Stock Exchange release October 20, 2006 09:05:09 AM CET
Metso to supply linerboard machine to Zhejiang JiAn Paper Packet Co. in China
Metso Paper will supply a linerboard machine to Zhejiang JiAn Paper Packet Co., Ltd. in China. The machine, which will have an annual capacity of about 450,000 tonnes, will come on stream in Haiyan, Zhejiang province, in 2007. The value of the order is not disclosed. Metso's new local unit, Metso Paper Technology (Shanghai) Co. Ltd., plays a vital role in the delivery.
The order contains a complete three-ply linerboard machine. The new PM 1 will have a wire width of 7,250 mm and a design speed of 1,100 m/min. It will produce linerboard in a basis weight range of 90-200 g/m2.
Typically the value of similar board machine orders is close to EUR 40 million.
Earlier this year the Haiyan mill, which is located approx. 120 km southwest of Shanghai, started up its first machine, supplied by Metso Paper. The 6-m-wide, 300,000 t/y unit produces industrial packaging paper. The privately owned company currently employs around 750 people.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 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.
For further information, please contact:
Jouko Ahtiainen, Senior Sales Manager, Metso Paper, Paper and Board Business Line
Tel. +358 40 752 7950