euro adhoc: Andritz AG
other
Andritz to supply complete Fiberline, Pulp
Drying, and Chemical Recovery Systems for Horizonte Project in Brazil
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
08.05.2007
Graz, 8 May 2007. International Technology Group Andritz, Austria received the order for the supply of a complete Fiberline, Pulp Drying/Baling Plant, and White Liquor Plant for the world´s largest pulp mill to be built in Brazil. The design capacity of this greenfield bleached eucalyptus market pulp mill is 1,250,000 t/y. Start-up is scheduled for 2009. The order value is above 200 million Euros.
The order was placed by Poyry Empreendimentos Industriais S.A., the contractor chosen by Chamflora, subsidiary of International Paper, to build the mill at the Três Lagoas site in Brazil´s Mato Grosso do Sul state. International Paper recently transferred this project to Votorantim Celulose e Papel (VCP) as part of an asset exchange between the two companies.
The Fiberline represents state-of-the-art process technology providing the best yield, washing efficiency, and minimal chemical consumption. The pulp dryer (working width 9.334 m) is based on Twin Wire former technology that has been proven in several high-capacity pulp mill projects around the world.
Andritz will provide the technology, equipment, basic and detailed engineering, electro-mechanical erection, erection supervision, start-up, and training.
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About Andritz Listed Andritz Group is a global market leader for advanced production systems for pulp and paper, steel and other specialized industries. Andritz has a staff of approximately 10,400 employees worldwide. It develops and makes its high-tech systems at 35 production sites in Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada and China.
end of announcement euro adhoc 08.05.2007 07:30:00
Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing