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STOCK EXCHANGE RELEASE 13 Jan 2011

Pöyry awarded EUR 8.4 million pulp mill engineering contract in Brazil

PÖYRY PLC          Company Announcement 13 January 2011 at 10.15 a.m.

 

Pöyry's Industry Business Group has been awarded a basic and detailed engineering contract by Eldorado Celulose e Papel Ltda for the Balance of Plant(BOP) of the 1.5 million t/a bleached eucalyptus market pulp mill to be built in Mato Grosso do Sul state, Brazil. The assignment also includes the suppliers' document management. The value of Pöyry's contract is about 8.4 million EUR. The duration of Pöyry's engineering services is about 14 months.

 

The contract is a continuation of the pre-engineering and preparatory work for the mill infrastructure that Pöyry was awarded in early 2010 (see stock exchange release of 31 March, 2010).

 

The concept of the mill is based on the use of the best available technologies and the best environmental practices, which constitute the state-of-the-art level. The technical-environmental criteria established for this project are based on international norms and standards and, mainly, on the Brazilian experience, which will make it possible for the mill to produce more with less use of natural resources, low production costs, progressive environmental impact reduction and minimum work accident risks.

 

The contract strengthens Pöyry's position as the leading engineering solutions provider for the pulp and paper sector in the world.

 

PÖYRY PLC

 

Additional information by:
Martin Kuzaj, President, Industry Business Group, Finland
Tel. +358 10 33 21179
Marcelo Handro Cordaro, President, Pöyry Tecnologia Ltda., Brasilia
puh. +55 11 3472 7399

 

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7000 experts and the local office network 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).

 

DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.poyry.com