Helsinki, Finland, Apr 16, 2008 - (ABN Newswire) - Metso Corporation Company Release April 16, 2008 at 9.30 a.m.
Metso Paper will supply a fine paper machine to Fujian Nanping Paper Co., Ltd. in China. The start-up of the production is scheduled for the second half of 2009. The value of the order is around EUR 50 million. The order is included in the second quarter 2008 orders received.
Metso's delivery will include a complete paper machine from headbox to reel, with related air systems. Metso Automation will supply quality management system including cross directional and machine directional controls.
The paper machine will have a wire width of 5.8 m and a design speed of 1 400 m/min. It will produce close to 800 tonnes of uncoated fine paper per day.
Fujian Nanping Paper is one of the largest paper producers in the Fujian province. The company currently operates three paper machines at Nanping millsite with an annual paper making capacity of around 300,000 tonnes.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its almost 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com
Further information for the press, please contact: Sakari Häyrynen, Vice President, Sales and Marketing, Paper and board machines, Metso Paper, Inc., tel. +358 40 563 3742
Further information for investors, please contact: Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Metso Corporation
Olli Vaartimo Executive Vice President and CFO
Kati Renvall Vice President, Corporate Communications
distribution: OMX Nordic Exchange in Helsinki Media www.metso.com
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Metso Corporation
http://www.metso.comISIN: FI0009007835
Stock Identifier: XHEL.MEO1V
US: NYSE:MX
