Metso Corporation's stock exchange release on April 18, 2011 at 4:00 p.m. local time
Metso has concluded an agreement to supply all main technology for the 1.5 million tonnes greenfield pulp mill of Suzano Papel e Celulose S.A., to be built in the state of Maranhão in the northeastern part of Brazil. Start-up is scheduled for the first half of 2013. A stock exchange release regarding the advanced negotiations between Metso and Suzano was published on March 1, 2011.
The value of the order is not disclosed. However, a typical value of an order of this size and scope is EUR 800-900 million. About 60 percent of this is made up by Metso-supplied equipment and systems and they will be recorded as Metso's new orders and consequently in net sales during the delivery period. The rest covers equipment and related services from other suppliers and partners, which are also within Metso's responsibility but is invoiced directly from Suzano by the subcontractors. About 50 percent of the Metso-supplied content is included in Paper and Fiber Technology's second-quarter orders received and about 50 percent in Energy and Environmental Technology's second-quarter orders received.
Metso's scope of supply covers the main parts of a green field pulp mill comprising wood handling, cooking plant and fiberline, pulp drying and baling, evaporation, power boiler, recovery boiler, causticizing and lime kiln, including an integrated automation solution for all process areas. The new mill will produce 1.5 million tonnes of bleached eucalyptus market pulp per year.
"The order from Suzano emphasizes Metso's strong capabilities as a full-scope supplier for the global pulp industry. It is a result of the hard work our dedicated and knowledgeable employees have done in developing and providing leading-edge technologies", says Pasi Laine, President of Metso's Paper and Fiber Technology.
Suzano Papel e Celulose is a forestry-based company and one of the largest vertically integrated producers of pulp and paper in Latin America. The company's main products, sold on the domestic and international markets, are eucalyptus pulp, printing and writing paper and paperboard.
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 28,500 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Celso Tacla, President, Paper and Fiber Technology operations in South America, Metso, tel. +55 41 3341 4403
Lars Dahlqvist, Senior Vice President, Fiber Processing Unit, Fiber business line, Metso, tel. +46 70 606 80 90
Hannu Tähkänen, Senior Vice President, Wood and Pulp Handling, Fiber business line, Metso, tel. +358 40 551 7947
Pasi Laine, President, Paper and Fiber Technology, Metso, tel. +358 40 562 4339
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Vice President, Investor Relations
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