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Atkinson announces $102.0 million pulp mill contract in Indonesia.


SAN BRUNO San Bruno (săn br`nō), city (1990 pop. 38,961), San Mateo co., W Calif., a suburb on San Francisco Bay; inc. 1914. There is light manufacturing and petroleum refining. , Calif.--(BUSINESS WIRE)--Feb. 21, 1995--Atkinson (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
, NMS See NetWare Management System. : ATKN) Tuesday announced that a subsidiary of Guy F. Atkinson Holdings Ltd. has been awarded a contract for $102.0 million to construct a world-scale kraft pulp mill A pulp mill is a manufacturing facility that converts wood chips or other plant fiber source into a thick fiber board which can be shipped to a paper mill for further processing.  in East Kalimantan East Kalimantan (Indonesian: Kalimantan Timur abbrv. Kaltim) is Indonesian province on the east of Borneo island. The resource-rich province has two major cities, Samarinda (the capital and a center for timber product) and Balikpapan (a petroleum center with oil , Indonesia.

Notice to proceed on the project has been received from the owner, P.T. Kiani Kertas, a member of the Kalimanis Group, one of the largest diversified business enterprises in Indonesia. Upon completion in late 1996, the mill will produce 1,500 tons per day of bleached hardwood kraft pulp.

Commonwealth Asia Pacific Constructors Pte. Ltd., the subsidiary of Guy F. Atkinson Holdings Ltd. constructing the Kiani Kertas pulp mill, established operations in Singapore and Indonesia in 1993 and is active in developing pulp and paper projects throughout Southeast Asia.

Atkinson operates through three construction companies providing full service construction to markets for power, industrial and commercial building, pulp and paper, mining, and infrastructure in the United States, Canada and internationally.

CONTACT: Atkinson, San Bruno

Jim Stevens, 415/876-1681
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 1995
Words:171
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