Aker Kvaerner awarded Bayer project in Shanghai

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The DPC project is part of a complex that Bayer is constructing at Shanghai Chemical Industrial Park.  Aker Kvaerner will work as an integrated team under the leadership of Bayer Technological Services Shanghai and with Bayer personnel to execute the work.


John McClellan, President of Aker Kvaerner China commented: "This award is a significant milestone in the development of Aker Kvaerner in China and marks our entry into the Caojing site. We are pleased to be able to continue Aker Kvaerner's global support for Bayer with this project in China."


The Aker Kvaerner unit responsible for the new DPC project is Aker Kvaerner E&C (Shanghai) Co., Ltd (Aker Kvaerner China).


ENDS
 
For further information, please contact:


Graham Green (Mr), Vice President, Business Development, Aker Kvaerner China . Tel: +86 21 5081-8811, Mob: +86 1391 6302 699


John McClellan (Mr), President, Aker Kvaerner China. Tel: +86 21 5081-8811, Mob: +86 1381 6882 995


Torbjorn Andersen (Mr) SVP Group Communications, Aker Kvaerner. Tel: +47 928 85 542


M. Vilasini (Ms) Communications, Aker Kvaerner Asia Pacific. Tel: +65 6871-5141, Mob: +65 9171-3789


AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner span a number of industries, including Oil & Gas production, Refining & Chemicals, Mining & Metals, Power Generation, Pharmaceuticals & Biotechnology, and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately USD 4.5 billion and employs around 21,000 employees in more than 30 countries. The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA.


The Oil, Gas, Process & Energy (OGPE) business area of Aker Kvaerner specialises in the provision of process technology, design, engineering, project management, procurement and construction.  With an annual turnover of US$1.14 billion, the OGPE business employs more than 5,400 people operating worldwide.  It offers the complete range of services that are necessary to realise global projects from conception to start-up.  These services include a portfolio of advanced process technologies, a full range of engineering studies (including bankable feasibility and environmental studies), total project management, engineering and design, procurement, construction, commissioning and maintenance services.
 
Aker Kvaerner China (AKC) maintain two operational offices located in Shanghai and Beijing with over 140 bi-lingual national staff. The company's main business areas include chemicals, polymers, pharmaceuticals and oil & gas projects. AKC also actively seeks work in other business sectors such as metals, mining, water and waste water treatment and transportation projects. AKC possesses the local knowledge, through its in-country operations, and a current and thorough understanding of key issues required to ensure the successful execution of projects in China.


This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com

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