Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Andritz AG
  6. News
  7. Summary
    ANDR   AT0000730007

ANDRITZ AG

(ANDR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ANDRITZ : to supply another flue gas desulphurization plant to Tata Projects Limited

07/23/2021 | 02:18am EDT
ANDRITZ to supply another flue gas desulphurization plant to Tata Projects Limited for the thermal power plant in Jojobera India
2021/07/23
International technology Group ANDRITZ has received another order from Tata Projects Limited, India, to supply the process engineering for a complete flue gas desulphurization (FGD) plant, comprising basic engineering and the detailed engineering for the absorber internals and equipment as well as other core components for the Jojobera power plant (output: 4 x 120 MW), near Jamshedpur, East Singhbum District, Jharkhand State, India.

Start-up is scheduled for the first half of 2023.

For desulphurization purposes, the exhaust gas is washed in counter-current flow with a limestone suspension, reducing the content of SO2 and other acidic components to concentrations in line with the current environmental requirements. With further oxidation, process gypsum can be produced that is either landfilled or sold to the construction industry.

ANDRITZ has comprehensive experience with FGD technologies and many successful references around the world. This project is another important step towards establishing ANDRITZ's flue gas treatment technology on the Indian market.

- 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 26,950 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.

Spray bank

© ANDRITZ

Disclaimer

Andritz AG published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 06:17:05 UTC.


© Publicnow 2021
All news about ANDRITZ AG
09/07ANDRITZ : receives follow-up order from Kastamonu Entegre, Turkey, for a new MDF..
PU
09/06ANDRITZ : to supply 10th high-efficiency PowerFluid circulating fluidized bed bo..
PU
09/02ANDRITZ : to supply synchronous condensers for EnergyConnect, Australia
PU
09/01ANDRITZ : at INDEX20
PU
09/01ANDRITZ : to supply tissue plant to Astrabel, Croatia
PU
08/17ANDRITZ : to supply chip storage system to Visy Pulp & Paper, Tumut mill, Austra..
PU
08/04ANDRITZ : to completely rehabilitate Kopili hydropower plant, India
PU
08/03ANDRITZ : signs cooperation agreement on textile recycling with CIRC
PU
08/02ANDRITZ : Results for Q2 and H1 2021
AQ
08/02ANDRITZ : to supply a complete textile recycling line to Renaissance Textile in ..
PU
More news
Analyst Recommendations on ANDRITZ AG
More recommendations
Financials
Sales 2021 6 546 M 7 711 M 7 711 M
Net income 2021 315 M 371 M 371 M
Net cash 2021 280 M 330 M 330 M
P/E ratio 2021 15,8x
Yield 2021 2,81%
Capitalization 4 826 M 5 677 M 5 685 M
EV / Sales 2021 0,69x
EV / Sales 2022 0,64x
Nbr of Employees 26 711
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
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 48,62 €
Average target price 56,10 €
Spread / Average Target 15,4%
EPS Revisions
Managers and Directors
Wolfgang Leitner 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 AG29.72%5 677
ATLAS COPCO AB42.29%80 493
FANUC CORPORATION3.69%45 988
TECHTRONIC INDUSTRIES COMPANY LIMITED46.02%38 053
PARKER-HANNIFIN CORPORATION6.53%37 380
SANDVIK AB7.90%31 554