Stock Exchange release August 8, 2006 09:00:25 AM CET
Metso to rebuild Guangzhou Paper PM 8 in China
Metso Paper will rebuild the newsprint paper machine PM 8 of Guangzhou Paper Co., Ltd. in the Guangdong province, China. The modernization is scheduled to be completed in mid 2007. The value of the order is EUR 15 million.
Metso's delivery will include a forming section rebuild, modernization of the press and dryer sections and a new soft calender. The paper machine has a wire width of 8.7 meters, a design speed of 1,100 m/min and it will produce over 500 tonnes of newsprint daily.
Guangzhou Paper is one of the oldest newsprint makers in China. It is also the mill to which Metso Paper made its first paper machine delivery in the People's Republic of China 50 years ago. Guangzhou Paper operates five newsprint machines with a combined production capacity of 470,000 t/a.
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:
Sakari Häyrynen, Senior Vice President, Sales and Marketing, Paper and Board Business Line, Metso Paper, tel. +358 40 563 3742