Metso Corp. said it entered into contract with Zhanjiang Chenming Pulp & Paper Co., Ltd., for the supply of fine paper production line to the company's greenfield pulp and paper mill in Zhanjiang, Guangdong province, China. The total value of the order is about EUR 130 million.
The company noted that the new fine paper line will be taken into use in the first quarter of 2011. The delivery will include a complete paper making line for woodfree uncoated fine paper from headbox to reel as well as two winders.
Concurrently, Metso has agreed with the customer to cancel the pulp mill order which was awarded in the third quarter of 2008. |
