HELSINKI, Finland, Sept. 18, 2007 (PRIME NEWSWIRE) -- Metso Paper will supply a lightweight containerboard production line to Mondi Packaging. The site of the new production line will be decided later on. The start-up of the production is scheduled for April 2009. The value of the order is around EUR 100 million.
Metso's delivery will include a complete containerboard production line from OCC (Old Corrugated Container) recycled fiber line to winder, including related stock preparation and air systems as well as starch preparation systems. Metso Automation will supply the quality control systems. The paper machine will produce about 1,500 tons of testliner and fluting grades daily.
Mondi Packaging is a global integrated paper and plastic packaging company, active in the corrugated, bag and flexibles businesses. With above 90 production facilities in around 30 countries and 17,000 employees, the company achieved a revenue of USD 4,132 million in 2006.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26,000 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
Metso Corporation Olli Vaartimo Executive Vice President and CFO Kati Renvall Vice President, Corporate Communications distribution: Helsinki Stock Exchange New York Stock Exchange Media www.metso.com