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Aker Solutions ASA
Aker Solutions ASA
Registriert in: Norwegen WKN: A0B97B Rohstoffe:
Art: Originalaktie ISIN: NO0010215684 Dienstleister
Heimatbörse: Oslo Alternativ: -
Währung: NOK    
Symbol: AKSO.OL Forum:

Aker Solutions to provide engineering for two Arkema PVC licenses in China

26.05.2010 | 11:33 Uhr | Globenewswire Europe
26 May 2010: The Chinese company, Qinghai Salt Lake Industry Group Co., Ltd, has
opted for Arkema's PVC production processes for its new plants to be located in
Xining City, People's Republic of China. As part of the cooperation agreement
reached in November 2008 with Arkema, Aker Solutions will prepare the basic
engineering for a 230 000 ton (kT) PVC Suspension production plant and a 35 kT
PVC Emulsion plant.

"The licensing agreement concluded with
Qinghai Salt Lake Industry Group Co., Ltd for three licenses confirms the
remarkable quality of Arkema's PVC production processes, which makes them one of
the most efficient PVC technologies in the world. Our partnership with
Aker Solutions, one of the world's leading engineering and construction groups,
has undoubtedly been a key element in the choice made by this Chinese
manufacturer," states Otto Takken, Vice President of Arkema's Vinyl Products
business segment.
"The choice made by Qinghai Salt Lake Industry Group Co., Ltd for Arkema's
technology in combination with Aker Solutions' solid expertise in designing and
executing projects in China, is a further illustration of the successful
partnership between our companies," says Johan Cnossen, SVP - Europe, Middle
East and Africa for Aker Solutions' Process and Construction business.

The licensing agreement covers the operation of the Arkema technologies, basic
engineering, and technical support for the plants' startup.

The contract party in relation to the basic engineering is the Aker Solutions
subsidiary Aker Process BV.


For further information, please contact:

Media Arkema
Jacques Badaroux,  Tel. : +33 1 49 00 71 34 E-mail : jacques.badaroux@arkema.com

Investor Relations Arkema
Sophie Fouillat, Tel. : +33 1 49 00 86 37, E-mail : sophie.fouillat@arkema.com

Jérôme Raphanaud, Tel  : +33 1 49 00 72 07, E-mail : jerome.raphanaud@arkema.com

Media Aker Solutions
Vanessa Mourant, VP Communications. Tel : +44 (0)20 8545 0270, Mob : +44 (0)7771

Investor relations Aker Solutions
Lasse Torkildsen, SVP Investor Relations. Tel: +47 67 51 30 39, Mob: +47 911
37 194

For further information about sourcing and potential subcontracts for this
project, please contact the relevantBA Global Sourcing Champion

Career opportunities

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 54 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. As an industrial owner controlling 40.27 percent of
the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active
role in the development of Aker Solutions.

This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com

A global chemical company, Arkema consists of three businesses: Vinyl Products,
Industrial Chemicals, and Performance Products. Arkema reported sales of 4.4
billion euros in 2009. Arkema has 13,800 employees in over 40 countries and
seven research centers located in France, the United States and Japan. With
internationally recognized brands, Arkema holds leadership positions in its
principal markets.


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684
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