Pöyry's Forest Industry business group has been assigned by Norske Skogindustrier ASA, Norway, to provide engineering services for the relocation project of the Union TMP plant to the Follum mill. In addition, the contract includes modification of the effluent treatment plant at Follum. The value of the project engineering and services contract is about EUR 2 million.
Pöyry's contract includes engineering management, civil and detail engineering services, and time scheduling and procurement services. Norske Skog invests about NOK 260 million in the TMP relocation and effluent treatment plant project in order to be able to further develop the paper production at Follum. The start-up of the relocated TMP plant is scheduled for December 2007.
This assignment is a further continuation of the cooperation between Norske Skog and Pöyry, dating back more than 20 years. Pöyry has served Norske Skog in their paper mill projects worldwide.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's annual net sales amount to about EUR 600 million and it employs 6000 experts.
PÖYRY PLC
Satu Perälampi Investor Relations Manager
Additional information by: Nicholas Oksanen, Vice President, Pöyry Forest Industry Oy tel. +358 9 8947 2294, +358 40 565 3199
www.poyry.com
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