Metso Corporation Stock Exchange Release Febaruary 7, 2007 at 9.30 a.m.
Metso supplies large paper making line to Oji Paper in Japan
Metso Paper will supply Oji Paper Co., Ltd. in Japan with a large paper making
line. The new 350,000 tpy PM N-1 light-weight coated paper production line will
be constructed at Oji Paper's Tomioka mill located in Anan City on Shikoku
island. Start-up is scheduled for the fourth quarter of 2008. The total value of
the order is more than EUR 100 million.
The OptiConcept paper machine will have a wire width of 10.2 m and a design speed
of 2,000 m/min. It is an all on-line machine, featuring the first on-line
multinip calender in Japan. The delivery also includes two winders, various
auxiliaries, process systems, air systems and site services.
Oji has production facilities in Asia, Europe, North America and New Zealand. In
2005 the company had sales of EUR 8 billion and a personnel of close to 20,000.
The Japanese paper and board industry, which currently ranks number three in the
world with its 31 million annual tonnes, has recently made major investments in
new capacity. Within the past eight months, four new, large papermaking lines
have been announced in the country, with Metso Paper selected as the main
supplier for three of them: Nippon Paper's Ishinomaki mill PM 6, Hokuetsu Paper
Mills' Niigata PM 9, and Oji Paper's Tomioka PM 1.
Metso Paper has been actively present in the Japanese pulp and paper market -
widely considered as one of the world's most demanding - for 30 years, first in
co-operation with Sumitomo Heavy Industries, and since the beginning of 2007 as
an independent company, Metso Paper Japan Co., Ltd.
Metso is a global engineering and technology corporation with 2005 net sales of
approximately EUR 4.2 billion. Its 25,000 employees in more than 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:
Risto Hautamäki, President, Metso Paper, tel. +358 20 484 3101
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253
Metso Corporation
Olli Vaartimo Kati Renvall
Executive Vice President and CFO Vice President,
Corporate Communications
distribution:
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