Pöyry Awarded Engineering Contract in Stora Enso's Rebuild Project in the USA

Vantaa, Finland, 26 January 2007 -- Pöyry's Forest Industry business group has been awarded an engineering assignment by Stora Enso in their paper machine rebuild project at the Wisconsin Rapids mill in the USA. The value of the assignment is not disclosed.

Pöyry's assignment comprises detail engineering, project management, commissioning, and start-up planning services for PM12, and shutdown support services for BM13.

Corenso, Stora Enso's subsidiary, will rebuild and restart PM12 for coreboard production at the Wisconsin Rapids mill, allowing the mill to keep up with increased customer needs. The rebuild is designed to enhance asset and product quality and improve cost competitiveness of Corenso's North American operations. This investment also includes an upgrade of Corenso's recycled fiber facility. The rebuild is expected to be completed during the first quarter of 2008.

Pöyry is a global consulting and engineering firm focusing on the energy, forest industry, infrastructure, and environment sectors. Pöyry's annual net sales amount to about EUR 600 million and it employs 6000 experts.