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2016-02-05

Pöyry Oyj: Pöyry awarded detailed engineering assignment for Kruger's paper machine rebuild project in Quebec

PÖYRY PLC Press Release 5 February 2016 12.00 pm (EET)

Pöyry awarded detailed engineering assignment for Kruger's paper machine
rebuild project in Quebec

Kruger Trois-Rivières L.P. has awarded Pöyry (Montreal) Inc. detailed
engineering services assignment for the rebuild of the Trois-Rivières No. 10
newsprint machine into a state-of-the-art lightweight and high-strength
recycled linerboard production facility. The assignment covers the recycled
old corrugated container plant (OCC), paper machine inter-connections,
balance-of-plant, upgrade engineering to the mill control systems, extensive
migration engineering of the existing control system, and engineering for
dismantling of replaced systems.

Kruger is a leading paper producer in North America. The Trois-Rivières
project is one of their most important capital expenditures in recent years.
The modernisation project includes the installation of a modern OCC
production facility and a comprehensive rebuild of the existing PM 10
newsprint machine to a high-quality and high-performance lightweight
linerboard machine. Pöyry's assignment includes services for the installation
of a new starch system, chemical systems, heat recovery and modifications to
the existing stock approach system.

During the 20-month conversion project, the existing newsprint machine will be
extensively modernised to incorporate advanced containerboard manufacturing
technology. The new production line will produce 360,000 metric tons per year
of lightweight and high-strength linerboard using 100% recycled corrugated
containerbaord as raw material.

"Thanks to Pöyry's proven track record, we trust that this production line
rebuild will be highly successful and that PM10 will rank among the very best
lightweight and high-strength containerboard production lines in North
America," says Christian Lemay, Project Manager at Kruger Trois-Rivières L.P.

"The assignment is an important continuation for this key client relationship,
and previous studies carried out by Pöyry will be a significant reference
strengthening Pöyry's strong position as a leading engineering consultant for
pulp&paper industry in the North American market," says Vilho Salovaara,
President of Pöyry's Regional Operations North America.

The value of the order is not disclosed. The order was recognised within the
Regional Operations order stock in Q4/2015.

Additional information by:

Vilho Salovaara
President, Regional Operations North America
Tel: +1 514 341 3221

Robert Baril
Senior Project Manager
Tel.: +1 514 341 3221

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 Helsinki (Pöyry PLC: POY1V).

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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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