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Andritz has consolidated its position as one of the leading suppliers of equipment for municipal and industrial waste water and sludge treatment facilities. The market for thickening and dewatering equipment showed a slightly positive development with several new projects awarded. However, the market for complete dewatering and drying systems decreased in 2003 due to a lack of funding and subsequent project postponements. This was most notable in Western Europe, but also in North America. Increasing interest was noted from Eastern Europe, not only among the EU membership candidates, but also from Russia and other CIS countries. Certain Asian markets are recovering, namely China, Korea, and Malaysia.
The industrial process market, particularly the coal and minerals processing industry, showed a high level of activity with capital investments in new equipment.
For 2004, the market outlook remains cautious, although a slight recovery of the municipal markets, particularly in North America, may be expected. In Western Europe, municipalities will have to comply with the new EU directive on land-filling which effectively bans disposal of sewage sludge and therefore requires investment in enhanced sludge treatment technologies.
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