ABB wins US$ 160-million clean fuels order in U.S.

Zurich, Switzerland, December 14, 2000 – ABB, the global technology company, said today it has won a US$ 160-million order to implement the major portion of a clean fuels project at Murphy Oil USA, Inc.’s refinery in Meraux, Louisiana, USA.

Under the terms of the contract, ABB is responsible for engineering, procurement and construction of the project, which is scheduled for completion in the second quarter of 2003. Murphy Oil USA, Inc. is a subsidiary of Murphy Oil Corporation.

Through its ABB Lummus Global unit, ABB will design and build a new hydrocracker, a new hydrotreater and a new central control room at the refinery. The project is aimed at allowing the Meraux facility to produce cleaner burning fuels, reduce emissions from the refinery, and to cost effectively meet future sulfur limits for gasoline and diesel.

“This project is in line with our goal to further develop our expertise in the area of low-emission production of cleaner transportation fuels,” said Gorm Gundersen, Executive Vice President and head of ABB’s Oil, Gas and Petrochemicals segment. “We are a recognized supplier of systems and equipment for clean fuel producers and we intend to build that position even further.”

ABB announced last month an order to modernize a Russian oil refinery to produce cleaner burning transportation fuels. ABB is also in alliances with the Chevron, Exxon and Shell oil companies to develop technology for making cleaner transportation fuels.

The ABB Group (www.abb.com) serves customers in power transmission and distribution; automation; oil, gas, and petrochemicals; building technologies; and in financial services. With novel IT applications, tailored software solutions, growing eBusiness and a fast-expanding knowledge and service base, ABB is building links to the new economy. The ABB Group employs about 160,000 people in more than 100 countries. (End)

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