Published Mar 01, 2002 11.40.00 +2 GMT
The new name, Metso PaperChem Oy, was registered on February 22, 2002. The new name emphasizes the importance of the company's products as a part of Metso Paper's core business solutions. In December 2001 Metso Paper acquired Raisio Chemicals´ minority holding of the company.
The net sales of Metso PaperChem in 2001 were EUR 40 million and it employed about 100 persons. The company has offices at Raisio and Valkeakoski in Finland, in Germany, in the USA, in Brazil and in P.R. China. Metso PaperChem Oy is the leading supplier of chemical and water management systems for the pulp and paper industry worldwide.
Metso Corporation is a global supplier of process industry machinery and systems. The Corporation's fiber and paper technology business area, Metso Paper, is the world's leading supplier of technology, systems and equipment for the pulp, paper, converting and panelboard industries. Metso's other core businesses are divided between Metso Minerals (rock and mineral processing) and Metso Automation (automation and control technology). In 2000, the net sales of Metso Corporation were EUR 3.9 billion, and the personnel totaled approximately 22,000. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.
More information: Timo Sydänoja Executive Vice President Metso PaperChem Tel. +358 20 482 4001