Kvaerner Pulping, part of the Aker Kvaerner group, will provide engineering, procurement and construction services (EPC) under the new contract. The wash presses are scheduled for start up in August 2006.

The new wash presses of Kvaerner Pulpings Compact Press(TM) design will be installed in two of the Jacareí mill's fiberlines. One will replace old equipment in the Line B bleach plant to facilitate increased production while the second will improve both pulp quality and capacity in Line C's brown stock washing area.

"Even though there is a fierce competition in this market, once again a client finds our solution to best meet their technical and commercial requirements. That encourages us to continue developing leading-edge technology for the worldwide pulp and paper industry," says Per-Åke Färnstrand, President of Kvaerner Pulping.

VCP is one of the largest companies in Latin America's pulp and paper sector, focusing on market pulp and printing papers. Through a recent expansion plan VCP has increased its production capacity for pulp to 1.42 million tons, and for paper to 685 000 tons.

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

 

AKER KVAERNER 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, Pharmaceuticals & Biotechnology, 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 Kvaerner ASA.

Aker Kvaerner has aggregated annual revenues of approximately NOK 35.6 billion and employs approximately 22,000 people in more than 30 countries.

 

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