HELSINKI, FINLAND -- 08/20/08 --
Metso Corporation Company release on August 20, 2008 at 2 p.m.
Metso has signed a contract with the Chinese Zhanjiang Chenming for
the supply of the main equipment for the company's new pulp mill in
Zhanjiang, Guangdong province, China. The capacity of the wood pulp
mill, to be taken into operation by October 2010, will be 700,000
t/year. The total value of the contract is approx. EUR 200 million.
The project execution will begin in August 2008, and the order will
be included in the third-quarter order backlog.
The scope of supply comprises the main equipment for the pulping
line, including wood handling, cooking, screening and washing,
bleaching, drying and baling. For black liquor burning, Metso will
supply a recovery boiler, as well as the mill's odorous gas treatment
system. The automation supply includes a comprehensive process
automation system for the entire pulp mill. The fiber-line automation
also includes analyzers and training simulators, and for the pulp
dryer, the quality control system.
Metso was selected as supplier due to the technology and
environmentally friendly process solutions. The contract emphasizes
Metso's strong capabilities as a full-scope supplier for the pulp
industry.
Zhanjiang Chenming is a part of Shandong Chenming Paper Holdings
Limited, one of the biggest paper producers in China. In 2007, the
company's paper production capacity was approximately three million
tons, turnover approximately EUR 1,5 billion and the number of
employees 15,000.
Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 50 countries serve customers in the pulp and paper
industry, rock and minerals processing, the energy industry and
selected other industries.
www.metso.com
Further information for the press, please contact:
Pasi Mäkelä, SVP, Sales and CRM, Fiber bussiness line, Metso Paper,
tel. +358 40 505 4199
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation, tel. +358 20 484 3253
Metso Corporation
Olli Vaartimo
Executive Vice President and CFO
Kati Renvall
Vice President, Corporate Communications
Distribution:
OMX Nordic Exchange in Helsinki
Media
www.metso.com
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