Metso to supply pulp mill key technology to Suzano's greenfield pulp mill in Brazil

HELSINKI, April 18, 2011 (Press Release) - Metso has concluded an agreement to supply all main technology for the 1.5 million tonnes greenfield pulp mill of Suzano Papel e Celulose S.A., to be built in the state of Maranhão in the northeastern part of Brazil. Start-up is scheduled for the first half of 2013. A stock exchange release regarding the advanced negotiations between Metso and Suzano was published on March 1, 2011.

The value of the order is not disclosed. However, a typical value of an order of this size and scope is EUR 800-900 million. About 60 percent of this is made up by Metso-supplied equipment and systems and they will be recorded as Metso's new orders and consequently in net sales during the delivery period. The rest covers equipment and related services from other suppliers and partners, which are also within Metso's responsibility but is invoiced directly from Suzano by the subcontractors.

Metso's scope of supply covers the main parts of a green field pulp mill comprising wood handling, cooking plant and fiberline, pulp drying and baling, evaporation, power boiler, recovery boiler, causticizing and lime kiln, including an integrated automation solution for all process areas. The new mill will produce 1.5 million tonnes of bleached eucalyptus market pulp per year.

"The order from Suzano emphasizes Metso's strong capabilities as a full-scope supplier for the global pulp industry. It is a result of the hard work our dedicated and knowledgeable employees have done in developing and providing leading-edge technologies", says Pasi Laine, President of Metso's Paper and Fiber Technology.

Suzano Papel e Celulose is a forestry-based company and one of the largest vertically integrated producers of pulp and paper in Latin America. The company's main products, sold on the domestic and international markets, are eucalyptus pulp, printing and writing paper and paperboard.