Pöyry has been awarded an EPCM services assignment by Yara, Norway

Pöyry has been awarded an EPCM services assignment by Yara, Norway

ID: 366170

(Thomson Reuters ONE) -



PÖYRY PLC    Press Release 22 January 2015 at 10 am (EET)

Pöyry has been awarded an EPCM services assignment by Yara, Norway

Yara has awarded to Pöyry the Engineering, Procurement and Construction
Management (EPCM) services assignment for a project aimed at increasing capacity
of fertilizer production in Porsgrunn, Norway. Pöyry's scope of work includes
engineering, procurement services, construction management services and the
overall coordination and management of the project. The assignment started early
January 2015 and is scheduled to be completed by the end of 2016.

NPK (Nitrogen, Phosphorous, and Potash (Potassium)) and calcium nitrate are key
value-added fertilizers in Yara's product portfolio, which benefit cash crops in
particular. Yara will with this project increase production of Calcium Nitrate
fertilizer products at their existing Yara Porsgrunn facilities. Expansions /
modifications in both the existing NPK2 and NPK3 plants as well as in the
existing calcium nitrate plant will be required to obtain such increase.
Additional storage facilities are also required and the services described will
also support such additional storage facilities.

"This project is a continuation of the long-term partnership between Yara and
Pöyry. The project strengthens Pöyry's position in Norway and further
contributes to our strategic position as an EPCM service provider for the global
chemicals industry", says Kay Radtke, Pöyry's Head of Chemicals & Biorefining.

The value of the order is not disclosed. The order will be recognised within the
Industry Business Group order stock in Q1/2015.

PÖYRY PLC

Additional information by:

Kay Radtke
Head of Chemicals & Biorefining, Industry Business Group
+49 221 9128 43 0

Tuukka Sormunen
Head of Chemicals & Biorefining, Northern Europe




+358 10 33 22128

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).



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Pöyry Oyj via GlobeNewswire
[HUG#1888651]




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Datum: 22.01.2015 - 09:00 Uhr
Sprache: Deutsch
News-ID 366170
Anzahl Zeichen: 3311

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