Componenta - Company Announcement

Componenta invests in Turkey to reduce dust emissions

Componenta invests in Turkey to reduce dust emissions

Componenta has decided to invest in induction melting furnaces in the Orhangazi
foundry to guarantee efficiency of melting and sufficient molten metal at the
same time when the environmental load caused by melting reduces. The current two
arc furnaces will be replaced by a dual track induction furnace. 

The investment of EUR 2 million in a new induction furnace of the newest
technology brings both economical and environmental benefits by improving
operational efficiency, reducing energy usage and operating costs and decreasing
emissions into the air clearly below the levels required by the legislation and
authorities.

The melting capacity will not change but amount of dust emitted to the
environment will decrease by 60% which is also in line with Componenta's
strategy on protection of environment and best use of energy sources. 

The furnace investment is part of the total production capacity increasing
investments which are ongoing in the Orhangazi foundry. The production capacity
will be increased by 40,000 ton to 180,000 ton/year by investments in melting,
moulding, and core making to improve the production flow and remove ”bottle
necks”.  After the renovation the biggest moulding line in the Orhangazi foundry
is the most modern line in Europe. 

Helsinki, 15 July 2008 

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO






Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00


Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 635 million in 2007. The Group employs about
5,100 people. Componenta's shares are quoted on the OMX Nordic Exchange in
Helsinki. Componenta specializes in supplying cast and machined components and
total solutions made of them to its global customers who are manufacturers of
vehicles, machines and equipment.  
Componenta  Corporation 
Panuntie 4 
FI-00610 Helsinki , Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com