EANS-Adhoc: ANDRITZ to supply equipment for Fibria's Horizonte 2 pulp mill
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- other/Company Information 31.07.2015 Graz, July 31, 2015. International technology Group ANDRITZ and Fibria, the world's leading eucalyptus pulp producer, signed a letter of intent for supply of all production technologies and equipment for Fibria's Horizonte 2 pulp mill at its Três Lagoas unit in the state of Mato Grosso do Sul. The new production line will have an annual pulp production capacity of 1.75 million tons. Combined with its existing capacity, already in operation, the Três Lagoas unit will reach a total annual production capacity of 3 million tons, making it one of the world's largest eucalyptus pulp production sites. It was agreed not to disclose the order value; however typical order values of comparable reference projects are in the magnitude of approximately 600 million Euros. The contract is expected to be put into force during the third quarter of 2015. The scope of supply of the ANDRITZ PULP & PAPER business area covers the EPC delivery of the complete fiberline as well as the recovery island, including all relevant process steps. Start-up of production is scheduled for fourth quarter of 2017. The Horizonte 2 project is one of the largest private investments in Brazil and will create 40,000 direct and indirect jobs over the two years of construction. During the peak of construction, the site will have around 10,000 workers. Once commissioned, Fibria's new pulp line will have 3,000 direct and indirect jobs. - End - Press release for download The press release is available for download at www.andritz.com/news. The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of almost 25,000 employees. ANDRITZ operates over 250 sites worldwide. 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 end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Andritz AG Stattegger Straße 18 A-8045 Graz phone: +43 (0)316 6902-0 FAX: +43 (0)316 6902-415 mail: welcome@andritz.com WWW: www.andritz.com sector: Machine Manufacturing ISIN: AT0000730007 indexes: WBI, ATX Prime, ATX, ATX five stockmarkets: official market: Wien language: English
Original content of: Andritz AG, transmitted by news aktuell