Poyry gets engineering contract for Eldorado Celulose e Papel's eucalyptus pulp mill in Brazil

VANTAA, Finland, Jan. 13, 2011 (Press Release) - Pöyry's Industry Business Group has been awarded a basic and detailed engineering contract by Eldorado Celulose e Papel Ltda for the Balance of Plant(BOP) of the 1.5 million t/a bleached eucalyptus market pulp mill to be built in Mato Grosso do Sul state, Brazil. The assignment also includes the suppliers' document management. The value of Pöyry's contract is about 8.4 million EUR. The duration of Pöyry's engineering services is about 14 months.

The contract is a continuation of the pre-engineering and preparatory work for the mill infrastructure that Pöyry was awarded in early 2010 (see stock exchange release of 31 March, 2010).

The concept of the mill is based on the use of the best available technologies and the best environmental practices, which constitute the state-of-the-art level. The technical-environmental criteria established for this project are based on international norms and standards and, mainly, on the Brazilian experience, which will make it possible for the mill to produce more with less use of natural resources, low production costs, progressive environmental impact reduction and minimum work accident risks.

The contract strengthens Pöyry's position as the leading engineering solutions provider for the pulp and paper sector in the world.