Metso Corporation's stock exchange release on April 18, 2011 at 4:00 p.m. local
Metso has concluded an agreement to supply all main technology for the 1.5
million tonnes greenfield pulp mill of Suzano Papel e Celulose S.A., to be built
in the state of Maranhão in the northeastern part of Brazil. Start-up is
scheduled for the first half of 2013. A stock exchange release regarding the
advanced negotiations between Metso and Suzano was published on March 1, 2011.
The value of the order is not disclosed. However, a typical value of an order of
this size and scope is EUR 800-900 million. About 60 percent of this is made up
by Metso-supplied equipment and systems and they will be recorded as Metso's new
orders and consequently in net sales during the delivery period. The rest covers
equipment and related services from other suppliers and partners, which are also
within Metso's responsibility but is invoiced directly from Suzano by the
subcontractors. About 50 percent of the Metso-supplied content is included in
Paper and Fiber Technology's second-quarter orders received and about 50 percent
in Energy and Environmental Technology's second-quarter orders received.
Metso's scope of supply covers the main parts of a green field pulp mill
comprising wood handling, cooking plant and fiberline, pulp drying and baling,
evaporation, power boiler, recovery boiler, causticizing and lime kiln,
including an integrated automation solution for all process areas. The new mill
will produce 1.5 million tonnes of bleached eucalyptus market pulp per year.
"The order from Suzano emphasizes Metso's strong capabilities as a full-scope
supplier for the global pulp industry. It is a result of the hard work our
dedicated and knowledgeable employees have done in developing and providing
leading-edge technologies", says Pasi Laine, President of Metso's Paper and
Suzano Papel e Celulose is a forestry-based company and one of the largest
vertically integrated producers of pulp and paper in Latin America. The
company's main products, sold on the domestic and international markets, are
eucalyptus pulp, printing and writing paper and paperboard.
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 28,500 employees in more than 50 countries.
Further information for the press, please contact:
Celso Tacla, President, Paper and Fiber Technology operations in South America,
Metso, tel. +55 41 3341 4403
Lars Dahlqvist, Senior Vice President, Fiber Processing Unit, Fiber business
line, Metso, tel. +46 70 606 80 90
Hannu Tähkänen, Senior Vice President, Wood and Pulp Handling, Fiber business
line, Metso, tel. +358 40 551 7947
Pasi Laine, President, Paper and Fiber Technology, Metso, tel. +358 40 562 4339
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.
+358 20 484 3253
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd