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Pöyry Oyj: Pöyry awarded detailed engineering assignment for APRIL's new paper machine project, Indonesia

PÖYRY PLC Press Release 2 October 2015 at 4 pm (EEST)

Pöyry awarded detailed engineering assignment for APRIL's new paper machine
project, Indonesia

APRIL Group has awarded Pöyry with the detailed engineering services
assignment for the fine paper machine project in Pangkalan Kerinci site in
Riau Province, Indonesia. The assignment covers detailed engineering services
for the new paper machine and Balance of Plant (BOP). The start-up of the new
machine is scheduled for the third quarter of 2016.

APRIL Group is one of the largest producers of pulp and paper products in the
world. APRIL makes products that are used by millions of people every day in
liquid packaging, printing and writing paper, tissues, shopping bags, food
packaging, magazines and books. The new production line is planned to produce
top quality digital-ready fine papers and it will increase the company's
capability to produce value-added products from renewable resources for
export globally.

"The global demand for digital paper products continues to grow and APRIL aims
to ensure we remain in position to leverage this opportunity. Our product,
PaperOne, offers the high quality that the digital market needs and is made
from 100% renewable fiber from certified plantations. This investment will
enable us to bring PaperOne to more and bigger markets while also responding
to opportunities for product diversification," states Tony Wenas, Managing
Director of APRIL Group Indonesia.

"We are managing and executing this project with our combined Asian and
European resources to be able to provide APRIL the best available engineering
result and latest technology for the mill processes. This project is a
continuation for our operations in Asia, and strengthens Pöyry's position as
the world's leading pulp and paper engineering consultancy", says Nicholas
Oksanen, Pöyry's President, Industry Business Group.

The value of the order is not disclosed. The order was recognised within the
Industry Business Group order stock in Q2/2015.


Additional information by:

Nicholas Oksanen
President, Industry Business Group
Tel: +358 10 33 22294

Mikko Koskivirta
Vice President, Industry Asia
Tel: +48 42 63 80 421

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


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