PRESS RELEASE 1 Jul 2005
JAAKKO PÖYRY GROUP AWARDED FIBRE LINE ENGINEERING SERVICES CONTRACT IN JAPAN
JP Engineering Ltd, which is a part of the Jaakko Pöyry Group's Forest Industry business group, has been commissioned by Andritz Ltd to provide engineering services for a fibre line to be delivered to Marusumi Paper in Japan. With a production capacity of 252 000 t/a, the new line will replace the mill's existing 100 000 t/a fibre line. The new fibre line is scheduled for start-up in the second quarter of 2007.
The value of JP Engineering's contract is about EUR 1.0 million. In addition, it includes several options.
The project is a continuation of the longstanding co-operation between Andritz Ltd and the Jaakko Pöyry Group in pulp and paper industry projects.
The Jaakko Pöyry Group's Forest Industry business group operates under the brand name Jaakko Pöyry. Its net sales for 2004 were EUR 186 million. The Forest Industry business group has offices in 19 countries and employs 2100 experts worldwide.
JAAKKO PÖYRY GROUP OYJ
Deputy to President and CEO
Additional information by:
Tapio Aalto, President, Business Area European Offices
Tel. +358 9 8947 3401
Pekka Eskelinen, Vice President, JP Engineering Ltd
Tel. +358 9 8947 3636