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euro adhoc: Andritz AG
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Andritz to supply the main process equipment for Botnia's pulp mill in Uruguay

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
18.05.2005
Graz/Helsinki, 18 May 2005.  Oy Metsä-Botnia Ab and Andritz Oy have
signed a letter of intent under which Andritz will supply the main
process equipment for Botnia's pulp mill currently being built in
Uruguay.  The agreement encompasses a fiberline - from wood handling
through to pulp drying - as well as a chemicals recovery system.  The
value of the order is over EUR 200 million.  With the exception of
the pulp dryers, all the main equipment - representing more than half
of the order - will be manufactured in Finland.
The mill will produce one million t/a of eucalyptus pulp and cost
approximately USD 1.1 billion to build.  Start-up is scheduled for
the third quarter of 2007.  The mill is being built in the town of
Fray Bentos in the west of Uruguay.
The mill's main process equipment will represent the industry's
latest technology and will thus ensure minimal environmental
emissions, cost-effective production and the very highest quality
pulp.
The final contracts with the equipment suppliers will be signed
during the next coming months, and further details will be announced
then.
About Andritz
Andritz Oy - member of the Andritz Group - is one of the worldEURs
leading suppliers of integrated systems, equipment and services to
the pulp and paper industry.  Its products cover wood handling,
pulping processes, chemicals recovery and stock preparation.  The
company employs some 900 people in Finland and has sites in Helsinki,
Kotka, Savonlinna, and Varkaus. www.andritz.com
About Metsä Botnia
Botnia is one of the leading chemical pulp producer companies in
Europe, with a capacity of 2.7 million t/a of bleached softwood and
hardwood pulps. Botnia has five mills, all of them located in
Finland. The company has some 2,000 employees and had a turnover of
just over EUR one billion. Botnia's owners are UPM-Kymmene
Corporation (47%), M-real Corporation (39%) and Metsäliitto (14%).
www.metsabotnia.com
Disclaimer
Certain statements contained in this report constitute
"forward-looking statements". These statements, which contain the
words "believe", "intend", "expect" and words of similar meaning,
reflect management's beliefs and expectations and are subject to
risks and uncertainties that may cause actual results to differ
materially. As a result, readers are cautioned not to place undue
reliance on such forward-looking statements. The Company disclaims
any obligation to publicly announce the result of any revisions to
the forward-looking statements made herein, except where it would be
required to do so under applicable law.
end of announcement                    euro adhoc 18.05.2005 07:30:00 

Further inquiry note:

Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN:
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing

Original-Content von: Andritz AG, übermittelt durch news aktuell

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