Stock Exchange release December 20, 2005 01:00:15 PM CET
Metso to supply a shredder line to Yamanaka in Japan
Metso Minerals will supply a metal shredder line to Yamanaka & Co., Ltd. for its metal recycling plant in the city of Sendai, Japan. The delivery will be completed by the end of 2006. The value of the order is not disclosed. The delivery will play a significant part in Yamanaka's total investment, which is approx. EUR 10 million.
Metso's delivery comprises a 3000 horse power shredder line including complete downstream options with steel infeedbelt, dedusting, transport belting, ferrous, non-ferrous and shredder light fraction separation, plant control system, rotor cooling, site monitoring system and related equipment. The production is scheduled to start during the first quarter of 2007.
Yamanaka's net sales were approximately EUR 250 million in 2004 and it is one of the leading companies in automobile recycling and one of the largest metal scrap processors Japan. It is also the pioneer in Japan in Auto Shredder Residue Pyrolysis. Headquartered in Kawasaki City, Yamanaka Co., Ltd. has approximately 220 employees working at 16 scrap yards and processing more than 1.3 million tons of ferrous scrap annually.
Metso is a global engineering and technology corporation with 2004 net sales of approximately EUR 4 billion. Its 22 000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.