Stock Exchange release May 28, 2013 08:00:00 AM CET

Metso signs letter of intent with CMPC Celulose Riograndense covering key pulp mill technology in Brazil

Metso Corporation's stock exchange release on May 28, 2013 at 9:00 a.m. local time

Metso has signed a letter of intent with CMPC Celulose Riograndense S.A. to supply key technology for CMPC's Guaíba II pulp line in Brazil. The new pulp line, which is an expansion to the existing Guaíba pulp mill, will have a capacity of 1.3 million tonnes per year and will be able to reach 1.5 million tonnes per year with minor investments. The new pulp line is to be built in the state of Rio Grande do Sul in southern Brazil and is scheduled to be commissioned in the first half of 2015.

The value of the anticipated delivery will not be disclosed. However, a project of this size and scope is typically valued at EUR 800-900 million. Around 50 percent of this would consist of Metso-supplied equipment and systems.

The plan is to sign the final agreement by the end of June, and the order is expected to be included in Pulp, Paper and Power's second quarter 2013 orders received.

Metso technologies offer the lowest operational costs in the industry

The letter of intent covers the main parts of the pulp line: the cooking plant and fiberline, pulp drying and baling, evaporation, a recovery boiler, causticizing and lime kiln, and an integrated automation solution and an operator training simulator for all mill process areas. The Guaíba mill will produce 1.3 million tonnes of bleached eucalyptus market pulp per year and its modern technologies will enable it to achieve some of the lowest operational costs in the industry.

"The anticipated delivery for CMPC recognizes Metso's strong capabilities as a full-scope supplier for the pulp industry," says Pasi Laine, President of Metso's Pulp, Paper and Power business. "It also highlights our customers' trust in the know-how that we have developed locally to build complete pulp mills. We are in the final construction phase of a similar-sized pulp mill in northeastern Brazil, and our target now is to start another major project in the south of the country."

Best technologies for high yield and reduced chemical, water, and steam consumption

All the machinery and equipment planned for the new Guaíba project are based on the best technologies available. The capacity of the evaporation plant will be the largest in the world. The stationary cooler planned for the lime kiln makes use of a technology that is mainly used in the cement industry and will bring significant savings in fuel oil consumption. The recovery boiler is also based on the best available technology for high power generation. The fiberline features industry-leading operational costs, combining high pulping yield, low chemical consumption, and reduced water consumption with low effluent levels. The pulp dryer will utilize the most reliable technology to provide low steam consumption, and will be equipped with high-speed baling lines.

CMPC Celulose Riograndense is part of the Chilean group, CMPC Celulosa, one of the largest forestry-based companies in Latin America. Its mills in Chile and Brazil produce around 2.8 million tonnes of pulp per year.

Metso's pulp, paper and power professionals specialize in processes, machinery, equipment, services, paper machine clothing and filter fabrics. Our offering and experience cover the entire process life cycle including new production lines, rebuilds and services.

www.metso.com/pulpandpaper, www.metso.com/power  , www.twitter.com/MetsoPulpPaper  

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd.

www.metso.com, www.twitter.com/metsogroup

For further information
for the press, please contact:

Pasi Laine, President, Pulp, Paper and Power, Metso, tel. +358 20 484 3200

Further information for investors, please contact:

Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen

VP, Investor Relations

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com