Metso signs a Letter of Order for a paper making line with MCC Meili
of China>
Metso signs a Letter of Order for a paper making line with MCC Meili of China
(Thomson Reuters ONE) - Metso Corporation's company release on July 10, 2009 at 10:35 a.m.Metso and the Chinese MCC Meili Paper Industry Co. Ltd. have signed aLetter of Order for the delivery of a lightweight-coated papermakingline to the customer's mill in Zhongwei city, Ningxia autonomousregion in China. The start-up of the production line is scheduled forthe first quarter of 2011. The total value of the order is approx.EUR 90 million. The deal is still subject to the parties coming tothe final agreement of the project within a few months.The Letter of Order covers a complete paper machine from headbox toreel with related stock preparation and air systems as well asfinishing systems.MCC Meili operates several paper machines in Zhongwei city on theLoess Plateau of north-west China. The company was originally foundedin 1958 and it is today a subsidiary of MCC (China MetallurgicalGroup Corporation). MCC is one of the largest equipment manufacturersin China.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:Hannu T Pietilä, Vice President, Sales, Paper business line, Metso,tel. +358 40 503 4085Further information for investors, please contact:Marja Kortesalo, Investor Relations Manager, Metso Corporation, tel.+358 20 484 3211Metso 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.
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Datum: 10.07.2009 - 03:36 Uhr
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