Stock Exchange release November 15, 2005 12:01:37 PM CET
Metso to modernize UPM's finishing line at Kaipola, Finland
Metso Paper will modernize the paper machine PM 6 finishing line at UPM's Kaipola mill in Jämsä, Finland. Start-up of the upgraded LWC paper finishing line is scheduled for August 2006. The value of the order is approximately EUR 9 million.
The delivery will comprise rebuild of winders, new rewinder and new roll wrapping machine. The modernization of the finishing line will improve the quality of the customer rolls produced and will enable production of bigger rolls. The PM 6 has a wire width of 9.1 meters and a speed of 1,600 m/min.
UPM's Kaipola mill operates three paper machines, which produce a total of 710,000 tons of LWC, directory paper and newsprint per year.
UPM is one of the world's leading producers of printing papers. The Group's sales in 2004 were nearly EUR 10 billion, and it has 33,400 employees. UPM's main products include printing papers, converting materials and wood products. The Group's main market areas are Europe and North America. UPM's shares are listed on the Helsinki and New York Stock Exchanges.
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.
For further information, please contact:Petri Tolonen, Vice President Sales, Metso Paper, tel. +358 40 722 0372