Stock Exchange release December 22, 2003 01:02:58 PM CET

Metso to rebuild Stora Enso's LWC machine in Wisconsin, USA

Metso Paper will rebuild Stora Enso North America's paper machine at the Biron mill in Wisconsin, USA. The modernized LWC production line will start up during the first quarter of 2005. The value of the order is approximately EUR 23 million.
The rebuild will improve the line's productivity and paper quality. The Metso Paper delivery consists of the rebuild of the press and dryer sections, coating station, rereeler, supercalender and winder, as well as a new reel and winder.
The Biron mill runs two LWC paper machines, of which the PM 26 is newer (1986) and wider (8,280 mm). Stora Enso North America operates six mills in Wisconsin, producing mainly coated paper grades. In addition, the company has a mill in Minnesota producing SC paper and a mill in Nova Scotia, Canada, producing SC paper and newsprint.
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The corporation's core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2002, the net sales of Metso Corporation were EUR 4.7 billion and the personnel totaled approximately 28,500. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.