Metso to supply paper making line to Propapier, Germany
Published Feb 6, 2008 13.00.00 +2 GMT
Metso Paper will supply a paper making line to the greenfield mill of Propapier GmbH & Co. KG in Germany. The new line, producing up to 650,000 tonnes of liner and fluting grades of 70-130 g/m2 annually, will be located in Eisenhüttenstadt, near the Polish border, and will come on stream in late 2009.
As the investment is still subject to approvals, a dissolution clause is included. The total value of the order is approx. EUR 200 million.
Propapier GmbH is part of Progroup, a group of companies offering products and services for the corrugated board-processing industry. Propapier currently produces 320,000 tonnes of testliner and corrugated medium annually with one of the most modern production lines in the world.
Metso is a global engineering and technology corporation with 2007 net sales of approximately EUR 6 billion. Its almost 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com
For further information, please contact: Reima Kerttula, Senior Vice President, Paper and board machines, Metso Paper Tel. +358 400 648 458, firstname.lastname@example.org