"This order clearly demonstrates the strength of Aker Kvaerner's technology and capabilities within the pulp and paper industry, and is one of the biggest orders ever in this area for Aker Kvaerner. It marks yet another important reference on the fast growing South American market," says Inge K. Hansen, President & CEO of Aker Kvaerner.

The contract is part of Suzano's expansion project consisting of a new bleached kraft pulp line at the existing Mucuri mill, at the southern tip of Bahia state. The new line will increase the mill's pulp production by one million tons/year, using eucalyptus as raw material.

Aker Kvaerner will provide engineering, procurement and construction services (EPC) under the new contract. Start-up is scheduled for the third quarter of 2007.

Kvaerner Pulping, part of the Aker Kvaerner group, will deliver the cooking plant, featuring the state-of-the-art Compact Cooking technology, as well as the white liquor plant. With a capacity of 10,000 m3 per day the white liquor plant will be the biggest single-line in the world.

Kvaerner Power, part of the Aker Kvaerner group, will deliver a new recovery boiler, a recovery boiler modernisation and a new evaporation plant. The new recovery boiler rated at 4,700 tons dry solids per day (t ds/d), will be among the largest in the world. The recovery boiler (3,400 t ds/d) to be modernised was originally delivered by Kvaerner Power in 1990. The new evaporation plant has a capacity of 1,100 tons of evaporated water per hour.

ENDS

 

For further information please contact:

Media:
Stein Inge Liasjo, VP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 94, Mob: +47 4640 2353

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

Terttu Tuominen, Communications Manager, Kvaerner Power. Tel: +358 20 141 2440,
Mob:  +358 40 501 1415.

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 .

 

Kvaerner Power is the leading chemical recovery equipment supplier in the world with its 300 recovery boilers and 300 evaporation unit deliveries. Kvaerner Power is also a forerunner in large scale fluidized bed combustion for pulp and paper industry and power producers. Approximately 200 power boilers in operation testify to the expertise in fluidized bed technology with demanding fuels. Kvaerner Power has designed and manufactured the world's largest recovery units and biomass-fired fluidized bed boilers. Kvaerner Power with main operations in Finland, Sweden, USA and Brazil has annual revenues of approximately EUR 400 million and it employs 1400 people worldwide.

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