Stock Exchange release March 31, 2008 08:00:00 AM CET
Metso to supply board line to Shandong Bohui in China
Metso Paper will supply a coated board production line to Shandong Bohui in China. The start-up of the production is scheduled for the second half of 2009. The value of the order is around EUR 100 million.
Metso's delivery will include a complete coated board line with related air systems and two winders. In addition, Metso Automation will supply an extensive automation package, which includes machine and quality controls with runnability and condition monitoring systems.
The board machine, which will have a wire width of 6.25 m and a design speed of 900 m/min, will produce close to 1,400 tonnes of folding boxboard per day. The line will include the latest technology developed by Metso, enabling raw material savings and ensuring excellent printability of the board.
Shandong Bohui Paper Group employs approximately 5,000 persons. The annual paper and boardmaking capacity is around 850,000 tonnes.
Metso is a global engineering and technology corporation with 2007 net sales of approximately EUR 6 billion. Its almost 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:
Jari Koikkalainen, Senior Vice President, Sales and Marketing, Paper and Board business line, Metso Paper, tel. +358 40 838 8950
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Executive Vice President and CFO
OMX Nordic Exchange in Helsinki