Stock Exchange release January 15, 2009 02:00:00 PM CET
Metso to supply fine paper machine to Sun Paper Group in China
Metso Corporation's press release on January 15, 2009 at 3:00 p.m.
Metso will supply an uncoated fine paper machine to Yanzhou Huamao Paper Industry Co. Ltd., member of Sun Paper Group, in Yantzhou city in Shandong Province, China. The start-up of the production is scheduled for the first quarter of 2010. The value of the order will not be disclosed. The market value of these types of fine paper production machines is approx. EUR 60 million, depending on the scope of the delivery. The order will be included in Paper and Fiber Technology segment's Q1 orders received.
Metso's delivery will include a complete paper machine from headbox to reel, with related automation systems. The new paper machine, which will have a wire width of 7.85 m and a design speed of 1,600 m/min, will produce around 350,000 tonnes of uncoated fine papers annually.
Metso's local units in Finland and in China will participate in the delivery. During the last eight years, Metso has supplied three board machines, one paper machine and a coating line to the Yanzhou mill.
Yanzhou Huamao Paper Industry Co. Ltd. belongs to Sun Paper Group. Altogether the group runs 22 paper machines mostly producing printing and writing grades with a combined capacity well exceeding 2,200,000 t/y. Sun Paper Group employs more than 7,000 persons.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have over 28,000 employees in more than 50 countries. www.metso.com
For further information, please contact:
Jari Koikkalainen, Senior Vice President, Sales and Marketing, Paper business line, Metso, tel. +358 40 838 8950