Stock Exchange release March 17, 2003 12:04:06 PM CET

MESO OPENS A NEW PULPING LINE AT ITS MECHANICAL PULPING TECHNOLOGY CENTER IN ANJALANKOSKI, FINLAND

Metso Paper inaugurated today a new TMP/CTMP (thermo/chemithermomechanical) pulping line at the Mechanical Pulping Technology Center in Anjalankoski, Finland. The Center runs pilot processes for customer trials and to develop pulping technology. The total investment is approximately EUR 7 million, and it was financed by Metso Paper, the Development Fund of the Kouvola Region Federation of Mulicipalities and the Structural Fund of the Interreg IIIA program for Southeastern Finland. The line was ordered by BIC Kymi, a regional support organization of innovation and product development in the region.
The new pulping line augments the Technology Center's other mechanical pulping processes, and targets to promote the development and know-how of the TMP/CTMP pulping technology, particularly in the applications for hardwood. The daily pulping capacity of the new line is approximately 25 tons. The pulp production is compatible with Metso Paper's pilot paper and board machines in Anjalankoski and Jyväskylä, Finland.
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket and 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.