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PRESS RELEASE 23 Dec 2014

Pöyry awarded engineering assignment for Metsä Board Husum new folding boxboard machine project in Sweden

PÖYRY PLC          Press release 23 December 2014 at 12:00 pm (EET).

Pöyry awarded engineering assignment for Metsä Board Husum new folding boxboard machine project in Sweden

Metsä Board has awarded Pöyry with the assignment for engineering consultancy, laser scanning, 3D modelling, detail engineering and site services for the new folding boxboard machine project at their Husum Mill in Sweden. The assignment is a continuation of the pre-feasibility and the pre-engineering services performed by Pöyry and it covers the majority of the required engineering services related to the implementation of the project.

The assignment will be executed during the autumn of 2015 and the new board machine scheduled to start up in the first quarter of 2016. The capacity of the new board machine is approximately 400 000 tonnes per year of folding boxboard.

"This project is a continuation of the long co-operation between Metsä Board and Pöyry, and strengthens Pöyry's position as the world's leading pulp and paper engineering consultancy, having delivered projects for 80% of the world's major pulp and paper companies", says Nicholas Oksanen, President, Industry Business Group.

The value of the order is not disclosed. The order will be recognised within the Industry Business Line order stock in Q4 2014.

Additional information by:

Nicholas Oksanen
President, Industry Business Group.
Tel: +358 10 33 22294

Johan Ehrnrooth
Vice President, Industry Pulp and Paper Europe
Tel: +358 10 33 22570

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2013 were EUR 650 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).