Andritz AG

euro adhoc: Andritz AG
Andritz receives major orders from the USA, Russia and China for the erection of plants for the steel and stainless steel industry

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International Andritz Group received several major orders for rolling mills and strip processing lines from internationally renowned steel and stainless steel producers totalling approximately 180 million Euros.

North America’s largest integrated stainless steel producer, North American Stainless, an affiliate of the Acerinox Group, placed an order for one of the world’s largest annealing and pickling lines for hot-rolled stainless steel. With a capacity of approximately 1.2 million tons per year, the plant will process strip in the thickness range from 1.5 to 14 mm and up to 1,600 mm wide. Production is scheduled to start by the end of 2008.  In addition to the mechanical equipment, Andritz will supply the annealing furnace and the complete pickling section with all ancillary equipment.

Baosteel Ltd., Shanghai, the largest steel producer in China, ordered an electrolytic galvanizing plant for steel strip with an annual capacity of 300,000 tons.  This is the second steel strip galvanizing plant that Andritz will supply to Baosteel which confirms the customer’s satisfaction with the performance of the Andritz system already installed.  The project will be carried out in cooperation with the mechanical engineering and manufacturing companies of Baosteel, with Andritz assuming technological responsibility and supply of the main quality-relevant plant sections.  Start-up is scheduled for August 2008.

Russian steel company NLMK, Lipezk placed an order for the erection of a hot-dip galvanizing plant with an annual capacity of approximately 300,000 tons, which is scheduled for start-up in the fourth Quarter of 2008.  This is the second hot-dip galvanizing plant that Andritz will supply to NLMK.  Andritz’s scope for this project comprises the overall engineering as well as the supply and start-up of the mechanical equipment.

In addition, NLMK placed an order for the supply of a combined four-high/S-6 high reversing cold rolling mill for transformer sheet for their Lipezk mill, and for the supply of a four-high reversing cold rolling mill for transformer sheet at NLMK’s affiliate, Viz Stal, Jekatarinenburg.  Andritz will supply the complete mechanical systems as well as all ancillary and electrical equipment. This will help to substantially improve operational reliability as well as productivity and product quality.

About Andritz Publicly listed Andritz Group is a global market leader for advanced production systems for the pulp and paper, steel and other specialized industries.  Andritz has about 10,000 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.

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ots Originaltext: Andritz AG
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Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

Branche: Machine Manufacturing
ISIN:      AT0000730007
WKN:        632305
Index:    WBI, ATX Prime, ATX
Börsen:  Wiener Börse AG / official dealing

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