Pursuant to the stock exchange notice issued on December 21, 2006 Pöyry's Forest Industry business group has signed the services agreement regarding the implementation of a greenfield bleached kraft pulp mill of VCP - MS Celulose Sul Mato-Grossense Ltda (new corporate name of Chamflora - Três Lagoas Agroflorestal Ltda) in the state of Mato Grosso do Sul in Brazil, now belonging to VCP - Votorantim Celulose e Papel SA as part of their asset swap with International Paper on February 1, 2007. The mill is expected to start up in the beginning of 2009. The value of the agreement is approximately EUR 54 million and it is the largest services agreement ever in Pöyry's history.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2006 amounted to about EUR 620 million and it employs 6400 experts.
PÖYRY PLC
Erkki Pehu-Lehtonen
President and CEO
Teuvo Salminen
Deputy to President and CEO
Additional information by:
Jukka Nyrölä, President, Forest Industry Business Group, Pöyry Plc
Tel. +358 10 33 22010
www.poyry.com
DISTRIBUTION:
Helsinki Stock Exchange
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