The new power plant will use household and industrial waste as fuels. Kvaerner Power, part of the Aker Kvaerner group, will supply the power boiler, which utilises circulating fluidized bed (CFB) combustion technology. The boiler will have a steam capacity of 22 megawatts and steam data of 400 ºC and 39 bar. Aker Kvaerner's delivery of the power boiler includes fuel dosing, ash removal and combustion air systems and steel structures. The new power boiler will be ready in April 2008. 

ENDS

 

Media:
Terttu Tuominen, Communications Manager, Kvaerner Power. Mob: +358 40 501 1415

 

Investor relations:
Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39

 

Suppliers:
For further information about sourcing and potential subcontracts for this project, please contact:
Juha Vakkari, E&C Supply Management. Tel: +358 400 62 44 19

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 comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, 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 Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 41.4 billion and employs approximately 21 000 people in more than 30 countries.

Aker Kvaerner is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 40 000 employees and NOK 62 billion revenues. Aker owns 50.01 per cent of Aker Kvaerner, and the group is also a major European shipbuilder and a significant participant in the fisheries industry.

 

Kvaerner Power is the leading chemical recovery equipment supplier in the world with its 300 recovery boilers and 300 evaporation unit deliveries. Kvaerner Power is also a forerunner in fluidized bed combustion for both the pulp and paper industry and the power generation industry. Approximately 200 power boilers in operation testify to the expertise in fluidized bed technology with demanding fuels. Kvaerner Power has designed and manufactured the world's largest recovery units and biomass-fired fluidized bed boilers. Kvaerner Power has main operations in Finland, Sweden, USA and Brazil, employing 1600 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