OSLO, 11 JULY 2003: Aker Kvaerner's Pulp & Paper business has been awarded the contract for the boiler island, consisting of a recovery boiler and a bark-fired power boiler for the new greenfield pulp mill recently announced by Veracel Celulose S/A. Veracel is a 50/50 joint venture between Aracruz Celulose S/A and Stora Enso Oyj. The mill will be located in Bahia State in Eastern Brazil. The boiler order is worth in excess of EUR 100 million.
11 Jul 03

Kvaerner Power is to supply a RECOXTM recovery boiler rated at 4000 tons dry solids/day, and a HYBEXTM bubbling fluidized bed boiler rated at 81 MWth. The design, project management and manufacturing of critical pressure parts will be done in Tampere, Finland, with local procurement, engineering and construction site management from the Aker Kvaerner do Brasil office in Curitiba.
For further information, please contact:
Media:
Geir Arne Drangeid, Senior Vice President, Group Communications. Tel: +47 913 10 458
Terttu Tuominen, Communications Manager, Kvaerner Pulp & Paper: Tel: +358 (0)40 501 1415
Investor relations:
Tore Langballe, Vice President, Group Communications. Tel: +47 6751 3106
More information:
Aker Kvaerner is a leading global provider of engineering and construction services, technology products and integrated solutions. Group activities span a number of industries, including Oil and Gas upstream and downstream, Process, Pharmaceuticals, Metals, Power, Chemical Pulping, Environmental and Shipbuilding. Aker Kvaerner is a multi-local group of businesses with nearly USD 6 billion of annual revenues and around 35 000 employees in more than 30 countries.
Kvaerner Power is the No. 1 chemical recovery equipment supplier in the world with 300 recovery boiler and 300 evaporation unit deliveries. The company is also a pioneer in fluidized bed combustion. Approximately 200 boilers in operation testify to the expertise in fluidized bed technology and in handling demanding fuels.