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EANS-News: ANDRITZ to supply new pickling and galvanizing line and acid regeneration plant with ECOmode to Prosperity Tieh, Taiwan

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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.
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Company Information

Graz - May 7, 2021. International technology Group ANDRITZ has received an order
from Prosperity Tieh, Taiwan, to supply a new high-capacity pickling and
galvanizing line for hot-rolled carbon steel strip. Start-up of the line is
planned for mid-2023.

The ANDRITZ scope of supplies and services includes the terminal equipment, a
laser welder and a side trimmer at the inlet, a scale breaker, the pickling
section, skin-pass mill #1, a direct-fired furnace (DFF) for heat-to-coat
operation, the galvanizing section, skin-pass mill # 2 with tension leveler, the
chemical coaters with drying section, and the electrical and automation
equipment for the complete line.

The delivery will include the following sustainable ANDRITZ solutions:

* A new acid regeneration plant (ARP) to recycle the waste acid from the
  pickling line - including the proven ANDRITZ ECOmode process which reduces CO2
  emissions from the ARP by 25%.

* A heat recovery system for the furnace that will use hot exhaust gases from
  the furnace to heat the air needed for the drying process in the coating
  section.

* After heat recovery, the main off-gas streams from the DFF and ARP are
  combined for exhaust gas treatment using a DeNOx system to minimize the NOx
  levels in the exhaust gas. The dryer exhaust gas system in the post-treatment
  section is equipped with VOC treatment (volatile organic compound emissions).


With ANDRITZ's state-of-the-art, sustainable technologies, this line will
produce hot-dip galvanized (GI) or ZM-coated /(zinc-aluminum-magnesium) flat
steel. ANDRITZ will also provide consultancy on the production of ZM-coated
material.

This order confirms the long-lasting, good relationship between ANDRITZ and
Prosperity Tieh. In 2004, ANDRITZ delivered and successfully commissioned a
push-pickling line with ARP and in 2018, a 4-high cold-rolling mill to
Prosperity Tieh. Additionally, ANDRITZ has performed various upgrades and
modernizations on existing lines.

Established in Taiwan in 1985, Prosperity Tieh Enterprise Co. Ltd (PTEC) evolved
from a traditional stripping, shearing, pipe and washer pressing mill to a
manufacturer of professional hot-dip galvanized and pre-painted steel.

- 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 METALS
ANDRITZ Metals is - via the Schuler Group - one of the world's leading suppliers
of technologies, plants and digital solutions in metal forming. The product
portfolio also includes automation and software solutions, process know-how and
service.
In the metals processing segment, the business area offers innovative and
market-leading solutions for the production and processing of flat products, for
welding systems and furnaces, as well as services for the metals processing
industry.





Further inquiry note:
Dr. Michael Buchbauer
Head of Corporate Communications
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
ISIN:         AT0000730007
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

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