Wednesday, 24 February 2010 10:00

Pöyry Awarded new contract

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Pöyry has been awarded a contract for developing a basic engineering package and supplying related services for Borealis AG's semi-commercial catalyst plant located in Linz, Austria. The contract value is not disclosed. The total investment cost for the whole plant is approximately EUR 75 million.

The services will be completed by the end of July 2010. This assignment supports Pöyry's position as a provider of comprehensive engineering and project services to the chemical and process industries.

Borealis is a leading provider of chemical and innovative plastics solutions that create value for society. With sales of EUR 6.6 billion in 2008, customers in over 120 countries, and 5400 employees worldwide, Borealis is headquartered in Vienna, Austria, and has production locations, innovation centres and customer service centres across Europe and the Americas. Through Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company (ADNOC), the company's footprint reaches out to the Middle East, Asia Pacific, the Indian sub-continent and Africa. Building on the unique Borstar® technology and their experience in polyolefins for more than 50 years Borealis and Borouge are leading provider of innovative plastics solutions.

Pöyry supports the aims of Borealis in developing sustainable solutions in close co-operation.

Additional information by:
Jouni Takakarhu, President, Business Area Chemicals, Industry business group
tel. +358 10 33 21157

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