Metso Corporation’s press release on February 19, 2020 at 2:00 p.m. EET
Customers in various process industries continued to trust in the valve services of Metso’s valve business, future Neles Corporation, in 2019 to secure plant availability, reliability, safety and environmental compliance. Last year Metso’s flow control experts took part in around 250 major shutdowns globally.
Services that include specialized maintenance planning, on-time start-up and effective execution will ensure the safety and availability of the plant until the next planned shutdown. Unless you are prepared for the unexpected with the right partner and proper planning, an unexpected stop can happen affecting materials, schedules and resources.
”It is very important that customers can rely on our know-how during a tightly scheduled shutdown project. Having us as a reliability partner for shutdown planning secures that the right valves are maintained and that the correct materials and resources are available when needed,” says Sami Nousiainen, VP of Valves Services at Metso.
Metso delivers tag-specific service reports, test certificates and recommendations for future maintenance, upgrades and replacements to improve the plant’s process reliability and safety.
“We currently use diagnostic data, performance data and historical maintenance data to determine which valves need be maintained during shutdown. In the future, we want to be able to utilize this data even more effectively,” Nousiainen adds.
Metso has a broad valve maintenance experience and in-depth expertise in shutdowns around the world which brings customers significant benefits. Metso offers valve services through its 40 service locations around the world.
About future Neles Corporation
The future Neles Corporation is a well-known flow control solutions and services provider to the oil and gas refining, pulp, paper and bioproducts industry, chemicals and other process industries. Neles employs about 2,900 people and it has operations in more than 40 countries. Neles’ unaudited carve-out sales for full-year 2019 were EUR 660 million and its carve-out operating profit was EUR 93 million.
Neles Corporation is planned to be created in a partial demerger of Metso, in which Metso’s Flow Control business would become the independent Neles Corporation and it would continue Metso’s listing on Nasdaq Helsinki. Simultaneously, Metso’s Minerals Business would combine with Outotec to create Metso Outotec.
The closing of the transaction is currently expected to take place on June 30, 2020, subject to regulatory approvals. The Extraordinary General Meetings of both Metso and Outotec approved the transaction on October 29, 2019.
Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15,000 people in more than 50 countries. metso.com, twitter.com/metsogroup
For further information, please contact:
Sami Nousiainen, Vice President, Valve Services, Valves business area, Metso, Tel. +358 40 743 3897, E-mail: email@example.com
Helena Marjaranta, Vice President, Communications and Stakeholder Relations, Metso Corporation, Tel. +358 20 484 3212, Email: firstname.lastname@example.org