Chemetics combines two plants into one world class facility

Chemetics' scope of supply includes engineering, the supply of additional equipment and materials, the deconstruction at Taft, and the reconstruction at Brandon. To execute the deconstruction phase, Chemetics will partner with its Houston-based sister company Kvaerner Industrial Constructors (KIC).


The startup of this plant in September 2005 will increase the sodium chlorate production at Nexen's Brandon site to over 250,000 metric tonnes per year, ranking it as one of the largest chlorate production facilities in the world.


"In co-operation with our colleagues at KIC, we are pleased to provide Nexen Chemicals with a complete solution for this plant relocation project, and to further develop the successful relationship that we have enjoyed over the last twenty years", quotes John Nelson, Chemetics' President and CEO.


This contract will mark the eighth major project that Chemetics has executed in a long-standing and successful relationship with Nexen, including the previous five chlorate plant expansion projects at the Brandon site, and at two other sites in Canada.


ENDS
For further information, please contact:


Media
Torbjorn S. Andersen, Vice President, Group Communications, Tel: +1 713 270 3618
Raymond Ma, Sales Director - Chemical Technology, Tel: +1 (604) 737-4478.
Investor relations
Tore Langballe, Vice President, Group Communications, Tel: +47 67 51 31 06
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, Power, Pharmaceuticals & Biotechnology, Pulping and Shipbuilding. The Aker Kvaerner group consists 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.


The business area 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.
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. Chemetics provide innovative processes that enhance performance and productivity while protecting the environment. The cost-effective solutions result in plants that are safe, reliable, efficient and environmentally acceptable. To maintain its leadership position, Chemetics are constantly refining its technologies and developing its know-how through significant R&D expenditures to ensure that the products and services continue to meet the needs of the customers and industries they serve.


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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