03 February 2010 - Aker Solutions previously announced (Monday 1 February 2010 at 08:00 CET) that it has been awarded a power plant project in Europe. Aker Solutions confirms the contract, awarded by RWE, is to provide design, supply, installation, construction and commissioning for a new 50MW Biomass renewable energy plant at the Tullis Russell Papermakers plant near Fife in Scotland. The contract value to Aker Solutions is GBP 115 million. The scope includes for all major plant items excluding the fluidized bed boiler and flue gas system which will be provided by Metso Power.
This new plant will be the largest of its kind in Scotland, and will reduce Tullis Russell's annual carbon emmissions by 250,000 tonnes, reinforcing the company's position as one of the world's leading environmentally-focused papermakers. Work is scheduled to commence in February 2010, with commissioning completed in March 2013.
Currently, the plant's on-site production of heat and electricity is achieved with a combination of its own coal- and gas-fired cogeneration plant. Operation of the coal-fired plant is to be closed down under LCPD (Large Combustion Plant Directive) regulations and the new Biomass plant will secure continuing energy supplies.
Johan Cnossen, Senior Vice President, Europe, Middle East & Africa region with Aker Solutions' Process and Construction business area said, 'Aker Solutions has extensive engineering and construction capability in power generation facilities, particularly in the UK and the US. We are looking forward to working together with RWE, Metso Power and our other key suppliers on this important biomass renewable energy project.'
Stephan Lohr, RWE head of biomass said, 'The combined skills and expertise of our chosen contractor Aker Solutions will be a major asset during the construction of the new Tullis Russell biomass power plant. This project is RWE's largest investment to date in biomass based power generation and part of our ongoing commitment to investing EURO1 billion per annum in renewable energy.'
The contract party is Aker Solutions' subsidiary Aker Solutions E&C Ltd.
Norway: Jannik Lindbæk jr, SVP Corporate Communication, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622
UK: Vanessa Mourant, VP Communications, Aker Solutions. Tel: +44 (0) 208 545 0270, Mob: +44 (0)7771 806566
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mobile: +47 911 37 194
Notes to editors:
Aker Solutions ASA, through its subsidiaries and affiliates ('Aker Solutions'), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.
Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 22 000 people in about 30 countries.
Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.
Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, liquefied natural gas (LNG), metals and mining, power generation, nuclear clean-up, and acid plants. From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services. Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com