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Metso's new Lokotrack(r) LT220D mobile crusher revolutionizes aggregate contracting
GlobeNewswire - Tue Mar 04, 1:29PM CST
Lokotrack LT220D, the latest addition to Metso's mobile crushing and screening equipment range, will revolutionize the way aggregate contractors operate around the world. Combining a cone crusher and a screen into a single track-mounted plant, the Lokotrack LT220D reduces operational costs in several ways, most notably by substantially lowering fuel consumption and reducing the need for maintenance. In addition, the unit is compact and highly transportable.
Metso's Annual Report and Corporate Governance Statement for 2013 published
GlobeNewswire - Tue Mar 04, 6:11AM CST
Metso published its online Annual Report for 2013 in English today at www.metso.com/2013 . The Annual Review and Financial Statements for 2013 in Finnish and English have been published in pdf format at www.metso.com/reports .
Metso wins three prestigious iF design awards
GlobeNewswire - Tue Mar 04, 1:35AM CST
Metso's mobile crushing plant, biomass moisture analyzer and scrap shear and shredder concept have received prestigious iF design 2014 awards. The jury in one of the world's top product design competitions recognized Metso's products for their design quality, degree of innovation, environmental impact, functionality, safety and branding, among others.
Metso wins a significant contract to supply valve solutions to Saudi Aramco's petroleum refining and petrochemical production complex
GlobeNewswire - Thu Feb 27, 5:08AM CST
Metso has received a large order to be delivered to Saudi Aramco's petroleum refining and petrochemical production complex currently under construction. The order includes a considerable number and wide range of Metso's Neles rotary and globe valves and Jamesbury valves, including control, on-off and safety valves. It also includes Metso's intelligent safety solenoid technology and valve controllers, which guarantee maximum process availability and safety while reducing overall operating costs.
Neste Oil chooses Metso's automation and valve technology for the production of high-octane gasoline
GlobeNewswire - Tue Feb 25, 3:47AM CST
The process unit under construction at Neste Oil's refinery in Porvoo, Finland, transforms gasoline fractions into more valuable and higher-quality gasoline components. Automation's role is to ensure accurate control and safety in the demanding process.
10-K: SPX CORP
Edgar Online - Fri Feb 21, 3:25PM CST
ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
The joint venture between Metso and LiuGong will develop the Chinese track-mounted crushing and screening business
GlobeNewswire - Mon Feb 17, 2:06AM CST
Metso and Guangxi Liugong Group Co., Ltd. (LiuGong) have obtained all necessary approvals from the Chinese authorities and the 50%-50% joint venture between the two companies has been officially established. Headquartered in Shanghai, Liugong Metso Construction Equipment (Shanghai) Co. Ltd. (LiuGong-Metso), will combine Metso's know-how in track-mounted crushing and screening business and technology with LiuGong's extensive distribution resources (~900 customer service locations in China) and manufacturing capabilities in China.
Determining the acquisition cost of Metso and Valmet shares under the Finnish income tax system
GlobeNewswire - Fri Feb 07, 6:18AM CST
Metso Corporation's Pulp, Paper and Power businesses were transferred to Valmet Corporation through a partial demerger as of December 31, 2013 and Metso shareholders received one (1) Valmet share for each of their Metso shares as a demerger consideration. As a result of the demerger, the original acquisition cost of Metso shares will be split between Metso and Valmet shares under the Finnish income tax system. Acquisition costs vary, depending on the time when the shares were originally acquired. Determining this cost is necessary for tax purposes to calculate the capital gain or loss from the sale of the shares in question.
Metso will help Minera Esperanza mine in Chile to increase its daily throughput by 20,000 tons per day
GlobeNewswire - Fri Feb 07, 5:05AM CST
The Minera Esperanza mine in Chile has decided to commence a project with Metso which targets to increase the mine's annual production of copper and gold by 15-20%. This will be done by installing a 20,000 ton per day (tpd) crushing and screening system which bypasses part of the mine's existing grinding circuit. The new plant is scheduled to start operations in 2015. There will be a site team of over 500 people during the peak phase of the project. The order, worth of around EUR 80 million, was booked in Mining and Construction's Q4 2013 orders received.
Invitation to the Annual General Meeting
GlobeNewswire - Thu Feb 06, 5:10AM CST
Notice is given to the shareholders of Metso Corporation to the Annual General Meeting to be held on Wednesday, March 26, 2014 at 11.00 a.m. at the Helsinki Exhibition & Convention Centre at the address Messuaukio 1, FI-00520 Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 10.00 a.m.
Metso's Financial Statements Review for 2013
GlobeNewswire - Thu Feb 06, 4:08AM CST
We will arrange a news conference on Metso's Financial Statements Review for 2013 for the media, investors and analysts, in Helsinki today. The event takes place at Metso Group Head Office, Fabianinkatu 9 A, Helsinki, Finland. A News conference in English will be arranged at 15:00 EEST / Helsinki time (08:00 EDT / New York, 13:00 BST / London, 14:00 CEST / Paris). The news conference can also be followed through a live webcast at www.metso.com/irwebcasts and through a conference call. Questions are accepted via conference call. Details of the event can be found at the end of this release.
Metso's fully automated new crushing and screening solution will enable Franzefoss Steinskogen quarry in Norway to manufacture customized products with flexible production and reliable performance
GlobeNewswire - Tue Feb 04, 3:03AM CST
Aggregates producer Franzefoss is upgrading capacity on its existing Steinskogen quarry site outside of Oslo, Norway to meet its long term growth targets. Metso's fully automated crushing stages will allow flexible operations and scaling of the production to meet market demand. The value of the order will not be published.
Metso strengthens its global delivery and service capability by investing in a new Neles(R) globe valve technology center in South Korea
GlobeNewswire - Wed Jan 22, 1:09AM CST
To respond to the growing global demand for reliable valve technology, Metso has decided to build a new green-field global valve technology center in Chungju, South Korea. The investment will strengthen Metso's control valve and service capabilities for customers in the oil & gas and power industries, both locally and globally. The new facility will be ready to begin global deliveries in September 2014.
Changes in Metso's financial reporting and the publication of its Financial Statements for 2013 on February 6, 2014
GlobeNewswire - Fri Jan 17, 4:46AM CST
Changes in financial reporting
Metso's Nomination Board's proposal for the composition and remuneration of the Board of Directors
GlobeNewswire - Wed Jan 15, 8:09AM CST
The Nomination Board of Metso Corporation proposes to the next Annual General Meeting, which is planned to be held on March 26, 2014, that the number of members of the Board of Directors is seven.
Great East Energy Names Investor Relations Team for Its Natural Gas Production and Development Companies
Marketwire - Tue Jan 14, 7:02AM CST
Great East Energy, Inc. (OTCQB: GASE) (and the "Company") which controls over 160 square miles of producing European clean energy holdings through two local operating companies, has named two leading investor relations firms to the GASE professional advisory team. Lamnia International in Danbury, CT has been contracted to provide communications coordination for GASE's investor relations (IR) programs serving both retail and institutional shareholders and investors. Equisolve, LLC of Ft. Lauderdale, FL has been engaged by GASE to provide all aspects of a full-service, investor-facing website, including hosting infrastructure and a content management system. GASE is publically traded in the U.S. and is a fully-reporting company with the SEC whose wholly-owned subsidiary controls two companies which have been producing gas since 2003, own two gas processing facilities, and over eight miles of gas pipelines to their customers.
Sadara Chemical Company selects Metso valves for its chemicals complex in Al Jubail, Saudi Arabia
GlobeNewswire - Tue Jan 14, 4:09AM CST
Metso has received significant orders for its Nelesand Jamesbury valves from Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The valves will be delivered for Sadara's fully integrated chemicals complex currently under construction in Al Jubail, Saudi Arabia. Metso received these orders during 2013.
US Supreme Court denies Metso the right to appeal in a patent dispute between Metso and Terex
GlobeNewswire - Tue Jan 14, 2:48AM CST
The United States Supreme Court has denied Metso the right to appeal a decision by the United States Court of Appeals for the Federal Circuit in a patent infringement lawsuit between Metso and Terex Corporation that rejected Metso's claims for damages against Terex. As a result, this ruling remains final.
Metso's industry-leading mobile application for mining and construction customers now also available for Android users
GlobeNewswire - Thu Jan 09, 8:04AM CST
Metso MAP application helps industry specialist to find relevant industry information free and easy
Metso Corporation's demerger registered with the Finnish Trade Register
GlobeNewswire - Tue Dec 31, 2:24AM CST
The completion of the partial demerger decided by Metso Corporations's Extraordinary General Meeting held on October 1, 2013 has been registered with the Finnish Trade Register today, December 31, 2013.