HELSINKI, FINLAND--(Marketwired - Jun 26, 2013) - Metso Corporation's stock exchange release on June 26, 2013 at 14:15 a.m. local time
Metso and CMPC Celulose Riograndense S.A. (CMPC) have finalized the agreement, according to which Metso will supply the key technology to CMPC's Guaíba II pulp line in Brazil. The total value of the project is around EUR 800-900 million, of which around EUR 400 million consists of Metso's own equipment and systems.
The new pulp line, which is an expansion to the existing Guaíba pulp mill, will have a capacity of 1.3 million tonnes per year and will be able to reach 1.5 million tonnes per year with minor investments. The new pulp line will be built in the state of Rio Grande do Sul in southern Brazil and is scheduled to be commissioned in the first half of 2015.
Metso's delivery will include the main parts of the pulp line: the cooking plant and fiberline, pulp drying and baling, evaporation, a recovery boiler, causticizing and lime kiln, and an integrated automation solution and an operator training simulator for all mill process areas.
The main part of the order is included in Metso's Pulp, Paper and Power orders received in the second quarter of 2013. The automation package is included in Metso Automation's orders received in the second quarter of 2013.
The order will be supplied by Metso's units in Europe and Brazil. The total impact on employment will be approximately 300 man-years in Metso group and during the peak of the construction approximately 4,000 people will be working for Metso in the construction site.
"The confirmation of the agreement concludes an important stage in the construction process of this new pulp mill in Brazil. This is a significant step in the consolidation of a project involving a lot of people and resources. Guaíba II is a project in which many people have worked professionally and tirelessly. Metso's professionalism and commitment to health and safety was a key element for CMPC during the decision process," says Gonzalo García, General Secretary, Empresas CMPC.
"This major order from CMPC is a recognition of Metso's strong capabilities as a full-scope supplier for the pulp industry," says Pasi Laine, President of Metso's Pulp, Paper and Power business. "It highlights our customers' trust in the know-how that we have developed locally to build complete pulp mills."
CMPC Celulose Riograndense is part of the Chilean group, CMPC Celulosa, one of the largest forestry-based companies in Latin America. Its mills in Chile and Brazil produce around 2.8 million tonnes of pulp per year.
Metso's pulp, paper and power professionals specialize in processes, machinery, equipment, services, paper machine clothing and filter fabrics. Our offering and experience cover the entire process life cycle including new production lines, rebuilds and services.
As of January 2014, Metso's Pulp, Paper and Power business will serve its customers with an even more focused and competitive approach as an independent, listed company, Valmet Corporation*. *Pending Metso EGM approval.
www.metso.com/pulpandpaper , www.metso.com/energy , www.twitter.com/metsopulppaper , www.twitter.com/metsoenergy
Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd.
www.metso.com , www.twitter.com/metsogroup
Metso Corporation
Harri Nikunen
CFO
Juha Rouhiainen
VP, Investor Relations
Distribution:
NASDAQ OMX Helsinki Ltd
Media
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Source: Metso Corporation via Thomson Reuters ONE
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For further information for the press, please contact: Pasi Laine President, Pulp, Paper and Power, Metso tel. +358 20 484 3200 Celso Tacla Area President, South America, Pulp, Paper and Power, Metso tel. + 55 41 3341 4444
