| Metso to Supply Coated Board Line to International Paper and Sun Cartonboard in China |
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Helsinki, Finland, 19 September 2011 -- Metso will supply a coated board production line to International Paper and Sun Cartonboard Co., Ltd., in China. The value of the order will not be disclosed. A typical value of this kind of a production line is EUR 90–120 million, depending on the scope of the delivery and the production output. Metso’s delivery will include a complete coated board machine from headbox to winders, including stock preparation and approach flow systems, hoods with machine ventilation, and coating color preparation systems. Additionally, the full-scope automation delivery will include process, machine and quality controls, web break monitoring, web inspection, and condition monitoring. The main part of the order is included in Paper and Fiber Technology’s third quarter 2011 orders received and the automation delivery in Energy and Environmental Technology’s third quarter 2011 orders received. International Paper and Sun Cartonboard Co., Ltd. is a joint venture co-established by International Paper and Sun Paper Group. The joint venture combines International Paper’s management and technology experience with Sun Paper Group’s local resources and in-depth understanding of local market. The combined capacity of its three machines is 850,000 tons/year and the net sales in 2010 were about EUR 530 million (USD 700 million). Metso (www.metso.com) is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling, and the pulp and paper industries. The company has about 29,000 employees in more than 50 countries. |
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