Stock Exchange release April 20, 2004 11:03:10 AM CET
Metso to supply Stora Enso with world-class SC paper line to Kvarnsveden
Metso Paper will supply Stora Enso's Kvarnsveden mill in Sweden with a new production line for high-quality SC paper. Start-up is scheduled for end of 2005. The order is the largest in Metso's and Metso Paper's history. The value of the order is not disclosed.
The scope of Metso Paper's delivery is practically comprising of the entire new SC paper mill for PM 12, excluding the building itself. Included are the main papermaking machinery, process systems, auxiliary systems, electrification and services. Metso Automation will supply a wide range of control and monitoring systems. Also included in the order is an expansion of woodroom, TMP and bleaching plant, needed to support the new production line.
With a wire width of 11.3 m and a design speed of 2,000 m/min, the new PM 12 will be the world's largest paper machine. The capacity of the new line will be 420,000 tons/year and the line will be one of the largest in the world.
Stora Enso's Kvarnsveden mill was founded in 1900 at the Dalälven River, in the town of Borlänge, in central Sweden. Today, the mill has an annual production capacity of approximately 700,000 tonnes of newsprint, improved newsprint and uncoated magazine paper on four paper machines.
Stora Enso is an integrated paper, packaging and forest products company producing publication and fine papers, packaging boards and wood products. The Group's sales totaled EUR 12.2 billion in 2003. The Group has approximately 44,000 employees in more than 40 countries.
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 2003, the net sales of Metso Corporation were EUR 4.3 billion. Metso has approximately 26,000 employees in 50 countries. Metso Corporation is listed on the Helsinki and New York Stock Exchanges
For further information please contact:
Leo Allo, SVP, Communications, Metso Paper, tel. +358 40 544 9509