Pöyry Oyj: Pöyry awarded Environmental Study, Basic Engineering and Detailed Engineering for site infrastructure contracts for the Klabin greenfield pulp mill project in Brazil

PÖYRY PLC          Press release 4 April 2012

Pöyry's Industry Business Group has been awarded a services contract by Klabin S.A. for Environmental Study, Basic Engineering and Detailed Engineering for site infrastructure for a new pulp mill to be implemented in the state of Parana, southern Brazil. The parties have agreed that the value of the assignment will not be disclosed. The order has been booked into the first quarter 2012 order stock.

Pöyry has earlier also conducted the conceptual and pre-feasibility studies for the project.

The capacity of the new state-of-the-art pulp mill is 1.5 million tonnes per annum and the start up of the mill is planned for the third quarter of 2014. The final investment decision is expected later this year. The raw material will be eucalyptus and pine from Klabin's own plantations.

The concept of the mill is based on the use of the best available technologies and the best environmental practices, which constitute a state-of-the-art pulp mill.

The contract strengthens Pöyry's position as the leading engineering solutions provider for the pulp and paper sector in the world.

PÖYRY PLC

Additional information:
Martin Kuzaj, President, Industry Business Group, Finland
Tel. [phone]
Marcelo Handro Cordaro, President, Pöyry Tecnologia Ltda., Brasilia
Tel. [phone]

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, transportation, water, environment and real estate. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2011 were EUR 796 million and the company's shares are quoted on the NASDAQ OMX Helsinki. (Pöyry PLC: POY1V).

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Source: Pöyry Oyj via Thomson Reuters ONE

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