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ARCADIS Wins Large Project in Brazil
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ARCADIS Wins Large Project in Brazil
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ARCADIS Wins Large Project in Brazil
EUROPE, Sep. 23 -/E-Wire/Business Wire/-- ARCADIS (Nasdaq: ARCAF; Euronext: ARCAD) today announced that a consortium led by its Brazilian subsidiary, ARCADIS Logos Engenharia S.A. (LOGOS), was awarded a contract by Alumina do Norte do Brasil S.A. (ALUNORTE), to execute management support services for a second expansion of its aluminum production facility near the City of Belem, in the State of Para, in northern Brazil. The contract will be worth approximately US$ 9 million to LOGOS. The other consortium company is Aker Kvaerner.
The Alunorte facility currently produces 2.4 million tonnes per year of aluminum, after having completed its first major expansion in early 2003. The scope of this second expansion project includes installation of production lines 4 and 5 for an additional 1.8 million tonnes of production per year, taking the plant up to a total annual capacity of 4.2 million tonnes.
The US$ 600 million expansion project will be completed in mid-2006. During that period the consortium, led by LOGOS, will develop a strategic plan for implementation of the project and give overall managerial support. The consortium will also plan and control progress in the project, deliver engineering and design coordination, support procurement and provide construction inspection services.
As a worldwide player, Aker Kvaerner E&C;, which holds 25% of the consortium, will bring technical expertise to the project as well as provide the AKMS System - the integrated project management software developed and applied on similar projects.
"We are very pleased to be partnering with Aker Kvaerner to participate in Alunorte's aluminum refinery expansion program," said Fernando Cattapan, Business Development Vice President, LOGOS Group. "Our team provides a strong combination for project management and project controls expertise for this important project."
Alumina do Norte do Brasil S.A. (ALUNORTE), is a private company formed by a group of strategic partners including Companhia Vale do Rio Doce (CVRD), Norsk Hydro, a Japanese consortium, and Cia Brasileira de Aluminio (CBA).
ARCADIS is a leading, global, knowledge-driven service provider, active in the fields of infrastructure, buildings, environment and communications. With client success central to our total business approach, we fulfill project or program needs from concept to completion and beyond. Together, we generate EUR 850 million in annual revenues. There are 8,500 of us, results-oriented people, continually investing in our skills to maximize value while creating viable solutions that assure your success.
ARCADIS, The Netherlands, Joost Slooten, +(31-26) 3778 604, email: [REDACTED-EMAIL]
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