Market development
In 2006, project activity in the animal feed sector developed very positively in Eastern Europe and South America, mainly driven by expansion projects of large international vertically integrated meat producers, as well as medium-sized regional companies.
The aquatic feed industry also developed favorably, with both marine and freshwater farming showing high investment activity for plant upgrades as well as new plants, especially in Asia, South America, and Europe.
The pet food extrusion industry also showed good project activity in 2006, mainly in Europe and Latin America.
The market for wood pelleting equipment continued its strong development during the reporting period. High project activity was seen in North America, Europe, and Russia. In addition, the new regions of Southern Europe and South America have also become increasingly active. For industrial pelleting plants for recycling and waste combustion, there was good investment activity, mainly in Europe.