Vaahto Pulp & Paper Machinery received an additional order from Kama paper mill in Russia
VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 28.5.2009 at 10.30
VAAHTO PULP & PAPER MACHINERY RECEIVED AN ADDITIONAL ORDER FROM KAMA PAPER MILL IN RUSSIA
Vaahto Pulp & Paper Machinery has received an additional order from Kama paper mill in Russia. The order is related to the agreement made in August 2008 concerning paper machine modernization and conversion from news print machine to LWC paper production. The value of the new order amounts to approximately 3 million euros.
Vaahto Pulp & Paper Machinery’s delivery includes pulpers and other stock preparation equipment, rolls, additions to automation system, ventilation and air system and spare parts. The delivery will take place in the end of the year 2009.
Kama paper mill, located in Krasnokamsk in Perm region, is an integrated member of the InvestLesProm Group (ILP). The business units in ILP cover the entire chain from forest to finished packaging, including activities within forestry, mills, paper production, fiberboard and paper packaging. This project will make ILP the first company to manufacture LWC paper in Russia.
Vaahto Pulp & Paper Machinery is part of Vaahto Group, which is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.
Lahti May 28, 2009
VAAHTO GROUP PLC OYJ
Vaahto Pulp & Paper Machinery
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