Stock Exchange release October 19, 2007 10:00:00 AM CET
Metso to supply tissue line to Century Pulp and Paper in India
Metso Paper will supply a tissue machine to Century Pulp and Paper in Lalkua, Nainital, Uttarkhand, India. The machine will be started up in the third quarter of 2008. The value of the order is not disclosed. The market value of these types of tissue production lines is in excess of EUR 17 - 20 million, depending on the scope of delivery and production output. The order will be booked in Metso's fourth quarter order backlog.
Metso's scope of delivery will comprise a complete Advantage DCT tissue machine and the stock preparation equipment. The delivery also includes engineering for the new tissue mill as well as services for installation and start-up of the machine.
The machine will be the first large tissue machine in India. It has a trim width of 2.85 m, an operating speed of 2,000 m/min and a daily production of up to 120 metric tons of high-quality facial, bathroom tissue and towel grades.
Century Pulp and Paper, a division of Century Textile and Industries Ltd, is a manufacturer of rayon grade pulp and an exhaustive range of excellent quality of writing & printing paper. When the company now enters also the tissue paper industry, it already produces 32,000 metric tons of pulp and 198,000 metric tons of writing and printing paper per year.
Metsois 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.
Further information for the press, please contact:
Jan Erikson, Vice President Sales, Tissue Business Line, Metso Paper
Tel. +46 54 17 14 90, mobile phone +46 70 517 14 90
Ingmar Andersson, Vice President Asia, Tissue Business Line, Metso Paper
Tel. +46 54 17 13 90, mobile phone +46 705 17 13 90