Stock Exchange release December 13, 2007 09:30:00 AM CET
Metso to supply fine paper machine to MCC Paper Yinhe in China
Metso Paper will supply an uncoated fine paper machine to MCC Paper Yinhe Co., Ltd. in Linqing city of Shandong Province, China. The start-up of the production is scheduled for the third quarter of 2009. The value of the order is not disclosed. The market value of these types of fine paper production machines is approximately EUR 50 million, depending on the scope of delivery.
Metso's delivery will include a complete paper machine from headbox to reel, with related air systems. The paper machine, which will have a wire width of 5.8 m and a design speed of 1,400 m/min, will produce around 200,000 tonnes of uncoated fine papers annually.
Metso's local units in China will participate in the delivery. Metso Automation will supply a wide automation package, which includes solutions for process, machine and quality controls, runnability and condition monitoring, web inspection and web break camera systems as well as analysers.
MCC Paper Yinhe is a state-owned company operating two mills in Linqing city with around 6,000 employees. The company was originally founded 1958 and joined MCC in August 2007. MCC (China Metallurgical Group Corporation) is one of the largest equipment manufacturers in China with revenues of over RMB 18 billion in 2006.
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:
Hannu T Pietilä, Vice President, Sales, Paper and Board business line, Metso Paper,
tel. +358 40 503 4085
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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