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PRESS RELEASE 5 May 2009

Pöyry awarded permitting services for greenfield mineral wool plant in Russia

PÖYRY PLC          Press release 5 May 2009 at 3.00 p.m.
 
Pöyry has been awarded a permitting services contract by Paroc Oy Ab, Finland, for a greenfield mineral wool plant in Chudovo, Russia. The project comprises assistance in the permitting process as well as documentation and project management services for implementation and commissioning of the plant. After the contract signing Pöyry will record EUR 1.5 million to the orderstock.
 
Commercial production of the mineral wool plant will start once the market conditions in Russia have been normalized. The assignment further supports Pöyry's position as a Russian local engineering and permitting services provider.
 
Paroc Oy Ab is a part of Paroc Group. Paroc Group is a leading European manufacturer of energy efficient insulation products and solutions. The PAROC product range includes building insulation, technical insulation, marine insulation, structural mineral wool sandwich panels and acoustics products.
 
Pöyry is a global expert in consulting and engineering. We offer our clients in-depth industry expertise, innovative solutions and lifecycle engagement. Our knowledge extends across hydropower, oil and gas, power and heat, renewable energy, pulp and paper industry, chemical process industry, transportation, water and environment, and construction services. We have about 7500 experts at our service in 49 countries.
 
PÖYRY PLC
 
Satu Perälampi
Vice President, Corporate Communications and IR
 
Additional information by:
Jarmo Suominen, President, Business Area Chemical Process Industry
tel. +358 10 33 22200
 
 
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