Metso Paper to supply another kraftliner board machine to Lee & Man Industries Company Limited in China

Published May 9, 2006 10.00.00 +2 GMT

Following an order placed in November 2005, Metso Paper has agreed with Lee & Man Industries Co. Ltd to supply the company with another kraftliner board machine. The new 400,000 metric tpy machine - PM 9 at their Hongmei, China mill - will start up during the first quarter of 2007. The order is valued at close to EUR 40 million.

The new Hongmei PM 9 will be a single-supplier delivery from Metso Paper. It will have a wire width of 7,250 mm and a design speed of 1,150 m/min. The delivery also includes Metso Automation's metsoDNA machine control systems.

The new machine will produce kraftliner board grades to be used by local box plants. The surrounding Guangzhou-Dongguan area forms a massive base for numerous manufacturing companies in various industries.

Lee & Man Paper is one of the largest containerboard producers in China. The company, which was founded in 1994 and is listed in the Hong Kong Stock Exchange, owns three containerboard mills in Huangyong, Changshu and Hongmei in China. The three mills' combined annual production capacity is over 2 million metric tons. The company also owns waste paper operations in the USA and Europe, as well as an unbleached kraft pulp mill in the USA with an annual production capacity of 200,000 metric tons, making Lee & Man Paper a fully integrated containerboard manufacturer. All of the company's board mills are ISO14000 certified for environmentally sound operations.

Metso is a global engineering and technology corporation serving customers in the pulp and paper industry, rock and minerals processing, energy industry as well as in selected other industries. In 2005, the net sales of Metso Corporation were approx. EUR 4.2 billion, and it has some 22,000 employees in more than 50 countries.

For more information, please contact: Hannu T Pietilä Vice President, Sales E-mail: Tel. +358 40 503 4085