Aker Kvaerner Awarded Expansion Project With Teijin Twaron

Aker Kvaerner's AK Process business has signed a €5m contract with Teijin Twaron, one of the world's largest producers of high performance fibres. The project entails the engineering, procurement and construction management services for a capacity increase of Teijin Twaron's spinning facilities in Emmen, The Netherlands.

This project entails the further expansion of Teijin Twaron's spinning capacity in Emmen. The project is scheduled for mechanical completion in September 2005, and will be executed from Aker Kvaerner's office in Zoetermeer, The Netherlands. Activities on the construction site are to commence immediately.

Aker Kvaerner successfully completed Teijin Twaron's Mirai project early in 2003.