METSO TO UPGRADE WEYERHAEUSER FINE PAPER MACHINE
Metso Corporation's fiber and paper technology business area Valmet has received an order from Weyerhaeuser Co. to upgrade its fine paper machine in Dryden, Ontario. The deliveries will take place during the second quarter of 2001. The Dryden project is significant for the Canadian paper industry which has experienced a lengthy period of low investment activity.
The order comprises a stock preparation upgrade, press section and dryer section rebuilds and ventilation improvement. Metso's automation and control technology business area will supply a vibration monitoring system.
Weyerhaeuser Company (NYSE: WY) is one of the world's largest integrated forest products companies. In 1999, the company's net sales totaled USD 12.3 billion. Weyerhaeuser Company has operations in 13 countries.
Metso Corporation's fiber and paper technology business area Valmet is the world's leading supplier of technology, systems and equipment for the pulp, paper, converting and panelboard industries. In 1999, Valmet's net sales totaled EUR 1.7 billion and it had a personnel of 10,600.
Metso Corporation is a global supplier of process industry machinery and systems. Metso's business areas are fiber and paper technology, automation and control technology and machinery. The net sales of Metso Corporation were EUR 3.4 billion in 1999 and the personnel totaled approximately 23,000. Metso Corporation is listed on the Helsinki Exchanges and the New York Stock Exchange.