Stock Exchange release November 19, 2007 09:30:00 AM CET
Metso supplies a power boiler to Keravan Lämpövoima's new combined heat and power plant in Finland
Metso Power, a part of Metso Paper business area, will supply Keravan Lämpövoima Oy with a power boiler to company's new combined heat and power plant in Kerava, near Helsinki in Finland. Start-up for the plant is scheduled for the end of 2009. The value of the order is approximately EUR 25 million.
The power boiler (73 MWth) will utilize bubbling fluidized bed technology and will burn peat and forest residue.
The power plant will produce district heat, process heat and electricity to the local energy company Keravan Energia Oy. The new plant can especially ensure the increasing capacity need of district heating to the city of Kerava. With this investment the energy production will be efficient and environmentally friendly by reducing the CO2 emissions.
The power plant will be built by the new company Keravan Lämpövoima Oy, which is owned by the Finnish energy company Pohjolan Voima Oy.
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.
Further information for the press, please contact:
Kari Remes, General Manager, Sales, Metso Power, tel. +358 40 709 2015
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253
Executive Vice President and CFO
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