Pöyry Awarded BOP-EPCM And Owner's Engineering Contracts For The Suzano Greenfield Pulp Mill Project In Brazil

FINLAND, Sep 1, 2011 Pöyry's Industry Business Group has been awarded services contract by Suzano Papel e Celulose for the Engineering, Procurement and Construction Management (EPCM) services for the Balance of Plant (BOP), and the Owners' Engineering services during the project implementation. The parties have agreed that the value of the assignment is not disclosed.

The capacity of the new state-of-the-art pulp mill is 1.5 million tonnes per annum and the start up of the mill is planned for the third quarter of 2013.

Pöyry has been involved in the project since April 2009 when Suzano awarded Pöyry a contract for conceptual and environmental studies. In March 2010 Pöyry was also awarded a pre-engineering and preparatory work for mill infrastructure.

The concept of the mill is based on the use of the best available technologies and the best environmental practices, which constitute a state-of-the-art level pulp mill.

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

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682 million and the company's shares are quoted on NASDAQ OMX Helsinki. (Pöyry PLC: POY1V).