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Metso to Supply Another Fine Paper Line to Shandong Chenming Paper
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Helsinki, Finland, 08 August 2009 -- Metso has signed a contract with the Chinese Shouguang MeiLun Paper Co., Ltd., for the supply of a large coated fine paper production line to the company’s mill in Shouguang, Shandong Province, China. Shouguang MeiLun Paper is part of Shandong Chenming Paper Holdings Limited, one of the biggest paper producers in China. The total value of the order is approximately EUR 150 million. Metso estimates to book the order in the third quarter order backlog once the contractual down payment has been received.

The start-up of the production line is scheduled for the first quarter of 2011. The delivery will include a complete papermaking line for high quality coated wood-free paper.

In July 2009 Metso signed a contract for the supply of a fine paper production line with Shandong Chenming company´s other pulp and paper mill in Zhanjiang, Guangdong Province, China.

In 2008, Shandong Chenming Paper Holdings Limited had a paper production capacity of more than 3 million tons, a turnover of more than EUR 2.0 billion, and 17,000 employees.

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

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