euro adhoc: Andritz AG
other
Visy selects Andritz to supply key systems for
Tumut mill expansion project
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
11.12.2007
Graz, 11 December 2007. Australian Visy Industries, the world's largest privately owned packaging and recycling company, selected international technology Group Andritz to supply technology and systems for the expansion of its Tumut mill in New South Wales, Australia. The order encompasses the upgrade of the existing fiberline and recausticizing plant, and the installation of a new recovery boiler, pre-evaporator, lime kiln, equipment for the recycled fiber plant, stock preparation, and approach flow systems. Total value of the order for Andritz is near 70 MEUR.
The expansion will more than double the mill's kraftliner capacity from 300,000 to 680,000 t/a. Preliminary work on the site will commence in late 2007. It is planned that the entire integrated mill will be operational during the second half of 2009.
- End -
The Andritz Group Stock exchange listed Andritz Group is a global market leader for advanced production systems for pulp and paper, steel, and other specialized industries. In addition, Andritz is also one of the leading global suppliers of electromechanical systems and services for hydropower plants. Andritz has a staff of approximately 11,000 employees worldwide. It develops and makes its high-tech systems at 35 production sites (Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada, and China).
end of announcement euro adhoc 11.12.2007 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
Original-Content von: Andritz AG, übermittelt durch news aktuell