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ANDRITZ AG / Arbitration case in Montes del Plata settled
Press Wire ♦
Published: April 28, 2015; 16:20 ♦ (Vindobona)
ANDRITZ Pulp Technologies Punta Pereira S.A., a subsidiary of international technology Group ANDRITZ and Celulosa y Energía Punta Pereira S.A. ("CEPP"), a Joint Venture by Stora Enso and Arauco, have amicably settled the arbitration proceedings between them in connection with several contracts for delivery of equipment and systems for CEPP's Montes del Plata pulp mill. The settlement will not have a material effect on the ANDRITZ Group's earnings, thus ANDRITZ's earnings expectations for the full year 2015 remain unchanged.
ANDRITZ AG / Arbitration case in Montes del Plata settled / Picture: © Vindobona.org
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Justice/Processes
Graz, April 28, 2015. ANDRITZ Pulp Technologies Punta Pereira S.A., a
subsidiary of international technology Group ANDRITZ and Celulosa y Energía
Punta Pereira S.A. ("CEPP"), a Joint Venture by Stora Enso and…
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