PRESS RELEASE 11 Mar 2013
Pöyry PLC: Pöyry awarded significant assignment in a pulp mill project in Brazil
PÖYRY PLC Company Announcement 11 of March 2013 at 10.30 a.m.
Pöyry has been awarded an assignment by CMPC Celulose Riograndense for the expansion of the company's Guaiba pulp mill in Rio Grande do Sul state, Brazil. The assignment consists of Engineering, Procurement and Construction Management (EPCM) services for the Balance of Plant (BOP) and involves integrating the different processes of the mill. These engineering and project management services will start immediately. The parties have agreed that the value of the assignment is not disclosed. The project will be included in the Industry Business Group's first quarter 2013 order stock.
The capacity of the new state-of-the-art pulp mill is 1.3 million tonnes per year and the startup of the mill is planned for the first quarter of 2015. The bleached eucalyptus pulp production line is the largest investment in the CMPC history.
Pöyry has been involved in the project since October, 2010 when CMPC awarded Pöyry an assignment for feasibility studies and basic engineering. The company was also awarded a preparatory work for the mill infrastructure. Now Pöyry will be responsible for overseeing that the different parts of the plant will be efficiently developed and connected together. CMPC selected Pöyry for the company's exceptional track record and thought leadership in similar projects. The concept of the mill is based on the use of the best available technologies and the best environmental practices.
The contract further strengthens Pöyry's position as the world's leading engineering solutions provider for the pulp and paper sector.
Additional information by:
Martin Kuzaj, President, Industry Business Group, Finland
Tel. +358 10 33 21179
Marcelo Handro Cordaro, President, Pöyry Tecnologia Ltda., Brazil
Tel. +55 11 3472 7399
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, water and real estate sectors. Pöyry has an extensive local office network employing about 7,000 experts. Pöyry's net sales in 2012 were EUR 775 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
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