The project, worth just over GBP1 million to Aker Kvaerner, starts immediately and is scheduled for completion in November 2004.
"Our experience gained in the successful completion of the previous expansion of the spinning line facilities will be very beneficial in ensuring we deliver cost-effective, reliable and technically integrated engineering services on this further capacity increase. Our long track record of involvement with other spinning line projects also equips us to bring additional value to this project," said Wim van der Zande, President of AK Process.
INVISTA in-house technology is being used on the project.
The original project involved the dismantling and relocation of spinning machines and installation of other associated support services from a factory in Germany to INVISTA's (then DuPont's) Gloucester factory in the UK.
For further information, please contact:
Vanessa Mourant, Aker Kvaerner, London, UK: Tel : +44 (0)20 7339 1064, mobile: +44 (0)7771 806566.
Tony Luetchford, Aker Kvaerner, Portsmouth, UK: Tel: +44 (0)1489 611111.
Notes to Editors
Aker Kværner ASA
is through its subsidiaries and affiliates ("Aker Kvaerner") a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner spans a number of industries, including Oil & Gas production, Refining & Chemicals, Pharmaceuticals & Biotechnology, Mining & Metals, Power, Pulping and Shipbuilding. Aker Kvaerner has aggregated annual revenues of approximately USD 6 billion and employs around 29,000 employees in more than 30 countries. The Aker Kvaerner group consists of many legally independent entities, constituting their own separate identities. Aker Kvaerner is used as the common brand or trademark for most of these entities.
is a trading name of Aker Kvaerner Projects Ltd, the legal entity responsible for the execution of the work. AK Process is one of the core businesses of the Aker Kvaerner group in Europe. AK Process serves the chemicals and polymers, refining and onshore oil & gas industries. It provides the full life cycle of a project from concept studies, through to design, engineering, project management, delivery of process technologies, procurement, construction and maintenance services. As a pure project execution/EPC specialist, AK Process can provide customers with strategic 'one-off' services or full turnkey solutions under a single project management control.
We work with our customers in the development of major technological innovations, having participated in the conceptualisation and implementation of ideas, which are the foundation for world-class production facilities.