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Kvaerner Pulping and Wyesco find synergies that benefit US pulp mills

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"Getting closer to our clients and offering them better service was the main reason why we started looking for a partner in the region", says Jean Hébert, Vice President, Kvaerner Pulping Montreal.


The office in Montreal, Canada, is the base for Kvaerner Pulping's activities in North America, mainly focused on the growing service business.


"In Wyesco we found a highly skilled, experienced and service oriented partner. Their network will assist us in addressing our clients in the southern USA offering M.O.R.E.(TM), a service concept aiming to squeeze more uptime and efficiency out of our their pulp mills", says Jean Hébert.


For Wyesco, an important part of the agreement is the possibility to use Kvaerner Pulping OEM-parts (Original Equipment Manufacturing) when repairing pulp mill machinery such as feeders, top separators, etc.


"This is of considerable value to us since more and more of our clients are requiring OEM-supplies today. To be able to offer Kvaerner Pulping equipment, high quality products that in many ways have set the standard for the pulp and paper industry, is of course extremely satisfactory, both for us and our clients," says Clyde Dubois, President and CEO, Wyesco.


ENDS


For further information, please contact:


Jean Hébert, Vice President, Kvaerner Pulping Montreal, Canada.
Tel: +1 514 331 7720 or +1 514 946 9948


Clyde Dubois, President and CEO, Wyesco, USA.
Tel: +1 225 654 5654 or +1 225 978 2664


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, 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 Kværner ASA.


Kvaerner Pulping
 is a leading supplier of machines, process systems and service for the chemical pulp industry world-wide. The products are used for continuous cooking, washing, oxygen delignification, bleaching and recausticizing plants. Kvaerner Pulping shall improve customers' products, productivity and profitability through innovative technical solutions and strong commitments. Kvaerner Pulping, headquartered in Karlstad, Sweden, has annual revenues of approximately EUR 155 million and employs more than 600 employees in 13 countries.


M.O.R.E.(TM)
, the Kvaerner Pulping service concept, consists of four parts: Mill Study and Analysis, Overhaul and Spare Parts, Rebuild, and Education. It helps to eliminate bottlenecks and implement new technology, which in turn improves the mill's processes, making operations more competitive, productive and profitable. The maximum benefit from M.O.R.E. is derived from entering into a service agreement, a long-term plan that provides for continuous modernisation of technology, processes and skills.


WYESCO
 of Louisiana, L.L.C. is a leading pulp & paper remanufacturing company serving the United States. Located 20 miles north of Baton Rouge in Slaughter, Louisiana, WYESCO has a reputation for providing innovative and specialized services to the pulp/paper and petrochemical industries. Among the clients are some of the largest American corporations.


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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