ANDRITZ will supply a complete pulp mill to Paracel

EQS-Ad-hoc: Andritz AG / Keyword(s): Miscellaneous
ANDRITZ will supply a complete pulp mill to Paracel

16 August 2022 / 15:02 CET/CEST
Disclosure of privileged information according to. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Graz, August 16, 2022. ANDRITZ International Technology Group and Paracel SA, Paraguay, have signed a contract under which ANDRITZ is to supply all energy-efficient and environmentally friendly processing equipment and pulp production equipment. environment for Paracel’s 1.8 million ton/year pulp mill to be built in Concepción, Paraguay.

ANDRITZ will supply all equipment on an EPC basis. The value of the order for ANDRITZ will be over 1.5 billion US dollars. The contract is expected to be booked in 2023.

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Dr. Michael Buchbauer
Corporate Communications Manager
[email protected]

The international technology group ANDRITZ offers a wide portfolio of innovative plants, equipment, systems and services for the pulp and paper industry, the hydroelectric sector, the metal processing and forming industry, pumps, solid/liquid separation in the municipal and industrial sectors, as well as animal feed and biomass granulation. Installations for the production of electricity, the purification of combustion gases, the recycling and the production of nonwovens and panels complete the global offer of products and services. Innovative products and services in the industrial digitalization sector are offered under the Metris brand and help customers make their factories more user-friendly, efficient and profitable. The listed group has approximately 27,400 employees and more than 280 locations in more than 40 countries.

August 16, 2022 CET/CEST News transmitted by EQS Group AG.