Stock Exchange release September 12, 2006 07:09:15 AM CET
Metso supplies Guangzhou Paper with large printing paper line in China
Metso Paper will supply Guangzhou Paper in Guangdong province, China with a close to 400,000 tpy printing paper production line. Start-up is scheduled for end of 2007. The total value of the order is well over EUR 100 million.
The single-supplier delivery will include a complete 10.2-m-wide (wire), 2,000 m/min (design) OptiConcept paper machine, a parent reel cart, two winders and a roll wrapping machine, together with related stock preparation equipment, wet end chemical preparation and air systems.
Metso Automation will supply an extensive automation package, including machine, process and quality controls, systems for runnability and condition monitoring, and a system for web runnability monitoring.
Guangzhou Paper is one of China's oldest and most respected newsprint makers. It is also the site of Metso Paper's first paper machine delivery to the People's Republic of China, 50 years ago. Currently the company operates five newsprint machines with a combined capacity of 470,000 tpy. The Metso-supplied OptiConcept PM 1 was successfully started up in May 2006. Recently Guangzhou Paper placed an order with Metso Paper for an extensive rebuild of the mill's PM 8.
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:
Pertti Soikkanen, Senior Vice President, Sales, Metso Paper, tel. +358 40 546 0002
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253