NEWS

(05/29/2013 / sha)

+++ IMPORTANT +++
Metso: LOI with CMPC Celulose Riograndense for pulp line

Metso has signed a letter of intent with CMPC Celulose Riograndense S.A. to supply key technology for CMPC’s Guaíba II pulp line in Brazil.

The new pulp line, which is an expansion to the existing Guaíba pulp mill, will have a capacity of 1.3 million t/y and will be able to reach 1.5 million t/y with minor investments. The new pulp line is to be built in the state of Rio Grande do Sul in southern Brazil and is scheduled to be commissioned in the first half of 2015. The value of the anticipated delivery will not be disclosed. However, a project of this size and scope is typically valued at EUR 800 to 900 million. Around 50% of this would consist of Metso-supplied equipment and systems. The plan is to sign the final agreement by the end of June, and the order is expected to be included in Pulp, Paper and Power's second quarter 2013 orders received. The letter of intent covers the main parts of the pulp line: the cooking plant and fiberline, pulp drying and baling, evaporation, a recovery boiler, causticizing and lime kiln, and an integrated automation solution and an operator training simulator for all mill process areas. “The anticipated delivery for CMPC recognizes Metso's strong capabilities as a full-scope supplier for the pulp industry,” says Pasi Laine, President of Metso’s Pulp, Paper and Power business. “It also highlights our customers’ trust in the know-how that we have developed locally to build complete pulp mills. We are in the final construction phase of a similar-sized pulp mill in northeastern Brazil, and our target now is to start another major project in the south of the country.”