Metso to supply board making technology to Cheng Loong Corporation in Taiwan
Metso Corporation's company release on March 24, 2010 at 1:00 p.m. local time
Metso will supply board making technology for Cheng Loong Corporation for their new containerboard production line at Hou-Li paper mill in Taiwan. The production line is scheduled to start up in the second quarter of 2011. The value of the order exceeds EUR 20 million. The order is included in Paper and Fiber Technology's Q1 orders received. Metso's delivery will include three headboxes for the 3-ply liner machine with a dilution profiling system for the back ply, a press section and a film size press. The dryer section will be equipped with a moisturizing unit for web moisture profile control. Established in 1959, Cheng Loong Corporation has four paper mills and five paper box plants in Taiwan. The company's annual production capacity of paper and paperboard is approx. 1.8 million tons. Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com Further information for the press, please contact: Hannu T. Pietilä, Vice President, Sales, Paper business line, Metso Tel. +358 40 503 4085 Further information for investors, please contact: Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253 Metso Corporation Olli Vaartimo Executive Vice President and CFO Kati Renvall Vice President, Group Communications Distribution: NASDAQ OMX Helsinki Ltd Media www.metso.com