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Andritz releases h1 2014 results

Published on 9 August, 2014, Last updated at 04:56 GMT
Andritz releases h1 2014 results

ANDRITZ h1 2014 financial report showed the companys feed division performing well.

Investment activity for solid/liquid separation equipment (which its feed machinery is included in) saw varied development in the industries served by ANDRITZ during the second quarter of 2014.

In the animal feed industry, project activity for the company was good, both for mill expansion projects and greenfield plants, with strong activity in Latin America and Europe.

The special feed area, which includes the production of aquafeeds and pet food, also showed good project activity in Asia, Latin America, and the Mediterranean region.

In the biomass pelleting sector, project activity for the company remained solid.

In the animal feed sector, a number of orders for new feed process lines were received from Asia and Latin America during the reporting period.

Several customers in Europe ordered new machines to replace old machinery and thus to achieve higher performance and efficiency.

From the aquatic feed industry, orders were placed for new equipment by customers in Asia and Europe.

Orders for biomass pelleting equipment were secured in Latin America, North America, South East Asia, and Europe.

These include another order from a European customer for a large ANDRITZ BioMax mill with an hourly capacity of twelve tons of wood pellets.


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