Aker Kvaerner to supply world's largest cooking plant to Asian pulp mill

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7 November  2006 - Aker Kvaerner has received an order for the delivery of what will become the world's largest cooking plant to a pulp mill in Asia. By request of the client the contract value is not disclosed.


Kvaerner Pulping, part of the Aker Kvaerner group, is to provide the cooking plant featuring the state-of-the-art Compact Cooking(TM) G2 technology. Scope includes engineering, procurement and construction supervision services.


"Despite fierce competition, once again our environmentally friendly and cost-effective technology solutions, combined with our well-reputed project execution capabilities, demonstrate our position as the preferred supplier regarding technology for cooking pulp. These orders mark yet another important milestone for our presence in the growing Asian market," says Per-Åke Färnstrand, President at Kvaerner Pulping.


The project commences shortly and start-up is scheduled for the third quarter of 2008.


ENDS
 
For further information, please contact:
 
Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
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
 
Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact:
Peter Lindegren, Kvaerner Pulping Supply Management. Tel: +46 705 55 72 42
 
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 comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, 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 Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 41.4 billion and employs approximately 24 000 people in more than 30 countries.


Aker Kvaerner is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 50 000 employees and NOK 80 billion revenues. Aker owns 50.01 per cent of Aker Kvaerner, and the group is also a major European shipbuilder and a significant participant in the fisheries industry.
 
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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