HELSINKI, Finland, Dec. 15, 2005 (PRIMEZONE) -- Metso Paper's contract for a board making line to Modern Karton Sanayi Ticaret AS has become effective. The value of the agreement is around EUR 80 million, and the order is included in the order book for the last quarter of 2005. The letter of intent was signed in February 2005.
The board line will be started up in the last quarter of 2007 and its the annual capacity will be 400,000 tons of containerboard grades.
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.