Stock Exchange release January 15, 2007 10:01:56 AM CET
Metso supplies equipment for Stora Enso's Varkaus and Nymölla mills' fine paper machines
Metso Paper will supply Stora Enso's Varkaus mill in Finland with an extensive rebuild of their PM 3 fine paper machine. Metso will also modernize the PM 1 at Stora Enso's Nymölla, Sweden mill. The projects will be finalized in late 2007. The total value of the orders is more than EUR 30 million. The orders have been booked in the order book for the first quarter of 2007.
The Varkaus PM 3 delivery comprises of a wire section modernization, modifications to the press and dryer sections, a new winder, and a rewinder. The operation will improve the machine's efficiency and its competitive position. It has a wire width of 8,470 mm and a speed of 1,200 m/min. For Nymölla PM 1 Metso Paper will supply a headbox dilution system.
Stora Enso is an integrated paper, packaging, and forest products company, producing publication and fine paper, packaging board, and wood products. Stora Enso's sales totalled EUR 13.2 billion in 2005. The Group has some 46 000 employees in more than 40 countries.
The Varkaus mill produces some 600,000 tpy of woodcontaining printing papers and woodfree fine papers.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 25,000 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:
Jari Siitonen, Vice President, Sales, Metso Paper, tel. +358 40 765 7406
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253