21st Austria weekly - Lenzing FACC RHI Magnesita Valneva Frequentis Andritz Addiko 05/05/2021 [pic1]Lenzing: Fibers producer Lenzing Group had a clearly positive revenue and earnings development in the first quarter of 2021. Revenue rose by 4.9 percent to Euro 489.3 mn This is mainly attributable strong increase demand from China resulting higher viscose prices. The focus on wood-based specialty fibers impact development; share fiber 72.2 72.6 percent. negative more unfavorable currency effects was consequently than offset. essentially reflects revenue. continued structural improvements all regions reinforced this effect. EBITDA earnings before interest tax depreciation amortization increased 36.8 94.5 Net profit for period amounted 29.9 01-03/2020: 17.7 mn.Lenzing: performance: 2.00% FACC: Following severe slump brought Covid-19 pandemic previous year aviation market visibly stabilizing FACC
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Valmet to deliver key pulp technology to Nine Dragons in China
HELSINKI, March 9, 2021 /PRNewswire/ Valmet has received several pulp technology orders from Nine Dragons to its pulp mills in China. The deliveries include fiberlines and core components for recovery boilers and lime kilns. The deliveries will be done in phases and the start-ups are scheduled for 2022 and 2023.
The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 100 million. The order was included in Valmet s orders received of the fourth quarter 2020. We at Nine Dragons are developing our production portfolio and building pulp mills to support our new and existing paper machines with high quality raw material. We chose Valmet based on our good previous experiences and the capability to meet our requirements, says