Ängelholms Energi in Sweden is modernising and expanding its Åkerslund cogeneration plant in Ängelholm to attain increased capacity and higher environmental standards for the future. The two more than 20-year old district heating boilers are to be rebuilt without interrupting production.

Kvaerner Power has the contract for the first phase, which is scheduled for completion in November 2005. The second phase is included in the contract as an option and is to reach completion in December 2006.

The boilers are to be equipped with up-to-date fuel handling and combustion technologies that will provide optimum combustion, high operating reliability and reduced environmental impact. According to plant manager Kenneth Carlsson, one of the reasons for their choosing Kvaerner Power as the primary supplier is the advanced combustion technology and numerous good references Aker Kvaerner holds in this field.

Once fully completed, the capacity of the boilers will be 50% higher than today, and there will be extended possibilities when it comes to choosing various types of fuel, such as demolition wood. This will give Ängelholms Energi greater flexibility when it comes to the use of gas for the production of electric power and heat. By increasing the proportion of renewable biofuels, like peat, forest residue and recovered wood, emissions of carbon dioxide will be sharply reduced.

The rebuilt boiler will comply, by good margins, with the new and tougher environmental EU requirements. In addition to carbon dioxide levels, other emission levels will be reduced, ensuring a better environment.

ENDS

 

Media:
Torbjorn Andersen, Senior Vice President, Group Communications, Aker Kvaerner Group. Direct line: +47 6751 3036, Mobile tel: +47 928 85 542.

Terttu Tuominen, Communications Manager, Kvaerner Power, Tampere, Finland: Tel: +358 (0)20 141 2440 or +358 (0)40 501 1415.

Martin Ridderheim, Vice President, Service, Kvaerner Power, Gothenburg, Sweden: Tel: +46 31 50 10 00.

Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kværner ASA, 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 spans 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. 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 Kvaerner ASA.

 

E&C Europe specialises in the provision of process technology, engineering studies (including bankable feasibility and environmental studies), total project management, engineering and design, procurement, construction, commissioning and maintenance services. With nearly 5,000 people based largely from Europe, E&CEurope serves a number of industrial sectors: refining and petrochemicals, pharmaceuticals & biotechnology, onshore oil & gas, power generation, chemical pulping, nuclear, water, and mining and metals.

 

Kvaerner Power is a pioneer in large-scale fluidized bed combustion for the pulp and paper industry and power producers. Approximately 200 boilers in operation testify to the company's expertise in fluidized bed technology using demanding fuels. Kvaerner Power is also the leading chemical recovery equipment supplier in the world with its supply and installation of some 300 recovery boilers and 300 evaporation units. Kvaerner Power has designed and manufactured the world's largest biomass-fired fluidized bed boilers and recovery units. Kvaerner Power has annual revenues of approximately EUR 350 million and it employs 1300 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