Metso Paper to rebuild a specialty paper machine at UPM Tervasaari Mill, Finland

Published June 2, 2004 12.00.00 +2 GMT

Metso Paper will deliver a large specialty paper machine rebuild to UPM Tervasaari Mill in Valkeakoski, Finland. The rebuilt paper machine, producing release paper, will start up in mid 2005. The value of the order is approx. EUR 30 million.

The target of the rebuild project is to improve the quality of the release paper and to raise the production capacity of the line. The production will be increased from the present 130,000 tons to 175,000 tons annually.

The paper machine PM 8, with a wire width of 7 250 mm, was originally manufactured by Metso Paper in 1996. The project comprises rebuild of the stock preparation system as well as modernization of the press and dryer sections to comply with today's paper making technology and efficiency requirements. The press section will e.g. be equipped with a shoe press. In addition, the calendering capacity of the line will be increased. Metso Automation will supply a large automation package.

UPM is one of the world's leading forest product companies. The company's businesses focus on magazine papers, newsprint, fine and specialty papers, converting materials and wood products. The company's turnover in 2003 was close to EUR 10 billion and the amount of personnel approx. 35,000. UPM's shares are quoted on the Helsinki and New York stock exchanges.

Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The Corporation's core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2003, the net sales of Metso Corporation were EUR 4.3 billion and the personnel totaled approximately 27,400. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.

More information: Mr. Petri Tolonen, Area Vice President, Sales, Paper Business Line Tel. +358 40 722 0372,