euro adhoc: Andritz AG
other
Andritz to supply core systems for complete
pulp mill to Chinese Tiger Group
28.08.2006 – 08:07
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.08.2006
Graz, 28 August 2006. International Andritz Group received an order from Hunan Tiger Forest & Paper Group Co., Ltd., Changsha, Hunan Province, China to supply the main equipment and technologies for its greenfield pulp mill in Huaihua, Hunan Province. The order value for Andritz is approximately 100 MEUR.
The new mill will produce 400,000 t/y of bleached kraft pulp. The raw material consists of 70% of softwood (masson pine and fir) and 30% of hardwood (alder, poplar, eucalyptus, etc.). Start-up of the mill is scheduled for the First Quarter of 2008.
A decisive factor for the Tiger Group to award the order to Andritz was the capability of Andritz to secure all connecting parameters between the process islands based on proprietary Andritz key technologies for the mill and the experience from similar projects in the past.
Andritzs scope of supply comprises the equipment and technologies for wood handling, cooking, washing, screening and bleaching, pulp drying and bale handling, chemical recovery boiler and evaporation, as well as lime kiln and recausticizing. With the proven Andritz technology and processes the mill fulfils the highest environmental standards and will be extremely energy efficient by maximizing electricity production.
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For further information please contact: Dr. Michael Buchbauer T: +43 316 6902-2979 michael.buchbauer@andritz.com
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 about 9,000 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.
end of announcement euro adhoc 28.08.2006 07:30:00
Further inquiry note:
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