Outotec opens office in Manila to strengthen its presence in the Philippines

OUTOTEC OYJ  PRESS RELEASE   SEPTEMBER 16, 2014 at 8.00 AM 

Outotec opens office in Manila to strengthen its presence in the Philippines

Outotec has today opened a new office in Manila, the Philippines, as part of the company's expansion in the Asia Pacific (APAC) region. The new office was inaugurated by Mr Stuart Sneyd, President of Outotec's APAC region, in the presence of customers, ministries and industry associations.

The Philippines is ranked as the fifth most mineralized country in the world and has some of the world's largest resources of gold, copper and nickel. Approximately 30% of the country's total land area is believed to contain important metallic mineral deposits.  Outotec is committed to helping the Philippines develop its world-class resource industry in a sustainable way. The new office in Manila will focus on serving Outotec's customers, driving sales in the growing market, and supporting project implementation in the Philippines.

Speaking during the event, Stuart Sneyd said, "Outotec has sold technologies for copper smelting and concentrating in the Philippines since the 1960s. Through our industry-leading technologies we want to make a strong contribution to sustainable development of the Philippines mining and metallurgical industry. Apart from the mining and metals sector, this market also offers attractive growth opportunities for Outotec in industrial water treatment and renewable energy sectors. With the opening of our Manila office, we will take our capability to deliver sustainable technology solutions and local customer support services to a whole new level in the Philippines."

For further information please contact:

OUTOTEC

Stuart Sneyd, President, APAC region
Tel. [phone]

Eila Paatela, Director - Corporate Communications
Tel. [phone], mobile [phone]

Emails: [e-mail]

DISTRIBUTION:
Main media
www.outotec.com

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Source: Outotec Oyj via Globenewswire

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