Wednesday, October 04, 2006

Aker Kvaerner wins boiler orders worth E100M

Recent Aker Kvaerner contracts for power boiler plant have included a major project in Asia, and a letter of intent to provide three power boilers in France, to a total value of 100Million Euro.

Aker Kvaerner has secured a boiler contract in Asia, and a letter of intent to provide three power boilers to another customer in France. The combined orders are worth approximately Euro 100 million to Aker Kvaerner. Kvaerner Power, part of the Aker Kvaerner group, will supply a recovery boiler for a project in Asia.

This project commences shortly and the boiler will be completed within two years.

Kvaerner Power has also signed a letter of intent to supply three power boilers to a French customer for its power plants in three different locations in France.

The boilers are scheduled for start-up towards the end of 2008.

In addition to these new orders, Kvaerner Power has received contracts to supply a non-condensable gas incineration system to the Torraspapel pulp mill in Zaragoza, Spain, plus a flue gas cleaning and heat recovery system to Stora Enso for its Heinola fluting mill power plant in Finland.