PÖYRY PLC Press Release 2 October 2015 at 4 pm (EEST)
Pöyry awarded detailed engineering assignment for APRIL's new paper machine project, Indonesia
APRIL Group has awarded Pöyry with the detailed engineering services assignment for the fine paper machine project in Pangkalan Kerinci site in Riau Province, Indonesia. The assignment covers detailed engineering services for the new paper machine and Balance of Plant (BOP). The start-up of the new machine is scheduled for the third quarter of 2016.
APRIL Group is one of the largest producers of pulp and paper products in the world. APRIL makes products that are used by millions of people every day in liquid packaging, printing and writing paper, tissues, shopping bags, food packaging, magazines and books. The new production line is planned to produce top quality digital-ready fine papers and it will increase the company's capability to produce value-added products from renewable resources for export globally.
"The global demand for digital paper products continues to grow and APRIL aims to ensure we remain in position to leverage this opportunity. Our product, PaperOne, offers the high quality that the digital market needs and is made from 100% renewable fiber from certified plantations. This investment will enable us to bring PaperOne to more and bigger markets while also responding to opportunities for product diversification," states Tony Wenas, Managing Director of APRIL Group Indonesia.
"We are managing and executing this project with our combined Asian and European resources to be able to provide APRIL the best available engineering result and latest technology for the mill processes. This project is a continuation for our operations in Asia, and strengthens Pöyry's position as the world's leading pulp and paper engineering consultancy", says Nicholas Oksanen, Pöyry's President, Industry Business Group.
The value of the order is not disclosed. The order was recognised within the Industry Business Group order stock in Q2/2015.
PÖYRY PLC
Additional information by:
Nicholas Oksanen
President, Industry Business Group
Tel: +358 10 33 22294
Mikko Koskivirta
Vice President, Industry Asia
Tel: +48 42 63 80 421
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire
