Corporate | 5 July 2016 10:11
DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Alliance/Contract
2016-07-05 / 10:11
The issuer is solely responsible for the content of this announcement.
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Industry 4.0 from a single source: Primetals Technologies and PSI cooperate
on production management solutions for steel industry
- Strategic alliance combines process automation with production management
- Customers receive finely tuned complete solution from a single source
- Goals: Implementation of PSI solutions in plants with equipment from
Primetals Technologies as well as modernizations and new plants
Primetals Technologies Germany GmbH, Erlangen, and PSI Metals GmbH,
Düsseldorf, have signed a cooperation agreement on the sale and
implementation of Industry 4.0 (Industrial Internet) production management
solutions for the steel and aluminum industries. Customers receive
perfectly matched, tailor-made complete solutions from a single source
consisting of equipment, basic automation (level 1) and process automation
(level 2) from Primetals Technologies, and the PSImetals production
management solution (level 3) from PSI. The exclusive global cooperation
agreement covers plants with equipment and automation from Primetals
Technologies, as well as complete turnkey solutions for modernization
projects and new plants throughout the entire supply chain.
The harmonized solutions from the two companies reduce integration costs,
shorten project runtimes and simplify IT processes. Horizontal integration
of locally distributed automation data with system-wide production
management for Supply-Chain-Planning & Execution (MES) makes it easier to
identify and realize the potential of Industry 4.0.
Detlef Schmitz, Managing Director at PSI, said, "For tomorrow's production
management, we offer our customers complete integrated solutions, which
increase the potential for optimizing production processes and the
associated business processes throughout the entire process chain."
Hans-Jürgen Zeiher, Head Electrics and Automation at Primetals
Technologies, added, "As a leading technology provider of plant
engineering, basic and process automation, as well as digital production,
we are firmly convinced that together we can make a major contribution to
digitization and the associated improvements in productivity and quality,
and toward more flexible production."
PSI Metals is a leading provider of production management solutions,
whereas Primetals Technologies is a leader in mechanical and electrical
equipment as well as basic and process automation. Taken together, the two
companies have already successfully realized more than 2,300 projects. In
future, around 450 automation and IT experts will be working on offering
steelmakers end-to-end solutions for optimizing production processes.
Thanks to the combined network of the two partners, experts in project
implementation and plant and solution services are available close to
customers throughout the world.
Primetals Technologies, Limited headquartered in London, United Kingdom is
a worldwide leading engineering, plant-building and lifecycle services
partner for the metals industry. The company offers a complete technology,
product and service portfolio that includes integrated electrics,
automation and environmental solutions. This covers every step of the iron
and steel production chain, extending from the raw materials to the
finished product - in addition to the latest rolling solutions for the
nonferrous metals sector. Primetals Technologies is a joint venture of
Mitsubishi Heavy Industries (MHI) and Siemens. Mitsubishi-Hitachi Metals
Machinery (MHMM) - an MHI consolidated group company with equity
participation by Hitachi, Ltd. and the IHI Corporation - holds a 51% stake
and Siemens a 49% stake in the joint venture. The company employs around
7,000 employees worldwide. Further information is available on the Internet
at www.primetals.com
PSI Metals is the leading supplier for production management solutions in
the metals industry combining SCM, APS and MES to optimize production and
logistics. For more than 40 years, we have been delivering added value
solutions to maximize the plant performances of numerous metal producers
around the globe. www.psimetals.com
On the basis of its own software products, PSI AG develops and integrates
complete solutions for energy management (gas, oil, electricity, heat,
energy trading), production management (mining, metals, automotive,
mechanical engineering, logistics) and infrastructure management for
transport and safety. PSI was founded in 1969 and employs 1,650 persons
worldwide. www.psi.de
PSI AG
Karsten Pierschke
Head of Investor Relations and Corporate Communications
Dircksenstraße 42-44
10178 Berlin
Germany
Phone +49 30 2801-2727
Fax +49 30 2801-1000
E-Mail: KPierschke@psi.de
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2016-07-05 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX
End of News DGAP News Service