27.03.2022, 1980 Zeichen

Andritz: International technology group Andritz, headquartered in Austria, has successfully started up the rebuilt PM2 kraftliner paper machine for Cartiera Giacosa S.p.A. at their mill in Front Canavese, Italy, and has received a follow-up order to further improve its performance. The PM2 has a design speed of 400 m/min and a working width of 3 m. It produces kraftliner in the range of 170 to 225 gsm for laminated sheets used in furniture applications. Marco Roscio, CEO of Cartiera Giacosa, says: “Thanks to this successful rebuild we can now produce our kraftliner more efficiently and more sustainably. We recognized that our PM2 offers further potential for improvement, especially in terms of better quality and better profiles – so no wonder that we partnered again with Andritz.”
Andritz: weekly performance: -3.35%

voestalpine: The Supervisory Board of voestalpine AG took the first important decision on its path from the coal-based blast furnace route to steel production using electric arc furnaces powered by green electricity: in summer 2022 the Group will start clearing the necessary construction areas and converting infrastructure at its two sites in Linz and Donawitz. The estimated investment costs during this first phase fall in the low triple-digit million-euro range. Next year the Supervisory Board will take the final decision to invest in the two electric arc furnaces (EAF), construction of which will begin in 2024. By early 2027, one electric arc furnace at each Linz and Donawitz site should commence operations. From today’s standpoint, the total investment costs will run to around one billion euros. Converting to EAFs allows carbon emissions to be significantly reduced, by around 30 percent. This corresponds to a saving of around 3 to 4 million tons of CO₂ a year, or almost 5% of Austria’s annual carbon emissions.
voestalpine: weekly performance: 0.58%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (22/03/2022)

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