Stock Exchange release July 10, 2009 09:35:50 AM CET
Metso signs a Letter of Order for a paper making line with MCC Meili of China
Metso Corporation's company release on July 10, 2009 at 10:35 a.m.
Metso and the Chinese MCC Meili Paper Industry Co. Ltd. have signed a Letter of Order for the delivery of a lightweight-coated papermaking line to the customer's mill in Zhongwei city, Ningxia autonomous region in China. The start-up of the production line is scheduled for the first quarter of 2011. The total value of the order is approx. EUR 90 million. The deal is still subject to the parties coming to the final agreement of the project within a few months.
The Letter of Order covers a complete paper machine from headbox to reel with related stock preparation and air systems as well as finishing systems.
MCC Meili operates several paper machines in Zhongwei city on the Loess Plateau of north-west China. The company was originally founded in 1958 and it is today a subsidiary of MCC (China Metallurgical Group Corporation). MCC is one of the largest equipment manufacturers in China.
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 about 28,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Hannu T Pietilä, Vice President, Sales, Paper business line, Metso, tel. +358 40 503 4085
Further information for investors, please contact:
Marja Kortesalo, Investor Relations Manager, Metso Corporation, tel. +358 20 484 3211
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