Published Mar 27, 2006 10.00.00 +2 GMT
Metso Paper, Inc. will supply – together with Metso Paper China – a linerboard machine to Zhejiang Jingxing Paper Joint Stock Co., Ltd of China. The machine, which will have an annual capacity of 300,000 tonnes, is to come on stream in the city of Pinghu, in Zhejiang province in 2007. The value of the order is not disclosed.
The order contains a complete three-ply linerboard machine, including among other things a dilution headbox and a shoe press, as well as a calender, with corresponding services.
The new PM 12 will have a wire width of 6,150 mm and a design speed of 1,100 m/min. It will produce linerboard in the range of 125-250 g/m2.
Metso Paper was selected to supply the new machine thanks to their good references in China, their high technology, and their local Metso Paper China service unit in Wuxi. The customer's main target is to produce high-quality containerboard for the domestic market.
Zhejiang Jingxing Paper is headquartered in Pinghu, Zhejiang province, approx. 100 km southwest of Shanghai. In 2005 the company created a revenue of RMB 1.4 billion (EUR 140 million). With an annual containerboard capacity of 380,000 tons from 6 machines, the company is currently one of China's three leading producers. However, in the near future it is targeting at one million tons. The company employs more than 2000 people.
In 2003 Zhejiang Jingxing Paper established a joint venture agreement with Nippon Paper Industries Co., Ltd. for producing corrugating medium in Zhejiang.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22 000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com
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