Last €38.97 EUR
Change Today +0.125 / 0.32%
Volume 154.7K
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As of 12:45 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

andritz ag (ANDR) Snapshot

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11/13/13 - €48.75
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10/16/14 - €35.92
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andritz ag (ANDR) Details

Andritz AG, through its subsidiaries, provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. The company’s Hydro segment supplies electromechanical equipment, such as turbines and generators; and pumps for the pulp and paper industry, and drinking water supply. Its Pulp and Paper segment provides plants and services for the production of various types of pulp, paper, board, tissue, and medium-density fiberboard; biomass boilers for power generation; and plants for the production of nonwovens, dissolving pulp, plastic films, and panel boards. The company’s Separation segment offers plants, equipment, and services for solid/liquid separation, including centrifuges, filters, thermal systems, screens, thickeners, separators, and conveying equipment, as well as torrefaction of biomass for municipal and industrial wastewater treatment, mining and mineral processing, chemical, and food and beverages industries. This segment also provides plants, equipment, and services for the production of animal feed and biomass pellets primarily wood pellets. Its Metals segment offers lines for the production and processing of stainless steel comprising equipment for cold rolling, heat treatment, surface finishing, strip coating and finishing, punching and deep drawing, and for regeneration of pickling acids. This segment also provides lines for the production and processing of carbon steel and non-ferrous metal strip; and resistance welding equipment for the metalworking industry, as well as turnkey furnace systems for the steel, copper, and aluminum industries. It operates primarily in Europe, North America, South America, and Asia. Andritz AG was founded in 1852 and is headquartered in Graz, Austria.

24,126 Employees
Last Reported Date: 08/7/14
Founded in 1852

andritz ag (ANDR) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €1.3M
Member of Executive Board
Total Annual Compensation: €853.8K
Member of the Executive Board
Total Annual Compensation: €576.6K
Member of Executive Board
Total Annual Compensation: €575.9K
Compensation as of Fiscal Year 2013.

andritz ag (ANDR) Key Developments

Riikinvoima Selects Andritz to Supply Waste-To-Energy Power Plant in Finland

Riikinvoima Oy has selected ANDRITZ to supply a waste-to-energy power plant to Leppavirta, Finland. Start-up is scheduled for the fourth quarter of 2016. The new plant is designed to treat 145,000 tons of waste per year coming from eight local waste management companies. The design capacity is 16 megawatts for electricity and 38 megawatts for district heating. ANDRITZ will supply a circulating fluidized bed boiler, waste fuel treatment and flue gas cleaning systems, a steam turbine, electrification, automation, and auxiliary systems. The high efficiency of the boiler plant and the ANDRITZ technology to enhance environmental protection were decisive in the award of this order.

Andritz AG Introduces New Belt Press for Dewatering

Andritz AG introduced a new belt press for dewatering in municipal and industrial applications. The belt press is based on low-profile design and flexible modular construction. The main benefit of the new belt press is that size and weight were reduced by around 50% each compared to the previous machine generation. This means lower investment costs for the customer but achieving the same machine performance. Another advantage is easier access to the machine. With an overall height of only 150 cm (approximately 60"), the gravity zone is at the ideal working height, resulting in reduced time and costs for operating and maintenance work, as well as increasing the availability of the machine.

Andritz Wins Order from Oklahoma Gas and Electric Company for Dry Flue Gas Desulphurization Systems

Andritz has received an order from Oklahoma Gas and Electric Company, or OG&E, to supply circulating, dry flue gas desulphurization systems for OG&E's two 569-megawatt coal-fired boilers at the Sooner power station near Red Rock, Oklahoma, USA, as part of its efforts to comply with the US Environmental Protection Agency's Regional Haze Rules. Start-up is scheduled for 2018. The scope of supply comprises design, engineering, manufacture, supply, and start-up of two new Turbo CDS (Circulating Dry Scrubbing) systems from ANDRITZ Environmental Solutions, including fabric filters and auxiliary equipment, providing high air-quality performance, operating reliability, equipment durability, and ease of process control.


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