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Vaahto Pulp & Paper Machinery to Supply Paper Machine Modernization to Kama Paper Mill in Russia

VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 13.8.2008 16.00

VAAHTO PULP & PAPER MACHINERY TO SUPPLY PAPER MACHINE MODERNIZATION TO KAMA PAPER MILL IN RUSSIA

Vaahto Pulp & Paper Machinery has received an order from InvestLesProm Group (ILP) of paper machine modernization to Kama paper mill in Russia. The order consists of extensive paper machine modernization and conversion from news print machine to LWC paper production. The value of the order amounts to approximately 30 million euros.

Vaahto Pulp & Paper Machinery’s delivery includes new wire section with top-former and dilution controlled HQC-headbox, on-line film coater, multi-nip calendar and center-wind assisted VCR-reel. Short circulation, air systems, coating color kitchen and advanced automation are essential parts of the supply. The start-up of the machine will be at the end of 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 August 13, 2008

VAAHTO GROUP PLC OYJ

Antti Vaahto

CEO

 

Information:

Antti Vaahto

CEO

Vaahto Group Plc Oyj

Tel. +358 40 8232835

 

Jyrki Strengell

Vice President, Sales & Marketing

Vaahto Pulp & Paper Machinery

Tel. +358 400 613800