Metso Paper will supply Lee & Man Paper Co. with a kraftliner board machine for
their new mill, to be built in Vietnam. The new PM 15 will have an annual
capacity of 400,000 metric tons and is scheduled to start up in July 2008. The
total value of the order is approximately EUR 40 million.
The new 3-ply board machine is a single-supplier delivery from Metso Paper. The
delivery also includes machine controls and quality control systems by Metso
Automation.
PM 15 will have a wire width of 7,250 mm and a design speed of 1,150 m/min. It
will be the largest paper or board machine ever installed in Vietnam, at the
same time representing the first investment in high-technology paper and board
making in the country.
The new mill will be located at a greenfield site 200 km south of Ho Chi Minh
City. Once completed, the new mill will serve the fast growing Vietnamese
packaging market with high quality linerboard products. In 2005, paper and board
consumption totaled 1.3 million tons in Vietnam, and annual consumption per
capita was approximately 13 kg.
Lee & Man Paper Manufacturing Co., Ltd. is one of China's largest containerboard
producers. The company, founded in 1994 and listed on the Hong Kong Stock
Exchange, has three containerboard mills with a combined annual production
capacity of 2.2 million metric tons.
Metso is a global engineering and technology corporation with 2006 net sales of
approximately EUR 5 billion. Its 25,500 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:
Hannu T Pietilä, Senior Vice President, Sales and Marketing, Paper & Board
Business Line, Metso Paper, tel. +358 40 503 4085
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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