Andritz AG

EANS-News: ANDRITZ to supply equipment for new hot-dip galvanizing system and annealing line for Tangshan Iron and Steel Group, China

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Company Information

Graz (euro adhoc) - Graz, June 6, 2013.  International technology Group ANDRITZ
has received an order from Tangshan Iron and Steel Group, China, to supply
furnaces and process equipment for a hot-dip galvanizing plant (annual capacity:
415,000 tons) and a continuous annealing line (annual capacity: 770,000 tons).
The two new heat treatment lines have been designed to produce high-strength
steel grade for the automotive industry. The order has a value of approximately
50 million euros. Start-up is scheduled for the fourth quarter of 2014. 

The furnaces, which form the heart of the plant, are fitted with highly
efficient low-NOx burners. In order to guarantee maximum cooling rates, the
plant uses the DRJC (Differential Rapid Jet Cooling) fast cooling system
patented by ANDRITZ METALS. DRJC sets new standards through highest cooling
rates with constant and controlled cooling across the strip width. In addition,
the new technology adjusts to the strip width, thus helping to save energy. The
scope of supply also includes automation equipment and key process components,
such as the zinc stripping jet and the shears. Both lines handle strip with
thicknesses ranging from 0.2-2.5 millimeters and widths from 700-1,600

- End -

The ANDRITZ GROUP is a globally leading supplier of plants, equipment, and
services for hydropower stations, the pulp and paper industry, the metalworking
and steel industries, and solid/liquid separation in the municipal and
industrial sectors. In addition, ANDRITZ offers technologies for certain other
sectors including automation, the production of animal feed and biomass pellets,
pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass
boilers and gasification plants for energy generation, flue gas cleaning plants,
plants for the production of panelboards (MDF), thermal sludge utilization, and
biomass torrefaction plants. The publicly listed, international technology Group
is headquartered in Graz, Austria, and has a staff of around 23,700 employees.
ANDRITZ operates over 220 production sites as well as service and sales
companies all around the world.

ANDRITZ METALS is one of the leading global suppliers of complete lines for the
production and processing of stainless steel. These lines consist of equipment
for cold rolling, heat treatment, surface finishing, strip coating and
finishing, punching and deep drawing, and for regeneration of pickling acids. In
addition, the business area supplies lines for the production and processing of
carbon steel and non-ferrous metal strip, resistance welding equipment for the
metalworking industry, as well as turnkey furnace systems for the steel, copper,
and aluminum industries.

The Schuler Group, Germany, in which ANDRITZ has a stake of more than 90% and
which is fully consolidated as from March 1, 2013, is also allocated to the
business area. As technological and global market leader in metalforming,
Schuler supplies machines, production lines, dies, process know-how, and
services for the entire metalworking industry. Its clients include car
manufacturers and their suppliers, as well as companies in the forging,
household equipment, packaging, energy, and electrical industries. Schuler is
also the market leader in coin minting technology and offers system solutions
for the aerospace and rail industries.

Further inquiry note:
Oliver Pokorny
Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 1332
Fax: +43 316 6902 465

end of announcement                               euro adhoc 

company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: Andritz AG

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