Metso relocates two paper machines for Chinese Shandong Huatai Paper

HELSINKI, FINLAND -- (Marketwire) -- 10/26/09 --

Metso Corporation's press release on October 26, 2009 at 1:00 p.m.

Metso has received an order from Shandong Huatai Paper Stock Co., Ltd. for a relocation of two paper machines to the company's subsidiary mills in China. The value of the order will not be disclosed. The typical market value of this type of relocation project services is less than EUR 10 million. The order is included in Paper and Fiber Technology's Q3 orders received.

Mondi Group's fine paper machine in Szolnok, Hungary, will be relocated to the Anqing mill of Anhui Huatai Forest Pulp & Paper in Anhui province. Metso's delivery will also include a modernization of the machine control system as well as mill engineering services. The start-up of the relocated machine is scheduled for the first half of 2011.

Qiqihar Paper Mill's newsprint machine in Heilongjiang province, will be relocated to Guangdong Huatai Paper in Xinhui, Guangdong province. The start-up of the relocated line is scheduled for the end of 2010.

Anhui Huatai Forest Pulp & Paper Co., Ltd. and Guangdong Huatai Paper Co., Ltd. are part of Shandong Huatai Paper Stock Co., Ltd. Shandong Huatai Paper produces newsprint, uncoated fine paper, coated art paper and tissue with an annual capacity exceeding 1.8 million tonnes.

Reconditioning, rebuilding and eventual relocating of entire production lines is part of Metso's service offering for paper machines. It combines machine rebuilding business, project management and automation solutions.

As a result of structural changes in the global pulp and paper industry, paper producers in Europe and North America have cut production capacity and closed machines and entire mills. Some of the closed machines have technical operating life remaining, and some of them are relocated to the growing Asian markets, especially to China and India.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 28,000 employees in more than 50 countries. www.metso.com

For Further information, please contact:
Mikko Osara, General Manager, Rebuild sales, Paper business line,
Metso, tel. +358 40 841 8804
Fan Ze, General Manager, Sales, Paper business line, Metso, tel. +86
139 0133 6277

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Metso (MX)