Last $22.86 USD
Change Today +0.18 / 0.79%
Volume 232.8K
As of 10:11 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

abb ltd-spon adr (ABB) Snapshot

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01/17/14 - $26.36
52 Week Low
08/30/13 - $20.61
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abb ltd-spon adr (ABB) Details

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. The company’s Power Products segment offers switchgears, circuit breakers, capacitors, surge arresters, cable accessories, high voltage components, reclosers, fuses, contactors, relays, sensors, motor control centers, ring main units, and modular systems; and power, traction, distribution, and other special transformers. Its Power Systems segment provides integrated power and automation solutions; alternating current (AC) and direct current transmission systems; flexible AC systems technologies; land and submarine cables, as well as accessories and services for medium-to high-voltage AC and DC systems; air-and gas-insulated substations; and network management solutions. This segment also offers support agreements and retrofits, spare parts, service, and training; and consulting services. The company’s Discrete Automation and Motion segment provides motors, generators, variable speed drives, programmable logic controllers, robots and robotics, solar inverters, wind converters, rectifiers, excitation systems, and related services for discrete automation, process industries, transportation, and utilities. Its Low Voltage Products segment provides protection, control, and measurement for electrical installations; enclosures, switchboards, electronics, and electromechanical devices for industrial machines and plants; products for wiring and cable management, cable protection systems, power connection, and safety; and building control systems for home and building automation. The company’s Process Automation segment develops and sells control and plant optimization systems, automation products and solutions, and industry-specific application services for the oil, gas, petrochemicals, metals and minerals, marine and turbocharging, pulp and paper, chemical and pharmaceuticals, and power industries. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.

Founded in 1883

abb ltd-spon adr (ABB) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: SFr.2.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: SFr.1.6M
Heal of Legal & Integrity, General Counsel an...
Total Annual Compensation: SFr.2.0M
Head of Power Products Division
Total Annual Compensation: SFr.1.9M
Head of Process Automation Division
Total Annual Compensation: SFr.1.5M
Compensation as of Fiscal Year 2013.

abb ltd-spon adr (ABB) Key Developments

ABB Ltd. Wins Turnkey Automation Order for New Mine of K+S Potash Canada

ABB Ltd. won an order to supply a automation solution for K+S Potash Canada's greenfield potash mine in Saskatchewan. K+S Potash Canada is building a mine and production facility near Moose Jaw as part of its Legacy Project. It will be the first new potash mine built in Saskatchewan in nearly 40 years. Once up and running in late 2016, it is expected to reach the two-million-tonnes-mark of production capacity at the end of 2017. ABB's scope of supply includes a turnkey plant wide 800xA solution, fully integrated automation, hardware, programming, installation, commissioning and life-cycle support. K+S chose ABB's System 800xA because the solution embeds both automation and power into a unified control environment with one single engineering, operations and maintenance strategy, making it ideally suited for composite mining projects with the integration of plant-wide process control and electrical power systems.

ABB Ltd. Collaborates with Renewable Algal Energy, LLC to Commercialize Algal Production Systems

ABB Ltd. has announced collaboration with Renewable Algal Energy, LLC, or RAE, for the commercialization of integrated algal production systems that will produce algae-based products for the nutraceutical, animal nutrition and renewable fuels markets. The OEM systems were developed and tested at RAE's facility in Tuscon, Arizona; the first commercial application is scheduled to be operating in the fourth quarter of 2014. RAE will produce the equipment that harvest and extract algae and its co-products, including oil, for renewable fuels, as well as proteins and carotenoids for animal feed and nutritional supplements. The scalable systems are designed for medium to large scale algae farms, up to 2,000 hectares (10,000 square meters). ABB will supply 800xA control systems, instrumentation, low voltage electrical equipment and variable speed drives that will help those integrated algal production systems operate efficiently and reliably. In addition to process control, 800xA provides remote access to the base control room on each algae farm, so that multiple locations can be viewed and managed by one operator. The variable speed drives help the pumps and motors operate at their peak energy efficiency, using up to 10% less electricity.

ABB Opens Regional Robotics Packaging Application Hub in Ayer Rajah

ABB opened its Regional Robotics Packaging Application Hub in Ayer Rajah yesterday, with hopes of further driving productivity for firms in Singapore and South-east Asia. The new 600 sq m hub, which cost more than SGD 600,000, is an extension of ABB's existing Robotics Application Centre which was set up in 2010. The robotics hub will be a platform for the development of robotics solutions for a range of industries including food and beverage, pharmaceuticals, consumer electronics and solar photovoltaics. In addition, ABB will contribute to the development of Singapore's engineering workforce and technical competencies by providing training for its industry partners and educational institutions at its new robotics hub. With these larger and improved development facilities, ABB aims to provide manufacturing firms with improved hygiene, accuracy and consistency in production through the use of robotics technology, boosting productivity levels as well.


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