Stock Exchange release October 27, 2005 09:01:44 AM CET
Metso to supply coating machine to Jujo Thermal in Finland
Metso Paper will supply a coating machine for thermal paper to Jujo Thermal Ltd., located in Kauttua, Finland. The coating machine will start its operation during second half of 2006. The value of the delivery exceeds EUR 10 million. The order has been booked in the third quarter of 2005.
Jujo Thermal Ltd. is a leading manufacturer of direct thermal papers for self-adhesive laminates within the retail and logistic use, and also an important supplier of high-quality direct thermal papers for cash receipt, fax and special applications. The company is a Finnish-Japanese joint venture owned by Ahlstrom Corporation, Nippon Paper Industries Co. Ltd., and Mitsui & Co., Ltd. Founded in 1992, Jujo Thermal employs 88 people and its net sales in 2004 amounted to approximately EUR 56 million.
Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metso's shares are listed on the Helsinki and New York Stock Exchanges.