1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Andritz AG
  6. News
  7. Summary
    ANDR   AT0000730007

ANDRITZ AG

(ANDR)
  Report
Real-time Estimate Tradegate  -  09:11 2022-07-05 am EDT
37.76 EUR   -1.20%
04:43aANDRITZ : to supply complete stock preparation line for wastepaper and special grades to Steinbeis Papier GmbH, Germany
PU
02:03aANDRITZ : to supply third pressurized refining system to Shandong Canfield Wood Industry, China
PU
07/04ANDRITZ : Guangxi Chongzuo Lelin Forestry Development produces first fibers with the world's largest pressurized refining system
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

ANDRITZ : to convert paper machine from newsprint to packaging paper production for Volga Pulp and Paper Mill, Russia

09/21/2021 | 01:52am EDT
ANDRITZ to convert paper machine from newsprint to packaging paper production for Volga Pulp and Paper Mill, Russia
2021/09/21
International technology Group ANDRITZ has received an order from Volga Pulp and Paper Mill in Balakhna, Nizhnij Novgorod Region, Russia, to supply a new OCC line as well as to convert its PM 6, a newsprint paper machine, to a packaging paper machine.

Start-up is scheduled for the spring of 2023.

After the conversion, PM 6 will produce packaging paper from a unique mix of OCC and TMP fibers - a groundbreaking raw material composition for the production of packaging paper. Volga Pulp and Paper Mill is currently producing packaging paper from 100% TMP fibers and has now opted for this innovative solution to save resources. The rebuilt PM 6 will have an annual production capacity of 140,000 tons and a design speed of up to 720 m/min, producing lightweight fluting and testliner in the range of 65-120 gsm. The rebuild includes the paper machine approach flow system, the forming, press and dryer sections, including the steam and condensate system, a new PrimeFilm film press, some of the paper machine drives, as well as the complete tail threading system and the slitter rewinder.

The new OCC line will process local OCC (Old Corrugated Containers) and feature a capacity of 400 bdmt/d. ANDRITZ will supply all of the main equipment, from bale receiving to the dump chest, including a FibreFlow Drum pulper (type FFD350EE), which is a complete pulping system in one unit. The new drum pulper will ensure superior accept quality thanks to the gentle pulping concept and efficient removal of coarse contaminants with minimum fiber loss. Furthermore, the drum pulping technology is a perfect match for the upcoming changes in raw material and for furnish with increasing reject content. The OCC line will be delivered with an extended scope, including fractionation, screening, cleaning, and pumps as well as automation and electrification equipment with a DCS from ANDRITZ.

The ANDRITZ scope includes supervision of the mechanical installation work, commissioning, and start-up assistance.

In 2020, Volga Pulp and Paper Mill successfully started up a new TMP line supplied by ANDRITZ. This repeat order further strengthens the fruitful long-term relationship between the two companies.

CEO of Volga Pulp and Paper Mill Sergey Pondar says: "The smooth start-up of our TMP line one year ago convinced us that ANDRITZ would once again be the right partner for us. The conversion of PM 6 will be an even more ambitious project, especially in view of the tight time frame."

JSC Volga is one of the largest Russian newsprint producers and mainly uses 100% TMP as furnish. The company is also one of the top 200 exporting companies in Russia, ranking among the top 50 companies in the Russian forestry industry and the top 100 companies in the Nizhnij Novgorod region.

- End -

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems and services for the pulp and paper industry, the hydropower sector, the metals processing and forming industry, pumps, solid/liquid separation in the municipal and industrial sectors, as well as animal feed and biomass pelleting. Plants for power generation, flue gas cleaning, recycling, and the production of nonwovens and panelboard complete the global product and service offering. Innovative products and services in the industrial digitalization sector are offered under the brand name Metris and help customers to make their plants more user-friendly, efficient and profitable. The publicly listed group has around 26,700 employees and more than 280 locations in over 40 countries.

ANDRITZ PULP & PAPER
ANDRITZ Pulp & Paper provides equipment, systems, complete plants and services for the production of all types of pulp, paper, board and tissue. The technologies and services focus on maximum utilization of raw materials, increased production efficiency and sustainability as well as lower overall operating costs. Boilers for power generation, flue gas cleaning systems, plants for the production of nonwovens and panelboard (MDF), as well as recycling and shredding solutions for various waste materials also form a part of this business area. State-of-the-art IIoT technologies as part of Metris digitalization solutions complete the comprehensive product offering.

ANDRITZ FibreFlow Drum pulper

© ANDRITZ

Disclaimer

Andritz AG published this content on 21 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 05:51:02 UTC.


© Publicnow 2021
All news about ANDRITZ AG
04:43aANDRITZ : to supply complete stock preparation line for wastepaper and special grades to S..
PU
02:03aANDRITZ : to supply third pressurized refining system to Shandong Canfield Wood Industry, ..
PU
07/04ANDRITZ : Guangxi Chongzuo Lelin Forestry Development produces first fibers with the world..
PU
07/01ANDRITZ : to supply production technology and key process equipment to Nanning Sun Paper, ..
PU
06/30ANDRITZ : Groundbreaking ceremony for Nenggiri Hydroelectric Power Plant, Malaysia –..
PU
06/30Andritz AG acquired BONETTI S.p.A.
CI
06/29ANDRITZ : to supply two PMA systems and LC refining to Dongfang Smart Energy, China
PU
06/28DD : Andritz AG : Notification and public disclosure of transactions by persons
EQ
06/28ANDRITZ : presents the world's first nonwovens pilot line for wipes with integrated wetlai..
PU
06/27ANDRITZ : to supply batt forming equipment for a PTFE line to YANPAI, China
PU
More news
Analyst Recommendations on ANDRITZ AG
More recommendations
Financials
Sales 2022 6 898 M 7 194 M 7 194 M
Net income 2022 360 M 375 M 375 M
Net cash 2022 344 M 359 M 359 M
P/E ratio 2022 10,9x
Yield 2022 4,65%
Capitalization 3 791 M 3 954 M 3 954 M
EV / Sales 2022 0,50x
EV / Sales 2023 0,43x
Nbr of Employees 27 108
Free-Float 63,9%
Chart ANDRITZ AG
Duration : Period :
Andritz AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANDRITZ AG
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 38,22 €
Average target price 58,50 €
Spread / Average Target 53,1%
EPS Revisions
Managers and Directors
Joachim Schönbeck President & Chief Executive Officer
Norbert Nettesheim Chief Financial Officer
Christian Nowotny Chairman-Supervisory Board
Andreas Martiner Member-Supervisory Board
Georg Auer Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
ANDRITZ AG-15.78%3 954
ATLAS COPCO AB-39.01%43 429
PARKER-HANNIFIN CORPORATION-21.71%31 972
FANUC CORPORATION-12.92%30 011
SANDVIK AB-33.29%20 421
TECHTRONIC INDUSTRIES CO. LTD.-45.07%19 935