IN FOCUS

As of July 2002, Corporate Development at Sulzer will be headed by Christina Künzle, who is also appointed to the Executive Committee. Aged 46, she holds an MBA (INSEAD) and succeeds Patrick Kilchmann. Christina Künzle is currently managing director of Coutts Consulting (Switzerland and Germany), a specialized human resources consulting company. In July, she will start getting to know her new position, and depending on the transition at her present company, she will start at Sulzer fulltime in the fall.

Sulzer Pumps has built a prototype injection pump that generates the highest seawater injection pressure ever achieved. The contract was awarded by bp for the ‘Thunder Horse’ project, which is part of the bp Deepwater Development Program in the Gulf of Mexico. The water will be injected at a flow rate of 338 cubic meters an hour (1458 US gpm) at a pressure of 605 bar (8515 psi).

Wilo Salmson is launching two new pumps for solar heating systems, the Wilo-Star ST 15 and Wilo-Star ST 25. Designed for LowFlow and HighFlow solar heating systems respectively, the new pumps are being launched in the UK following proven success in Germany, where they are employed in both domestic and commercial applications.

The PSA 2002 show series returns to Singapore for the 6th time with brand new exhibitions to showcase the most comprehensive conglomerate of local and international industry players at Halls 3 and 4 of the Singapore Expo from 9 – 12 July 2002.

IFAT 2002 is poised to set another new record in exhibitor numbers: over 2,040 exhibitors from 40 countries will be attending this year´s event (for comparison, at the 1999 fair in Munich, the figure was 2,021 exhibitors from 33 countries). One quarter of the exhibiting companies (25 percent) comes from abroad.

The smaller the bubbles, the more efficient the oxygen transfer and the more efficient the biological wastewater treatment. But small bubbles often mean higher costs. ABS now has the solution to this equation thanks to the acquisition of the Finnish company Nopon.

Invoiced sales amounted to 78.7 MEUR (67.9), which adjusted for the effect of exchange rate movements is a rise of 15 percent. Company acquisitions account for 7 percentage points of this figure. Operating earnings amounted to 3.3 MEUR (3.4).

COLLEGE STATION, Texas-The International Pump Users Symposium (IPUS) is taking it to the road after beginning and operating in Houston, Texas for 20 years.

Asslar, Germany, May 7, 2002. Pfeiffer Vacuum, a leading manufacturer of high-quality vacuum pumps, vacuum gauges and complete vacuum systems, announces its results for the 1st quarter of 2002.

· Inflow of orders: SEK 2,664 million (2,900)

· Invoiced sales: SEK 2,623 million (2,375)

· Earnings after financial items: SEK 79 million (76)

· Preliminary agreement on sale of Rail