Metso received its largest ever pulp industry valve order from PT OKI Pulp & Paper Mills in Indonesia

Metso Corporation's press release on November 24, 2014 at 11:00 a.m. EET

Metso will supply several thousand valves with accessories and spare parts for PT OKI Pulp & Paper Mills, located in Southern Sumatra, Indonesia. The order is Metso's largest ever flow control products delivery for a pulp and paper industry customer. When commissioned during 2016, the new plant will be the biggest single pulp plant in the world.

The extensive delivery consists of valves for control and on-off use, including segment, ball, butterfly and standard and severe service globe valves complemented with intelligent valve controllers.

"Metso's reliable valves and intelligent valve controllers are designed to eliminate emissions and increase process efficiency. When using Metso's valves effectively the customer can increase sustainability and safety in the pulp making process", says See Hoe Lau, Vice President Sales and Services, Flow Control, Asia Pacific market area, Metso.

Metso and Asia Pulp and Paper Group have long-term customer relationship and Metso's flow control solutions are contributing to efficient processes at several plants in Indonesia and China.

The order is booked to Metso's fourth quarter 2014 orders received. The value of the order will not be disclosed.

Leading flow control technology and services to ensure process efficiency and lower total costs 

Metso has a long track record of delivering engineered performance and reliability to the pulp and paper industry. Metso is the market leader in control and on-off valves for pulp and paper customers globally - about 75 % of world's pulp flows through Metso's valves. In Asia, Metso has a notable installed base of valve technology in the pulp and paper industry.

Metso's extensive flow control services offering covers business solutions and services that optimize equipment use and cost of ownership. Metso's valve technology centers and valve production facilities are located in Finland, the United States, Germany, China, South Korea, India and Brazil. By the end of 2014, Metso will have more than 40 valve and field device service centers worldwide.

Metso has a solid experience on delivering engineered performance and reliability to the oil & gas, pulp & paper and power customers through its leading product brands - Neles®, Jamesbury® and Mapag® - and has delivered millions of control valves and on-off valves globally over the last 90 years. Metso's extensive Neles® control valve offering includes also standard and severe service globe valves which offer reliability to most critical processes and operate at extreme pressures and temperatures. Additionally, Metso has become one of the leading suppliers of intelligent valve controllers.

PT OKI Pulp & Paper Mills

PT OKI Pulp & Paper Mills is part of Asia Pulp and Paper Group (APP). Asia Pulp & Paper Group is a trade name for a group of pulp and paper manufacturing companies in Indonesia and China. APP, founded in 1972, is one of the world's largest pulp and paper companies delivering tissue, packaging and paper products. APP runs operations with an annual combined pulp, paper, packaging product and converting capacity of over 19 million tons. APP's products are marketed in over 120 countries across six continents. PT OKI Pulp & Paper Mills new site is located in Southern Sumatra, Indonesia, and the pulp mill will have a production capacity of approximately 8,000 air dry tonnes of short fiber pulp per day.

Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts in 50 countries. Expect results.

www.metso.com:
http://www.metso.com,  www.twitter.com/metsogroup:
http://www.twitter.com/metsogroup

For further information, please contact:

See Hoe Lau, Vice President Sales and Services, Flow Control, Asia Pacific market area, tel. + 65 6511 1028, email: seehoe.lau(at)metso.com

Jussi Ollila, Vice President, Global Communications, Metso Corporation, tel. +358 20 484 3212, email: jussi.ollila(at)metso.com





This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via Globenewswire

HUG#1873537

© GlobeNewswire - 2014