Stock Exchange release April 13, 2005 01:02:25 PM CET
Metso to supply a printing paper machine to Guangzhou Paper in China
Metso Paper and its joint venture company Valmet-Xian Machinery will supply a printing paper machine to Guangzhou Paper Co., Ltd. in the Guangdong province, China. The paper machine will start production during the second quarter of 2006. The value of the order is not disclosed.
The paper machine will have a wire width of 5.3 m, an operating speed of 1,400 m/min and will produce 500 tons of printing papers daily.
Guangzhou Paper operates four newsprint machines with a combined production capacity of 300,000 t/a. It is one of the oldest newsprint makers in China.
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.