Stock Exchange release October 3, 2007 10:30:00 AM CET
Metso to supply crushing and screening equipment to Odebrecht in Angola and Venezuela
Metso Minerals will supply crushing and screening equipment to Construtora Norberto Odebrecht S.A. for two projects: infrastructure projects in Luanda, Angola and Tocoma Dam project in Caroní River, Venezuela. The deliveries will be completed during the last quarter of 2007. The total value of the both orders is approximately EUR 9 million. The orders are included in Metso's third quarter order backlog.
The order for the Angola projects comprises a complete crushing system including crushers, screens, feeders and conveyor belt. Metso's solution will attend several Odebrecht infrastructure projects in the country with aggregates production capacity of 450 tonnes per hour.
The order for the Tocoma project in Venezuela is also for a complete crushing system, consisting of crushers, screens, vibrating feeders and a long-distance belt conveyor, as well as the erection supervision services. Metso's solution will serve the construction of a dam for a new hydroelectric power plant, which will reach full operation in 2013.
Construtora Norberto Odebrecht S.A. is a leader in the engineering and construction industries in Latin America with net sales of EUR 8.6 billion in 2006. Odebrecht employs approximately 30,000 people and has an active business presence in South America, Central America and the Caribbean, North America, Africa, the Middle East and Europe.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26 000 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:
João Ney Colagrossi, Vice President, South America, Construction business line, Metso Minerals, tel. +55 15 2102 1301
Dionísio Covolo, Executive Manager, South America, Construction business line, Metso Minerals, tel. +55 15 2102 1533