STOCK EXCHANGE RELEASE 2 Feb 2010
Pöyry awarded board mill engineering for SAICA in the UK
PÖYRY PLC Company Announcement 2 February 2010 at 9.45 a.m.
Pöyry has been awarded an engineering contract by SAICA Containerboard UK Ltd for one of the world's most advanced recycled paper mills to be built at Partington Wharfside, near Manchester, UK. The value of Pöyry's assignment is about EUR 5 million. Pöyry's assignment includes complete plant and civil engineering for the paper mill and stock preparation.
The new PM11 will produce 425 000 t/a of high performance lightweight fluting and testliner grades to be used in the manufacture of corrugated boxes. The 100 per cent recycled fibre-based PM incorporates the best available boardmaking technology including low energy and fresh water consumption. The new PM is scheduled to start up at the beginning of 2012.
This assignment is a continuation to previous good cooperation between SAICA and Pöyry in a number of projects in Spain and it further strengthens Pöyry's position as the leading engineering solutions provider for the boardmaking industry.
SAICA is the biggest Spanish paper and board manufacturer and one of the most environmentally efficient companies in Europe. It has paper machines in Zaragoza and El Burgo de Ebro in Spain and in France.
Additional information by:
Esa Ikäheimonen, CFO, Pöyry PLC
Tel. +358 10 33 21586
Pekka Eskelinen, Executive Vice President, Pöyry Finland Oy
Tel. +358 10 33 23636
Pöyry is a global consulting and engineering company dedicated to balanced sustainability. We offer our clients integrated management consulting, total solutions for complex projects, best-in-class design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Locally and globally our 7000 experts serve our clients in about 50 countries. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
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