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2011-02-09 10:01:15 CET 2011-02-09 10:01:56 CET REGULATED INFORMATION Neomarkka - Company AnnouncementAVILON BEGINS SODIUM SULPHATE DELIVERIES TO BERNERNEO INDUSTRIAL PLC STOCK EXCHANGE RELEASE 9 February, 2011 at 11 am AVILON BEGINS SODIUM SULPHATE DELIVERIES TO BERNER Neo Industrial Plc's subsidiary, Avilon Ltd, and Finnish conglomerate Berner have signed an agreement concerning processing and marketing of sodium sulphate. First deliveries will be given this week. Also known as Glauber salt, sodium sulphate is a side product of viscose fiber production's chemical process, used in, for example, detergent, steel and paper manufacturing. Avilon's agreement with Berner covers the entire sodium sulphate production of its Valkeakoski-based plant. Avilon estimates that the sales of this side product will total one or two million euros annually, depending on whether the plant uses one or two lines for viscose fiber production. Currently Avilon produces fiber with one production line. Avilon is part of Neo Industrial's Viscose fibers business segment. Avilon started its viscose fiber production on 12 January, 2011. Neo Industrial Plc Markku E. Rentto Managing Director FURTHER INFORMATION: Markku E. Rentto, Managing Director, Neo Industrial, tel. +358 207 209 191 Claus Carlsen, Director, Avilon, tel. +358 20 780 0502 www.neoindustrial.fi Neo Industrial Plc's strategy is to invest mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought through both dividend flow and an increase in value. Neo Industrial's B shares are listed on the NASDAQ OMX Helsinki Stock Exchange. More information on Berner Ltd: www.berner.fi |
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