
Vertragspartner_LNG.jpg
Signing the agreement in Hanover (from left to right): Dr. A.R. Kambiez
Zandiyeh, General Manager with the ContiTech subsidiary Dunlop Oil &
Marine Ltd., Tamas Katona, General Manager ContiTech Rubber Industrial
Kft., Michael Bonte, Vice President Business Development Bluewater
Energy Services BV, and Hugo Heerema, President and CEO Bluewater
Energy Services BV.
Photo: ContiTech
Vertragsunterzeichnung_LNG.jpg
Signing the agreement in Hanover (from left to right): Hugo Heerema,
President and CEO Bluewater Energy Services BV, Michael Bonte, Vice
President Business Development Bluewater Energy Services BV, Dr. A.R.
Kambiez Zandiyeh, General Manager Dunlop Oil & Marine, Tamas Katona,
General Manager ContiTech Rubber Industrial Kft.
Photo: ContiTech
-3With sales of €26 billion in 2010, Continental is among the leading automotive
suppliers worldwide. As a supplier of brake systems, systems and components for
powertrains and chassis, instrumentation, infotainment solutions, vehicle
electronics, tires and technical elastomers, Continental contributes to enhanced
driving safety and global climate protection. Continental is also a competent
partner in networked automobile communication. Continental currently employs
approximately 150,000 people in 46 countries.
The ContiTech division holds a global market leadership position for many non-tire
rubber products and is a specialist in plastics technology in the non-tire rubber
sector. The division develops and produces functional parts, components and
systems for the automotive industry and other important industries. The division
has a workforce of approximately 26,000 employees. In 2010, it achieved sales of
approximately €3.1 billion.
The Bluewater group of companies has built a technological lead specializing in
lease and operation of tanker-based Production and Storage (FPSO/FSO)
systems, and has become a leading provider of advanced Single Point Mooring
(SPM) systems. Bluewater operates worldwide with offices in The Netherlands,
United Kingdom, United States, Nigeria, Angola, Malaysia, Russia and China.
Editorial inquiries to
Anja Graf
Vice President Communications
ContiTech AG
Vahrenwalder Strasse 9
D-30165 Hanover, Germany
Phone +49 511 938-1190
Fax +49 511 938-14025
anja.graf@contitech.de
www.contitech.de
Mario Töpfer
Head of Technical Media Relations
ContiTech AG
Vahrenwalder Strasse 9
D-30165 Hanover, Germany
Phone +49 511 938-1304
Fax +49 511 938-1305
mario.toepfer@contitech.de
www.contitech.de
Press releases and photos available for download at www.contitech.de/press