ABB wins record industrial IT deal from Dow
The Swiss-based technology giant, ABB, has won a 10-year industrial information technology contract from United States group, Dow Chemical.
"It is the biggest industrial IT contract for ABB," said ABB spokesman, Thomas Schmidt. But he declined to give the value of the deal under which ABB is to provide the technology to link operations and boost productivity at 171 Dow plants.
Dinesh Paliwal, executive vice president and head of ABB's process industries division, said the company had won the contract after "working very closely with Dow over the past several months to assess its operations and identify where there might be room for innovation and advancement of their process automation technology."
ABB said the deal with Dow followed a similar agreement with Australia's Visy Industries in late April worth $15 million (SFr26.9 million).
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