Stock Exchange release August 26, 2005 08:01:27 AM CET
Metso to supply a complete shredder line to Makiura Steel Work in Japan
Metso Minerals will supply a metal shredder line to Makiura Steel Work Co. Ltd. for its metal recycling plant in Himeji city, Japan. The delivery will be completed by the end of August 2006. The value of the order exceeds EUR 7 million.
Metso's delivery comprises a metal shredder, a complete downstream equipment for ferrous and non-ferrous separation and de-dusting, as well as an additional double-screw extrusion system for processing the shredder light fraction. The shredder line will complement Makiura's current 1,250 tons cutting force scrap shear and first double-screw extrusion press, delivered by Metso in 1990 and 2003. The new solution complies with Japan's recent automobile recycling regulation, which requires safe and sure treatment of shredder light fraction in the recycling process.
Makiura Steel Work Co. Ltd., one of Japan's leading metal recycling companies, had net sales of EUR 41.5 million in 2004. It employs approximately 60 people. The shredder line will make Makiura Japan's leading automobile residue processor and metal recycler.
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.