Stock Exchange release March 23, 2007 10:03:09 AM CET
Metso to supply coated board line to Shandong International Paper & Sun Coated Paperboard in China
Metso Paper will supply a coated board line to Shandong International Paper & Sun Coated Paperboard Co., Ltd. in China. The machine, which will have an annual capacity exceeding 400,000 tonnes, will come on stream in the second quarter of 2008 in Yanzhou, Shandong province. The value of the order is close to EUR 60 million.
The new PM 22 board line is a single-supplier delivery by Metso Paper, and it is based on a novel technology concept for the production of superior coated cartonboard grades. The production line will contain a complete 3-ply coated board machine with five coating stations, enabling the production of folding boxboard, art board and liquid packaging board grades. The line will have a wire width of 5,100 mm and a design speed of 900 m/min. Quality and machine controls, basis weight and moisture profilers are supplied by Metso Automation. A part of the delivery will be supplied by Metso Paper (China).
Metso Paper and Sun Paper Group have a long-term business relationship. Earlier, Metso Paper has supplied two board machines, one paper machine and a coating line to the Group's Yanzhou mill.
Sun Paper Group is one of the foremost paper and board producers in China with a combined production capacity of 1,500,000 tonnes per year. The Group consists of three companies: Shandong Sun Paper Co., Ltd., Shandong International Paper & Sun Coated Paperboard Co., Ltd. and International Paper & Sun Cartonboard Co., Ltd. Sun Paper Group employs more than 7,000 people at its Yanzhou mill.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its 25,500 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:
Tapani Kultaranta, Senior Sales Manager, Finishing Business Line, Metso Paper,
tel. +358 40 503 4490
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253