PÖYRY PLC Press Release 19 November 2015 at 11 am (EET)
Pöyry awarded two engineering services assignments for BillerudKorsnäs, Sweden
BillerudKorsnäs has awarded Pöyry with two engineering services assignments in Sweden. One for a new board machine project in their production site in Gruvön; and the other for the machine glazed (MG) paper machine relocation project from Tervasaari in Finland to Skärblacka in Sweden.
BillerudKorsnäs is a leading supplier of renewable fibre-based packaging materials and solutions, and one of the world leaders in liquid packaging board and other virgin fibre cartonboard. Driven by global megatrends, the demand for these types of board is increasing. BillerudKorsnäs is investigating the possibility of installing a new board machine at the production unit in Gruvön. The machine would become one of the most cost efficient in the world with a capacity of approximately 500 000 t/a of liquid packaging board, cartonboard, food service board and white kraftliner. Pöyry has been awarded pre-project engineering services to develop the investment plan into a viable technical concept.
Simultaneously, BillerudKorsnäs is launching a separate investigation into potential further structural change and growth in specific kraft paper segments. The investigation includes exploring the possibility of moving and integrating the MG paper machine in Tervasaari, Finland, to pulp production at Skärblacka, Sweden. The investigation will also look at investment in further value adding surface treatment capacity at the existing MG paper production in Skärblacka. If implemented, the investments would strengthen Skärblacka's position as one of the world's most efficient production units for white MG papers while also opening up opportunities in attractive market segments within medical papers, food packaging and release liners. Pöyry's assignment covers pre-project engineering services for the machine relocation.
"These projects are evidence of our successful operation model where global competence and local presence are combined. We are executing this project with experts from Sweden and Finland to ensure the best result for the client. We are proud to be the selected partner of BillerudKorsnäs with these strategically important development opportunity investigations. These assignments further strengthen Pöyry's position as the world's leading pulp and paper engineering consultancy.", says Johan Ehrnrooth, Pöyry's Vice President, Pulp & Paper Europe.
The values of the orders are not disclosed. The orders will be recognised within the Industry Business Group order stock in Q4/2015.
PÖYRY PLC
Additional information by:
Johan Ehrnrooth
Vice President, Pulp & Paper Europe
Tel: +358 10 33 22294
Stefan Nyström
Managing Director, Pöyry Sweden
Tel: +358 40 733 6145
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
