Aker Kvaerner wins recovery boiler contract in Chile
Kvaerner Power will supply a large RECOX(TM) recovery boiler to Celulosa Arauco y Constitución S.A.'s greenfield pulp mill in Itata, Central Chile. The recovery boiler will be completed by the end of 2005. The Itata mill will produce market pulp from eucalyptus and pine.
Celulosa Arauco y Constitución, the biggest pulp producer in Chile with three mills in Chile and one in Argentina, has chosen Kvaerner Power as its boiler supplier four times during the last 24 months.
For the first phase of Arauco's Itata mill Kvaerner Power is supplying a HYBEX® power boiler to be installed during 2004.
For Arauco's new pulp mill in Valdivia, southern Chile, Kvaerner Power has earlier supplied two boilers and other pulp mill equipment. The pulp mill is scheduled to start up in January 2004.
The new Itata mill's recovery boiler supply involves the joint resources of Kvaerner Power's units in Finland, Sweden and the USA.
ENDS
For further information, please contact:
Media:
Geir Arne Drangeid, SVP Group Communications, Aker Kvaerner. Tel: +47 913 10 458
Geir Arne Drangeid, SVP Group Communications, Aker Kvaerner. Tel: +47 913 10 458
Terttu Tuominen, Communications Manager, Kvaerner Power, Tampere, Finland: Tel : +358 (0)20 141 2440 or +358 (0)40 501 1415
Investor relations:
Tore Langballe, Vice President Investor Relations, Aker Kvaerner. Tel: +47 67 51 31 06
Tore Langballe, Vice President Investor Relations, Aker Kvaerner. Tel: +47 67 51 31 06
Aker Kværner ASA
is through its subsidiaries and affiliates ("Aker Kvaerner") a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner spans a number of industries, including Oil & Gas production, Refining & Chemicals, Pharmaceuticals & Biotechnology, Mining & Metals, Power, Pulping and Shipbuilding. Aker Kvaerner has aggregated annual revenues of approximately USD 6 billion and employs around 29,000 employees in more than 30 countries.