The new grass roots facility will also be used for the production of EVOH copolymer resins, which have the most superior gas, particularly oxygen, barrier property of conventional resins. Aker Kvaerner's project scope includes basic engineering, project management, detailed engineering, procurement and construction for the complete facilities, including utilities, warehouse and packaging facilities.
Aker Kvaerner will be working with Kuraray Engineering Corporation on an integrated basis during the whole execution of the project. The project will be executed primarily from E&C Europe's Zoetermeer office. The project is due for completion in the third quarter 2004.
The second line will be built adjacent to the first line, which was also engineered and constructed on the same site by Aker Kvaerner and completed in 1999. The fast track project was completed ahead of schedule by three weeks.
ENDS
For further information:
Media: Torbjørn S. Andersen, Vice President Group Communications, Aker Kvaerner, Tel: +47 92 88 55 42
Vanessa Mourant, Aker Kvaerner, London, Tel : +44 (0)20 7339 1064 Mobile: +44 (0)7771 806566
Samantha Voorvelt, Aker Kvaerner, The Netherlands, Tel: +31 79 3688688
Investor relations: Tore Langballe, Vice President, Aker Kvaerner, Group Communications. Tel: +47 90 77 78 41.
NOTES TO EDITORS
Aker Kvaerner
is a leading global provider of engineering and construction services, technology products and integrated solutions. Group activities span a number of industries, including Oil and Gas upstream and downstream, Process, Pharmaceuticals, Metals, Power, Chemical Pulping, Environmental and Shipbuilding. Aker Kvaerner is a multi-local group of businesses with nearly USD 6 billion of annual revenues and around 34,000 employees in more than 30 countries.