Metso to supply fine paper line to Zhanjiang Chenming in China,
earlier received pulp mill order can
Metso to supply fine paper line to Zhanjiang Chenming in China, earlier received pulp mill order cancelled
(Thomson Reuters ONE) - Metso Corporation's company release on July 6, 2009 at 1:00 p.m.Metso has signed a contract with the Chinese Zhanjiang Chenming Pulp& Paper Co., Ltd., for the supply of the world's largest fine paperproduction line to the company's greenfield pulp and paper mill inZhanjiang, Guangdong province, China. The total value of the order isapprox. EUR 130 million. The new paper line order is included inPaper and Fiber Technology's Q3 orders received. At the same timeMetso has agreed with the customer that the pulp mill order whichMetso was awarded in Q3/2008 will be cancelled.The new fine paper line will be taken into use in the first quarterof 2011. The delivery will include a complete paper making line forwoodfree uncoated fine paper from headbox to reel as well as twowinders. The wire width of the paper machine is 11,150 mm.Zhanjiang Chenming is part of Shandong Chenming Paper HoldingsLimited, one of the biggest paper producers in China. In 2008, thecompany's paper production capacity was over 3 million tons, turnoverover EUR 2 billion and the number of employees approx. 17,000.Metso is a global supplier of sustainable technology and services formining, construction, power generation, automation, recycling and thepulp and paper industries. We have about 28,000 employees in morethan 50 countries. www.metso.comFurther information for the press, please contact:Bertel Langenskiöld, President, Paper and Fiber Technology, Metso,tel. +358 400 813 860Further information for investors, please contact:Marja Kortesalo, Investor Relations Manager, Metso, tel. +358 20 4843211Metso CorporationOlli VaartimoExecutive Vice President and CFOKati RenvallVice President, Group CommunicationsDistribution:NASDAQ OMX Helsinki LtdMediawww.metso.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 06.07.2009 - 12:00 Uhr
Sprache: Deutsch
News-ID 3260
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