Stock Exchange release May 31, 2005 09:00:11 AM CET
Metso to supply fiber line for bamboo pulp mill to Guizhou Chitianhua Paper Industrial in China
Metso Paper will supply a fiber line to Guizhou Chitianhua Paper Industrial Co., Ltd, Guizhou province, P.R. of China, for their greenfield pulp mill. The mill will start up in March 2007 with a designed daily production capacity of 750 tons fully bleached pulp based on bamboo. The value of the order is approximately EUR 13 million.
Metso Paper's delivery will comprise main process machinery for knotting, screening, washing, oxygen delignification and bleaching. The order also includes engineering and site services.
Guizhou Chitianhua Paper Industrial Co., Ltd belongs to Chitianhua Group, a well-known Chinese fertilizer supplier. The mill is located in the Guizhou province, where is plenty of bamboo available for pulp making.
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.