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Andritz AG

euro adhoc: Andritz AG
Andritz receives large follow-up order for extension of a stainless steel plant in China (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Graz, 29 September 2004. International technology group Andritz
received a large follow-up order from Lianzhong Stainless Steel, a
member of Taiwanese Yieh Group, for the extension of the new steel
mill in Guangzhou, China.  In 2003, Andritz had received an order to
build the world’s largest stainless steel hot strip annealing and
pickling line for the same customer.  The project is currently
underway.  The recent order relates to a stainless steel cold strip
annealing and pickling line with an annual capacity of approx.
250,000 t.
The Andritz Group will be responsible for engineering, a large part
of the equipment supplies, supervision of installation, and start-up
of the cold strip annealing and pickling line.  The mechanical
equipment will be supplied by Sundwig GmbH, Hemer, Germany, the
thermal equipment by Thermtec BV, Rotterdam, Netherlands, and the
pickling line will be supplied by Andritz AG, Vienna, Austria.  All
three companies are members of the Andritz Rolling Mills and Strip
Processing Lines Business Area.
Delivery is scheduled for August 2005, with production of the first
strip expected in July 2006.
With this order, international Andritz Group has further consolidated
its position as a comprehensive supplier of complex systems and as
the technology leader for stainless steel mills.
About the Andritz Group
Publicly listed Andritz Group is a global market leader for advanced
production systems for pulp and paper, steel and other specialized
industries.  As of June 30, 2004, Andritz had a staff of 4,885
employees worldwide.  It develops and makes its high-tech systems at
16 production sites (Austria, Germany, Finland, Denmark, France,
Netherlands, USA, Canada, and China).
Disclaimer
Certain statements contained in this press release constitute
"forward-looking statements". These statements, which contain the
words "believe", "intend", "expect" and words of similar meaning,
reflect management’s beliefs and expectations and are subject to
risks and uncertainties that may cause actual results to differ
materially. As a result, readers are cautioned not to place undue
reliance on such forward-looking statements. The Company disclaims
any obligation to publicly announce the result of any revisions to
the forward-looking statements made herein, except where it would be
required to do so under applicable law.
end of announcement        euro adhoc 29.09.2004

Further inquiry note:

Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN:
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official dealing

Original-Content von: Andritz AG, übermittelt durch news aktuell

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