euro adhoc: Andritz AG
other
Andritz to supply woodyard and complete
fiberline to Suzanos new pulp mill in Brazil
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
04.11.2005
Graz, 4 November 2005. Andritz and Suzano Bahia Sul Papel e Celulose S.A. ("Suzano") have signed a letter of intent under which Andritz will supply the woodyard and the fiberline (washing, screening, bleaching) for a new pulp line of Suzano to be built at the Mucuri mill in the state of Bahia, Brazil.
The new line will have a capacity of one million t/a of eucalyptus pulp, start-up is scheduled for the third quarter of 2007.
"The receipt of this large order once again confirms Andritzs strong competitive position in South America. After having been selected by CMPC in Q4 2004 and Metsä-Botnia in Q2 2005 as main suppliers for their new pulp mills we are proud that also Suzano, one of the largest integrated pulp and paper producers in Latin America, chose Andritz to provide core systems and equipment for the new pulp line", says Wolfgang Leitner, President and CEO of Andritz.
The final contracts with the equipment suppliers will be signed during the next coming months, and further details will be announced then.
About Andritz Publicly 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 5,600 employees worldwide. It develops and makes its high-tech systems at 15 production sites (Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada, and China).
Disclaimer Certain statements contained in this report constitute "forward-looking statements". These statements, which contain the words "believe", "intend", "expect" and words of similar meaning, reflect managements beliefs and expectations and are subject to risks and uncertainties that may cause actual results to differ materially. As a result, readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to publicly announce the result of any revisions to the forward-looking statements made herein, except where it would be required to do so under applicable law.
end of announcement euro adhoc 04.11.2005 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:
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
Original-Content von: Andritz AG, übermittelt durch news aktuell