Pöyry awarded EPCM services assignment by Suominen for a new wetlaid production line in USA

PÖYRY PLC   Press Release 9 October 2015 2 pm (EEST)

Pöyry awarded EPCM services assignment by Suominen for a new wetlaid production line in USA

Suominen has awarded Pöyry (Appleton) LLC with the EPCM services assignment for the installation of a new wetlaid production line to be located in its Bethune plant, South Carolina, USA. The project includes the installation of a new wetlaid line as well as associated process, electrical and automation systems.

The investment is expected to create at least 25 jobs at the Suominen Bethune plant and the new line is anticipated to be installed in the second half of 2016.

"To achieve the targeted substantial growth, we seek to increase both our sales volumes and the share of products with higher value-added in our portfolio. Therefore, the new production line will focus on supplying nonwovens with higher added value for, among others, household and industrial wiping as well as flushable applications" says Nina Kopola, President & CEO of Suominen Corporation.

"This is an important new project reference in the wiping and hygienic applications and a continuation of a key client relationship for Pöyry" says Vilho Salovaara, President of Pöyry's Regional Operations North America.

The value of the order is not disclosed. The order will be recognised within the Regional Operations Business Line order stock in Q3/2015.

Additional information by:

Michael Hooyman
Managing Director, Pöyry (Appleton) LLC, Regional Operations North America
Tel: [phone]     

Vilho Salovaara
President, Regional Operations North America
Tel: [phone]

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting 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 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire

HUG#1957931