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Metso's Interim Review January 1 - March 31, 2014
GlobeNewswire - Thu Apr 24, 4:11AM CDT
We will arrange a news conference on Metso's January-March 2014 Interim Review 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 Board of Directors rejects Weir's proposal to commence discussions regarding a potential combination
GlobeNewswire - Wed Apr 16, 1:38AM CDT
Metso announced in a stock exchange release dated April 1, 2014 that it had been approached by The Weir Group ("Weir"
with a proposal for commencing discussions regarding a potential combination of the two companies.
Metso to publish its Interim Review for January-March 2014 on Thursday, April 24, 2014
GlobeNewswire - Thu Apr 10, 6:49AM CDT
Metso Corporation's Interim Review for January-March 2014 will be published on Thursday, April 24, 2014 at about 12:00 noon EEST (5:00 EDT, 10:00 BST, 11:00 CEST).
Metso strengthens its industry leading services presence by opening new mining service centers in Peru and Mexico close to our customers operations
GlobeNewswire - Wed Apr 09, 4:19AM CDT
Metso continues to expand its industry-leading global service center network by opening mining service centers in Peru and Mexico. The investments, worth in total EUR 6 million, are in line with Metso's long-term strategy to strengthen its local services presence close to its customers. Metso already serves its mining and construction customers from over 50 service centers around the world. A new center is also in the process of being built in Mesa, Arizona, United States and in Labrador City in Canada.
Metso Comments on Market Rumors
GlobeNewswire - Tue Apr 01, 4:04AM CDT
Metso Corporation notes speculation in the media this morning concerning a potential transaction between The Weir Group Plc ("Weir" and Metso.
Committees of Metso's Board of Directors
GlobeNewswire - Wed Mar 26, 7:47AM CDT
Metso Corporation's Board of Directors elected members of the Audit Committee and Remuneration and HR Committee from among its members at its assembly meeting.
Decisions of the Annual General Meeting of Metso Corporation
GlobeNewswire - Wed Mar 26, 6:48AM CDT
Metso Corporation's Annual General Meeting was held today in Helsinki, Finland. The AGM approved the Financial Statements for 2013 and discharged the members of the Board of Directors and the President and CEO from liability for the 2013 financial year.
Reviews by the Chairman of the Board of Directors and the President and CEO at Metso's Annual General Meeting
GlobeNewswire - Wed Mar 26, 4:05AM CDT
Metso Corporation's Annual General Meeting will begin today, March 26, 2014, at 11:00 a.m. Finnish time. In his opening statement, Mikael Lilius, the Chairman of the Board of Directors, will review work of the Board of Directors and its priorities together with various other matters.
Metso's automation and energy management solutions for world's largest cruise vessel Oasis 3
GlobeNewswire - Mon Mar 24, 3:05AM CDT
Metso has received an order from STX France to supply an advanced vessel-wide automation system, including sophisticated energy management solutions, to the world's largest cruise vessel, Oasis 3. Royal Caribbean International's third vessel in the Oasis class series is currently under construction at STX France's shipyard in Saint Nazaire, France.
Metso appoints Juha Silvennoinen President, Services business line in Mining and Construction with responsibility for the development of the Group's overall services business
GlobeNewswire - Fri Mar 14, 5:07AM CDT
Mr. Juha Silvennoinen (MSc. in Engineering) has been appointed President, Services business line in Mining and Construction as of March 26, 2014. Juha has made a long career in ABB where he has held several executive positions in various businesses. In his last position at ABB he was responsible for Motors and Generators business unit, which employs some 16,000 people globally.
Metso's disposal of treasury shares as part of its share ownership plan
GlobeNewswire - Fri Mar 14, 3:05AM CDT
A total of 24,649 of Metso Corporation's treasury shares have been conveyed without consideration to the 39 key individuals participating in the company's Share Ownership Plan 2011-2013 under the terms and conditions of the plan.
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.
Metso's Interim Review January 1 - March 31, 2014
GlobeNewswire - Thu Apr 24, 4:11AM CDT
We will arrange a news conference on Metso's January-March 2014 Interim Review 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 Board of Directors rejects Weir's proposal to commence discussions regarding a potential combination
GlobeNewswire - Wed Apr 16, 1:38AM CDT
Metso announced in a stock exchange release dated April 1, 2014 that it had been approached by The Weir Group ("Weir"
with a proposal for commencing discussions regarding a potential combination of the two companies. Metso to publish its Interim Review for January-March 2014 on Thursday, April 24, 2014
GlobeNewswire - Thu Apr 10, 6:49AM CDT
Metso Corporation's Interim Review for January-March 2014 will be published on Thursday, April 24, 2014 at about 12:00 noon EEST (5:00 EDT, 10:00 BST, 11:00 CEST).
Metso strengthens its industry leading services presence by opening new mining service centers in Peru and Mexico close to our customers operations
GlobeNewswire - Wed Apr 09, 4:19AM CDT
Metso continues to expand its industry-leading global service center network by opening mining service centers in Peru and Mexico. The investments, worth in total EUR 6 million, are in line with Metso's long-term strategy to strengthen its local services presence close to its customers. Metso already serves its mining and construction customers from over 50 service centers around the world. A new center is also in the process of being built in Mesa, Arizona, United States and in Labrador City in Canada.
Metso Comments on Market Rumors
GlobeNewswire - Tue Apr 01, 4:04AM CDT
Metso Corporation notes speculation in the media this morning concerning a potential transaction between The Weir Group Plc ("Weir"
and Metso. Committees of Metso's Board of Directors
GlobeNewswire - Wed Mar 26, 7:47AM CDT
Metso Corporation's Board of Directors elected members of the Audit Committee and Remuneration and HR Committee from among its members at its assembly meeting.
Decisions of the Annual General Meeting of Metso Corporation
GlobeNewswire - Wed Mar 26, 6:48AM CDT
Metso Corporation's Annual General Meeting was held today in Helsinki, Finland. The AGM approved the Financial Statements for 2013 and discharged the members of the Board of Directors and the President and CEO from liability for the 2013 financial year.
Reviews by the Chairman of the Board of Directors and the President and CEO at Metso's Annual General Meeting
GlobeNewswire - Wed Mar 26, 4:05AM CDT
Metso Corporation's Annual General Meeting will begin today, March 26, 2014, at 11:00 a.m. Finnish time. In his opening statement, Mikael Lilius, the Chairman of the Board of Directors, will review work of the Board of Directors and its priorities together with various other matters.
Metso's automation and energy management solutions for world's largest cruise vessel Oasis 3
GlobeNewswire - Mon Mar 24, 3:05AM CDT
Metso has received an order from STX France to supply an advanced vessel-wide automation system, including sophisticated energy management solutions, to the world's largest cruise vessel, Oasis 3. Royal Caribbean International's third vessel in the Oasis class series is currently under construction at STX France's shipyard in Saint Nazaire, France.
Metso appoints Juha Silvennoinen President, Services business line in Mining and Construction with responsibility for the development of the Group's overall services business
GlobeNewswire - Fri Mar 14, 5:07AM CDT
Mr. Juha Silvennoinen (MSc. in Engineering) has been appointed President, Services business line in Mining and Construction as of March 26, 2014. Juha has made a long career in ABB where he has held several executive positions in various businesses. In his last position at ABB he was responsible for Motors and Generators business unit, which employs some 16,000 people globally.
Metso's disposal of treasury shares as part of its share ownership plan
GlobeNewswire - Fri Mar 14, 3:05AM CDT
A total of 24,649 of Metso Corporation's treasury shares have been conveyed without consideration to the 39 key individuals participating in the company's Share Ownership Plan 2011-2013 under the terms and conditions of the plan.
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.
