Pöyry Oyj: Pöyry PLC: Pöyry awarded EPCM services assignment for state-of-the-art greenfield pulp mill, Brazil

       Pöyry Oyj: Pöyry PLC: Pöyry awarded EPCM services assignment for
                state-of-the-art greenfield pulp mill, Brazil

PÖYRY PLC Press release 10 March 2014 at 07:00 am.

Klabin has awarded Pöyry with the assignment for the Engineering, Procurement
and Construction Management (EPCM) services for a relevant part of the Balance
of Plant (BOP) at the Puma Project in Brazil. The scope of work includes the
required interconnection between all process EPCs areas, water intake and
effluent outfall systems, cooling tower, central control room, chemicals
handling and other complementary systems.

The new, state-of-the-art greenfield pulp mill - "PUMA Project", will be
located in Ortigueira, Parana State, in the South of Brazil. Raw material for
the mill will be eucalyptus and pinus wood from own plantations in the
surrounding area. The annual capacity target for the pulp mill is 1.1 million
Air Dry tons (ADt) of eucalyptus-baled bleached pulp and 0.4 million ADt of
pine bleached pulp, baled and also converted to fluff.

Pöyry has been involved in the project since January 2012 when it was awarded
an assignment for environmental studies and basic engineering by Klabin. Pöyry
was also awarded a preparatory work for mill infrastructure.

The Puma Project is the largest investment in Klabin's history. The company
that was founded in 1899, already operates 16 industrial plants - 15 in Brazil
and one in Argentina, focusing on markets such as packaging paper and board,
corrugated packaging and industrial bags.

"This assignment strengthens Pöyry's position as the world's leading pulp and
paper engineering consultancy, having delivered projects for 80% of the
world's major pulp and paper companies", says Martin Kuzaj, President of
Pöyry's Industry Business Group.

The parties have agreed that the value of the assignment is not disclosed. The
order will be recognised within the Industry Business Group order stock in the
first quarter, 2014.

Additional information by:

Marcelo H. Cordaro
President, Pöyry Tecnologia Ltda., Region Latin America, Brazil
Tel. +55 11 34727398

Martin Kuzaj
President, Industry Business Group, Finland
Tel.: +358 10 33 21179

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Source: Pöyry Oyj via Globenewswire
HUG#1767216
 
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