Finnish firms in large undertakings worldwide
Finnish industrial companies Peikko, Wärtsilä, Valmet, Neste, Caverion, Pöyry and Huhtamaki are involved in large projects and substantial orders around the world.
First up is Peikko Group, whose Saudi Arabian subsidiary Al Rasheed Peikko has received a substantial order in connection with the Security Forces Medical Center project in Riyadh, Kingdom of Saudi Arabia.
The project is the largest medical investment in the Gulf Cooperation Council region, and Peikko’s order comprises a significant number of fastening items to be delivered throughout 2018.
Wärtsilä, meanwhile, has hybridised a 57MW diesel power plant with a 15MWp solar PV plant at a gold mine operation in Burkina Faso, which will reduce annual CO2 emission of the mine by as much as 18 500 tonnes.
Valmet is also keeping busy worldwide and is supplying a linerboard production line to WestRock Company’s mill in Florence, South Carolina, US. The Finnish company has also completed an order for the delivery and startup of Alas Doradas’s PM4 tissue machine in El Salvador, while securing an order for two more containerboard production lines from repeat customer Nine Dragons Industries in China.
Neste is pioneering in renewable propane production and has started up the world’s first large-scale renewable propane production facility in Rotterdam, the Netherlands. The facility will serve the European market through Neste’s exclusive distribution partner SHV Energy.
Then onto Caverion, which will deliver ventilation systems for a new office building in the centre of Berlin. The value of the order is 6.9 million euros and comes from general contractor Ed. Züblin.
Pöyry, for its part, has been awarded the engineering services contract for a biomass-fired power plant project in the Chana District, Songkla, Thailand. Behind the contract is Chana Green Company Limited, a subsidiary of the Gulf Development Company Limited.
Finally to Huhtamaki, which has agreed on the acquisition of Ajanta Packaging in India, a private manufacturer of pressure sensitive labels. The acquisition will strengthen Huhtamaki’s labelling business in the country.