Joint Ventures for Boilers, 1996

(a) Joint Venture formation between ENMAS Ahlstrom (later Enmas Andritz) – For Recovery Boilers (Pulp & Paper)

(b) Joint Venture MOU signed with Ahlstrom PyroPower for CFBC Boilers. MOU set aside in the year 2000 due to take over of Ahlstrom Pyro by Fosterwheeler.