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ROTTNEROS INVESTS IN NEW STEAM TURBINE IN VALLVIK

2006-04-26, 14:24
 - Non regulatory

The new turbine, which is powered by process steam generated from the production of paper pulp, will increase the self-sufficiency rate for electricity at the Vallvik mill from about 70 per cent to almost 100 per cent.

“The investment is motivated by our desire to become as self-sufficient as possible following the sharp increases in Swedish electricity prices,” Lars Blecko, Rottneros’ President and CEO, comments.

The preparations for installing the new turbine will be made in September of this year in connection with the annual maintenance shutdowns at the Vallvik mill. Final installation and commissioning is scheduled for September 2007.

Upplands Väsby, 26 April 2006

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For further information: Lars Blecko, President and CEO, +46 (0)70-6414910

Rottneros is one of the world’s leading independent producers of market pulp. The Group comprises the parent company Rottneros AB, listed on the Stockholm Stock Exchange, and its subsidiaries Rottneros Rockhammar AB, Utansjö Bruk AB and Vallviks Bruk AB in Sweden as well as Rottneros Miranda, S.A. in Spain, all with operations involving the production and sale of market pulp. The Group also includes the wood procurement companies Rottneros Baltic SIA of Latvia and Rottneros Madeiras of Portugal. The Group has 804 employees and net sales of approximately SEK 2.4 billion.

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