Pöyry awarded engineering assignment for Eldorado Line 2 expansion project - South America's largest single-line production of bleached kraft pulp, Brazil

PÖYRY PLC   Press release 8 October 2014 at 10 am (EEST)

Pöyry awarded engineering assignment for Eldorado Line 2 expansion project - South America's largest single-line production of bleached kraft pulp, Brazil

Eldorado Brasil Celulose S/A has awarded Pöyry with the basic engineering services assignment for the Eldorado Line 2 expansion project. From 2009 to 2012, Pöyry was responsible for the conceptual study, basic engineering, Balance of Plant (BOP) detailed engineering and supporting the construction management for Line 1. For Line 2, Pöyry is already responsible for the conceptual and environmental studies and detailed engineering for the site infrastructure.

The new assignment includes engineering services, enquiry specifications of main process equipment, auxiliary systems, water and effluent treatment and investment cost estimate.

The new production line will increase the capacity of the Eldorado mill in Tres Lagoas, Mato Grosso do Sul state to 4.0 million Air Dry tons (ADt) per year of baled bleached kraft pulp. Raw material will be eucalyptus wood from plantations established by Eldorado in the area surrounding the mill site.

"Within the Pulp industry, Pöyry has always distinguished itself by providing services that add value, and has many reference projects in this sector. For Eldorado Brasil, Pöyry has been an excellent partner, contributing greatly to the achievement of extremely challenging goals in the pursuit of excellence that the company aims for", says Carlos Roberto Paiva Monteiro, Industrial Technical Director of Eldorado Brasil.

"This assignment underlines our leading position as the major engineering consultant of large projects for pulp and paper and it derives from a fruitful partnership between Eldorado and Pöyry. We are glad that we can support Eldorado in this large development", says Marcelo Cordaro, President of Pöyry's Regional Operations Latin America.

The value of the order is not disclosed. The order will be recognised within the Regional Operations Business Line order stock in Q3/2014.

PÖYRY PLC

Additional information by:

Marcia Mastrocola
Director, Regional Operations Latin America
+55 11 3472 7353

Marcelo Handro Cordaro
President, Regional Operations Latin America
+55 11 3472 7399

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory 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 2013 were EUR 650 million and the company's shares are quoted on Nasdaq OMX Helsinki (Pöyry PLC: POY1V).