Stock Exchange release July 9, 2007 02:15:00 PM CET
Metso supplies power boiler to Mölndal Energi's combined heat and power plant in Sweden
Metso Power, a part of Metso Paper business area, will supply Mölndal Energi AB with a biomass-fired power boiler to company's new combined heat and power plant in Mölndal, Sweden. Start-up for the plant is scheduled for the second half of 2009. The value of the order is approximately EUR 45 million. The order will be included in Metso's third quarter order backlog.
The power boiler (70 MWth) will utilize bubbling fluidized bed technology and will burn biomass replacing the plant's use of fossil fuels in the district heat production. The plant's district heating capacity will satisfy the need of around 25 000 houses. Mölndal Energi also starts to produce electricity and the capacity will correspond to the yearly demand of all households in Mölndal.
Mölndal Energi AB, part of the Mölndal Energi group, offers district heating, electricity, electricity distribution network, broadband, cable television and contract services. Mölndal Energi AB has a district heating network near Gothenburg and it is also an independent player on the Swedish electricity market. The company supplies electricity to around 22,250 customers.
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:
Martin Ridderheim, Vice President & General Manager, Metso Power, tel. +46 706 541 237
Executive Vice President and CFO
Helsinki Stock Exchange
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