Metso to supply fine paper line to Zhanjiang Chenming in China, earlier pulp mill order cancelled

HELSINKI, July 6, 2009 (Press Release) - Metso has signed a contract with the Chinese Zhanjiang Chenming Pulp & Paper Co., Ltd., for the supply of the world's largest fine paper production line to the company's greenfield pulp and paper mill in Zhanjiang, Guangdong province, China. The total value of the order is approx. Euro 130 million. At the same time Metso has agreed with the customer that the pulp mill order which Metso was awarded in Q3/2008 will be cancelled.

The new fine paper line will be taken into use in the first quarter of 2011. The delivery will include a complete OptiConcept paper making line for woodfree uncoated fine paper from headbox to reel as well as two winders. The wire width of the paper machine is 11,150 mm.

Zhanjiang Chenming is part of Shandong Chenming Paper Holdings Limited, one of the biggest paper producers in China. In 2008, the company's paper production capacity was over 3 million tons, turnover over EUR 2.0 billion and the number of employees 17,000.

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