Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (9)	9/25/1998 2:40:00 PM
From: Steve Fancy	Read Replies (1) of 3891

Alstom, Suez Lyonnaise Get One China Pact Each, Joint Pact PARIS (Dow Jones)--Anglo-French engineering company Alstom SA (ALS) and French municipal services company Suez Lyonnaise des Eaux (F.SLX) signed a joint incinerator contract in China Thursday. Each company also signed one other separate contract. The joint contract, worth $80 million, is to build an incinerator in the Pudong area. The incinerator will incorporate three waste treatment lines. Separately, Suez Lyonnaise signed a pact worth FRF138 million to build a water treatment plant in Shanghai and Alstom signed a $20 million contract for an automated painting line for the Wuhan-based Dongfen Citroen Automobile Company. All three contracts were signed during an official visit to China by French Prime Minister Lionel Jospin. -By Alan R. Katz; 331-53.00.03.03; akatz@ap.org

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