EANS-Adhoc: ANDRITZ to supply equipment for Fibria's Horizonte 2 pulp mill
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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
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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