Aker Kvaerner awarded extensive pulp mill rebuilds in Indonesia

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The modernisations include new equipment and process systems and aim to significantly improve quality and environmental aspects of the Jambi and Perawang mills, both originally delivered by Kvaerner Pulping in the mid 1990s.


At Jambi the modernisation involves a rebuild of the cooking plant. At Perawang, the Pulp 8 fiberline's cooking plant will be modernised, while the complete Pulp 9 fiberline will be rebuilt and upgraded.


"Targeting vast improvements and modernising existing equipment with minimal downtime; projects like these are without doubt challenging. With our unique technology, knowledge and experienced, committed staff, they are a challenge we are well suited to." says Per-Åke Färnstrand, President of Kvaerner Pulping.


"The order from APP confirms Kvaerner Pulping's position as the provider of choice for demanding fiberline rebuilds and modernisations, and is a result of the trust APP has in Kvaerner Pulping's technology and our track record in completing projects efficiently and reliably." says Mr Färnstrand.


Under the contract Kvaerner Pulping AB, part of the Aker Kvaerner group, will provide engineering, procurement and supervision (EPS) services. Start-up of the modernised mills is scheduled for the beginning of 2007.


APP is one of the world's leading pulp and paper companies, ranked number one in Asia, excluding Japan. APP recently successfully started up the world's largest fiberline at the greenfield Hainan Jinhai mill in the Peoples' Republic of China, delivered by Kvaerner Pulping.


ENDS
 
For further information please contact:


Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36


Anders Thorén, Communications Manager, Kvaerner Pulping. Tel: +46 54 19 47 66, Mob: +46 703 55 64 22


Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
 
AKER KVAERNER 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 comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. The Aker Kvaerner group is organised into two principal business streams, namely Oil & Gas and E&C, each consisting 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 Kvaerner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.
 
Kvaerner Pulping is a leading supplier of machines, process systems and service to the world-wide pulp and paper industry. Kvaerner Pulping, with headquarters in Karlstad, Sweden, has 630 employees in 12 countries around the world. Kvaerner Pulping is committed to continuously improving its customers' products, productivity and profitability through the delivery of innovative technical solutions. Kvaerner Pulping offers the full range of engineering, procurement and construction services, from single machines to complete fiberlines and white liquor plants.


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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