Caverion expands its contract at Metsä Group’s new bioproduct mill in Äänekoski, FinlandHelsinki, Finland, 2016-04-22 08:00 CEST --
CAVERION CORPORATION INVESTOR NEWS 22 APRIL 2016 AT 9.00 AM EEST
Caverion expands its contract at Metsä Group’s new bioproduct mill in Äänekoski, Finland
Caverion has made a contract with Metsä Fibre Oy, part of Metsä Group, on pipe deliveries for the pulp mill and evaporation plant at the bioproduct mill under construction in Äänekoski, Finland. This is the third order placed with Caverion for the same site. The combined value of the pipe delivery publicised now, the pulp tower agreement announced in June 2015, and the recent agreement on pipe deliveries for the high-pressure and turbine area is approximately EUR 45 million.
The project execution involves material deliveries, prefabrication and installation of process pipes for the pulp mill and evaporation plant at the bioproduct mill. Most of the prefabricated pipes made from stainless steel will be manufactured at Caverion's Leppävirta workshop, while carbon steel pipes will be manufactured at the Ylivieska workshop. The site will employ up to 220 Caverion personnel for around one year.
"Caverion is our long-term partner, and we rely on their ability to manage also large projects,” says Timo Merikallio, Project Director of Metsä Group’s bioproduct plant.
"Metsä Group’s bioproduct mill is the largest investment in the history of the Finnish wood-processing industry and among the largest in our operating area. It is great that we are able to realise such a major project and again contribute with our specialised professional competence and diverse expertise to the largest pipe delivery at the mill," says Juhani Pitkäkoski, Executive Vice President & CEO, Division Industrial Solutions of Caverion.
Project work will commence immediately, prefabrication of pipes will begin in May, and the first installations will take place at the end of May. The project will be complete in April 2017. Andritz is managing the technical execution of the project.
Metsä Fibre, a producer of bioproducts and bioenergy, is part of Metsä Group, a Finnish forest industry group. The company belongs to Caverion’s Industry client segment.
Further information: Ingrid Peura, Communications Manager, Caverion Industrial Solutions, tel. +358 50 571 5553, ingrid.peura@caverion.fi
Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Our services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Our vision is to be a leading European provider of advanced and sustainable life cycle solutions for buildings and industries. Our strengths include technological expertise and comprehensive services, covering all technical disciplines throughout the entire life cycles of properties and industrial plants. Our revenue in 2015 was approximately EUR 2.4 billion. Caverion has over 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki.www.caverion.com
@CaverionGroup
Join our story: www.caverion.com/Csaga #Csaga
|