Aker Kvaerner contract for another major acid plant

JSC Kazakhmys Corporation, the world's 9th largest copper producer is committed to an environmental clean up of its Balkhash copper smelter reducing sulphur dioxide emissions by almost 2.5 million kg/per day.

JSC Kazakhmys selected Chemetics to supply the acid plant based on evaluated technical and commercial merits. Chemetics experience and reputation of offering first class sulphuric acid technology to the world's base metals producers, combined with reliable project execution helped to secure this contract and firmly establish its position as the world's leading acid plant contractor.

The new contract includes a 3850 metric tonnes per day, single train metallurgical sulphuric acid plant. The project will be managed from Chemetics' office in Vancouver, Canada, where it will also carry out the majority of the engineering.

JSC Kazakhmys is a vertically integrated copper producer operating several mines and concentrators throughout Kazakhstan plus two world scale smelters in Balkhash and Zhezkazgan, producing in excess of 400 thousand tonnes of copper cathodes annually.

For further information, please contact:
George Miller (Mr) - Direct Line (+1) 416 447 0071
Vice President, Marketing, Chemetics Equipment
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
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, Pharmaceuticals & Biotechnology, Power Generation 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.
Oil, Gas, Process & Energy executes technology development, engineering and construction services for industries as diverse as Oil & Gas Onshore and Offshore Developments, Chemicals & Polymers, Pharmaceuticals, Government Services, and Mining & Metals. With an annual turnover of US$1.14 billion, Oil, Gas, Process & Energy (OGPE) business area of Aker Kvaerner employs more than 5,400 people operating worldwide.
Chemetics is a process technology company offering engineered systems, proprietary equipment, and complete turnkey plants, to the chemical, water treatment, fertiliser, pulp and paper and non-ferrous metals industries world-wide. We provide innovative processes that enhance performance and productivity while protecting the environment. Our cost-effective solutions result in plants that are safe, reliable, efficient and environmentally acceptable. To maintain our leadership position, we are constantly refining our technologies and developing our know-how through significant R&D expenditures to ensure that our products and services continue to meet the needs of the customers and industries we serve.

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