Stock Exchange release October 31, 2008 12:00:00 PM CET
Metso to supply two tissue lines to HengAn International Group, China
Metso Corporation Company release on October 31, 2008 at 1.00 p.m.
Metso will supply two complete tissue production lines to HengAn International Group in China. One of the lines will be delivered to the Group's Hunan HengAn Living Paper Products Co., Ltd, Changde City, Hunan province, and the other to Shandong HengAn Paper Co., Ltd, Weifang City, Shandong province. The lines will be started up in December 2009 and in July 2010. The market value of a single tissue production line of this type is in the range of EUR 15-20 million, depending on the scope of the delivery and the production output. A part of the order will be included in Metso Paper's and a part in Metso Automation's Q4 orders received.
Metso's delivery comprises two tissue production lines with stock preparation equipment. Both production lines include a tissue machine including a multi-layer headbox, a yankee cylinder, a hood, a dust management system and a reel. The delivery also features Metso's new patented pressing technology. Both production lines are optimized to save energy and to enhance final product quality. The delivery includes an extensive automation package with machine and process control systems, a scanner and quality controls, as well as a basis weight profiling system.
The new production lines will add another 120,000 tonnes of facial, toilet and towel grades to HengAn Group's total production. The raw material for the new lines will be virgin pulp.
In 2006 and 2008, Metso has successfully started up two similar tissue lines at the HengAn International Group's Anhai mill in Fujian province.
HengAn International Group Co., Ltd. whose shares are listed on the Hong Kong stock exchange is a Chinese consumer product company with a nationwide sales and distribution network. The company's turnover in 2007 was HKD 5.7 billion (approx. EUR 520 million) and the amount of employees 16,000.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 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:
Anders Björn, President, Metso Paper Karlstad AB, Tissue business line, Metso Paper,
tel. +46 54 17 13 38, cell phone +46 705 1713 38
Leif Forsberg, Senior Vice President, Sales, Tissue business line, Metso Paper
Tel. +46 54 17 13 10, cell phone +46 705 17 13 10
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Executive Vice President and CFO
Vice President, Corporate Communications
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