Stock Exchange release May 4, 2005 12:31:27 PM CET

Metso to rebuild UPM's fine paper machine in Germany

Metso Paper will deliver a large rebuild of the fine paper machine PM 3 to the UPM-owned Nordland Papier in Niedersachsen, Germany. The rebuild will be completed during autumn 2006. The value of the order amounts to close to EUR 60 million.
Metso Paper's delivery will comprise a headbox, a wire section and a press section with a shoe press. The dryer section will be modified to correspond to the higher speed and increased production capacity. Additionally, the machine will be equipped with an on-line calender, a reel as well as a fully automatic winder. Metso Paper will also provide erection and start-up supervision, training and mill engineering. Metso Automation will supply machine and process control systems.
The target of the rebuild is to improve both product quality and production efficiency. The PM 3 has a wire width of 7,050 mm and it is dimensioned for a capacity of 1,115 tons/day.
Nordland Papier is the biggest fine paper mill in Europe. Its production capacity is approx. 1.3 million tons of fine papers annually with four paper machines supplied by Metso. The personnel amounts to 1,850.
UPM is one of the world's leading forest products companies. The company's businesses focus on magazine papers, newsprint, fine and speciality papers, converting materials and wood products.  In 2004, the company's turnover was close to EUR 10 billion and the group employs approximately 33,400 people.
Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metso's shares are listed on the Helsinki and New York Stock Exchanges.

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