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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \PTHOMAS2 (Non-Privileged)\Thomas, Paul D.\Deleted Items X-Origin: Thomas-P X-FileName: PTHOMAS2 (Non-Privileged).pst Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW2032 OCT 24,2001 4:06 PACIFIC 07:06 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) American Electric Power and Dow Chemical Await Final Permit for Cogen Unit, in an Advisory by Industrialinfo.com Business Editors & Energy Writers HOUSTON--(BUSINESS WIRE)--Oct. 24, 2001--Researched by Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). American Electric Power (NYSE:AEP) (Columbus, Ohio) and development partner The Dow Chemical Company (NYSE:DOW) (Midland, MI) are expecting final permit approval in November for the construction of a 900 mega-watt (MW) $325 million cogeneration unit to be constructed at Dow's Plaquemine chemical complex in Louisiana. AEP plans to begin construction during December of 2001 utilizing their subsidiary AEP Pro Serv, Incorporated (Columbus, OH) for engineering design on the project that is scheduled to take 22 months to complete. A short list of two general contractors has also been identified. The natural gas-fired unit will be configured with four General Electric 7FA combustion turbines and a nominal 200MW Alsthom stream turbine with a heat recovery steam generator to produce electricity and process steam for the Dow complex. A 20-year power sales agreement is also in place with Tractebel Energy Marketing Inc. a subsidiary of Belgian company Tractebel S.A. Paul Addis, executive vice president for AEP adds, "This new facility will bring generating capacity to Louisiana using environmentally-friendly and energy-efficient technology, while at the same time allowing Dow to achieve greater energy efficiency in its core business." American Electric Power is a multinational energy company based in Columbus, Ohio. AEP owns and operates more than 38,000 megawatts of generating capacity, making it one of America's largest generators of electricity. The company is also a leading wholesale energy marketer and trader, ranking second in the U.S. in electricity volume. AEP Pro Serv, Inc. is the non-regulated professional services arm of American Electric Power. AEP Pro Serv provides its clients with a full array of project management, environmental, engineering, construction, operations, technical services and maintenance expertise. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Energy and Power markets as well as other industrial sectors send inquiries to powergroup@industrialinfo.com or visit us at www.industrialinfo.com. --30--JB/na* CONTACT: Industrial Information Resources, Inc., Houston Joseph Govreau, 713/783-5147 KEYWORD: TEXAS LOUISIANA OHIO MICHIGAN INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENERGY OIL/GAS UTILITIES SOURCE: Industrial Information Resources, Inc. For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- © 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- © 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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