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Written by / Agency / Source: ANDRITZ AG
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ANDRITZ Acquires Parts of Air Quality Control System (AQCS) Business from GE Steam Power - International technology group ANDRITZ has signed an agreement with GE Steam Power to acquire parts of their Air Quality Control System (AQCS) technology, including the technology center in Växjö, Sweden - GE.com / ANDRITZ.com
ANDRITZ Acquires Parts of Air Quality Control System (AQCS) Business from GE Steam Power

 

NewswireToday - /newswire/ - Graz, Austria, 2021/07/01 - International technology group ANDRITZ has signed an agreement with GE Steam Power to acquire parts of their Air Quality Control System (AQCS) technology, including the technology center in Växjö, Sweden - GE.com / ANDRITZ.com. Reuters: ANDR.VI

   
 
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Closing of the transaction was reached on 1st of July 2021.

ANDRITZ takes over the product portfolio for industrial dedusting (electrostatic precipitators - ESP, fabric filters (FF) and wet ESP), dry/semi-dry flue gas treatment, and industrial scrubbing, including condensation scrubbers and low-temperature heat recovery solutions. The acquisition also includes the AQCS main location in Växjö, Sweden, as well as employees involved in this business in Sweden and Finland. ANDRITZ acquires the respective intellectual property (IP), including patents, references, and trademarks, for global use with some exceptions. For parts, upgrade & service business in India, Bangladesh, Sri Lanka, the USA, and Canada as well as for FGD products in India, Bangladesh and Sri Lanka GE Steam Power (ge.com/steam-power) will continue business as a licensee of ANDRITZ.

The dedusting portfolio acquired especially the ESP and FF technologies completes ANDRITZ’s air pollution control capabilities in the important pulp, metals, mining, and power markets.

ANDRITZ is now able to offer ESPs and Switch-Integrated Rectifier (SIR) technology from a single source, thus gaining access to service and maintenance business for an installed base of more than 2000 plants.

About ANDRITZ GROUP

International technology group ANDRITZ (andritz.com) 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.

About ANDRITZ PULP & PAPER

ANDRITZ Pulp & Paper provides equipment, systems, complete plants and services for the production of all types of pulp, paper, board and tissue. The technologies and services focus on maximum utilization of raw materials, increased production efficiency and sustainability as well as lower overall operating costs. Boilers for power generation, flue gas cleaning systems, plants for the production of nonwovens and panelboard (MDF), as well as recycling and shredding solutions for various waste materials also form a part of this business area. State-of-the-art IIoT technologies as part of Metris digitalization solutions complete the comprehensive product offering.

 
 
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Written by / Agency / Source: ANDRITZ AG

 
 

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ANDRITZ Acquires Parts of Air Quality Control System (AQCS) Business from GE Steam Power

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Publisher Contact: Michael Buchbauer - ANDRITZ.com 
+43(316) 501 0 michael.buchbauer[.]andritz.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ANDRITZ AG securities in any jurisdiction including any other companies listed or named in this release.

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