Stock Exchange release June 30, 2005 10:01:44 AM CET
Metso to supply a printing paper line to Shandong Chenming Paper in China
Metso Paper will supply a printing paper line to Shandong Chenming Paper Holdings Ltd, China. The new manufacturing line in Shouguang, in the Shandong province, will be the world's largest with an annual capacity exceeding 400,000 tons. Start-up is scheduled for the last quarter of 2006. The value of the order is well over EUR 100 million.
The delivery will comprise the world's largest deinking line, a paper machine, two winders, a wide range of automation, control and monitoring systems by Metso Automation, and various auxiliary systems. In addition, Metso's scope of delivery includes approach flow, broke collection and handling and fiber recovery systems as well as chemical handling systems for both the deinking line and paper machine.
The 2-loop deinking line has a daily production capacity of 1,500 tons. The PM 4 paper machine will have a design speed of 2,000 m/min.
Shandong Chenming Holdings Ltd. is one of China's largest paper producers.
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.