Stock Exchange release January 12, 2007 09:01:21 AM CET
Metso to supply equipment for particleboard project to Japan Novopan in Japan
Metso Panelboard will deliver all the main equipment for the new particleboard line of Japan Novopan Industrial Co., Ltd. in Japan. The new line is scheduled for start-up in early 2008. The value of the order is not disclosed. The order has been booked in the order book for the fourth quarter of 2006.
Metso's delivery includes screens, gluing system with flake metering and resin blending system, forming stations, press outfeed line and process automation system. Metso will also supply the engineering services together with supervision of installation and start-up. The value of this type of delivery is generally under EUR 10 million.
The construction of the new particleboard line will begin in spring/summer 2007 in Sakai, Osaka. The annual production capacity will be about 250,000 cubic meters.
Japan Novopan is the largest particleboard manufacturer in Japan with operations on two sites. After this expansion project, the company's combined annual production capacity of particleboard will be in excess of 350,000 cubic meters.
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:
Kari Simolin, General Manager, Sales, Particleboard Division, Metso Panelboard,
tel. +358 20 482 9616
Paul-Erik Toivo, Sr. VP, Marketing and Communications, Metso Panelboard,
tel. +358 40 821 3737