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      <title>Pulp and paper news</title>
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      <description>Metso's Pulp and paper news</description>
<language>en-us</language>
<copyright>Metso Corporation</copyright>
<pubDate>Wed, 19 Jun 2013 16:07:56 +0300</pubDate>
<lastBuildDate>Wed, 19 Jun 2013 16:07:56 +0300</lastBuildDate>
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<managingEditor>pulpandpaper@metso.com</managingEditor>
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<item>

<title><![CDATA[Metso signs multi-year agreement to manage mill maintenance at Australian Paper’s Maryvale Mill ]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/112D2A76053773A3C2257B87002A1E1A?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Tue, 11 Jun 2013 11:11:01 +0300</pubDate>

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<item>

<title><![CDATA[Metso Corporation’s demerger process proceeds – Pasi Laine appointed President and CEO of the new company for Metso’s Pulp, Paper and Power business ]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/935C0A780EC140B3C2257B81003F4040?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[Metso Corporation’s stock exchange release on June 5, 2013 at 2:50 p.m. local time

Metso’s Board of Directors has appointed Mr Pasi Laine, M.Sc in Engineering, as President and CEO of the new company to be demerged from Metso Corporation and listed on the NASDAQ OMX Helsinki stock exchange.
Metso’s Board of Directors has signed a demerger plan to separate Metso’s Pulp, Paper and Power business into a separate listed company to be named Valmet Corporation. The demerger will require the approval of Metso’s Extraordinary General Meeting. If approved, the planned registration date of the demerger will be December 31, 2013. 

Pasi Laine (born 1963) is currently President of Metso’s Pulp, Paper and Power business, and he will continue in this position until assuming the duties of the President and CEO of the new company. He has been a member of the Metso Executive Team since 2006.

“Metso’s Board of Directors has studied the requirements of the new position carefully and has considered both external and internal candidates. Our target has been to find the best possible person for the role of President and CEO of Valmet Corporation. Pasi Laine has had a long and successful career at Metso, holding various management positions in Metso’s Automation and Pulp, Paper and Power businesses”, says Jukka Viinanen, Chairman of the Board of Directors of Metso. 

“It is an honor to be given this new opportunity to develop Metso’s Pulp, Paper and Power business as an independent company and implement our business strategy and accelerate growth. Our goal is to be the leading global technology and service provider for the pulp, paper and power industries. The new Valmet will be a modern and dynamic listed company”, says Pasi Laine. 

If Metso’s Extraordinary General Meeting approves the demerger of Metso, the appointment will take effect on the planned registration date of the demerger December 31, 2013. Metso plans to hold an Extraordinary General Meeting on or about October 1, 2013.

Matti Kähkönen will continue as President and CEO of Metso Corporation. Until the demerger, Pasi Laine will continue as President of Metso’s Pulp, Paper and Power business, reporting to Matti Kähkönen.

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd. 

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

For further information, please contact:
Jukka Viinanen, Chairman of the Board, Metso, tel. +358 20 484 3000
Matti Kähkönen, President and CEO, Metso, tel.+358 20 484 3000
Pasi Laine, President, Metso Pulp, Paper and Power business, tel. +358 20 484 3200

Requests for media interviews: 
Jussi Ollila, SVP, Group Communications, +358 20 484 3212

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
]]></description>

<pubDate>Wed, 5 Jun 2013 14:54:36 +0300</pubDate>

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<item>

<title><![CDATA[Metso sells its shares in Metso ND Engineering in South Africa]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/40A7FD32DEFE1EFDC2257B8000391A1B?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Tue, 4 Jun 2013 14:00:38 +0300</pubDate>

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<item>

<title><![CDATA[Metso Corporation launches consent solicitation from holders of certain notes issued under its EMTN Programme]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/45FF7A0A6C677BF7C2257B7C0025D64A?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[Metso Corporation’s stock exchange release on May 31, 2013 at 10:15 a.m. local time

Metso Corporation announces the launch of a consent solicitation process to solicit consents and waivers from the holders of the outstanding notes of certain series of notes issued pursuant to its EMTN Programme to pass an extraordinary resolution at a separate meeting of noteholders of each such series to sanction (a) the waiver and authorisation of any breach or any alleged breach of certain of the terms and conditions of the notes and (b) waivers in respect of certain statutory rights that such noteholders may have under Finnish law, in each case, as may be caused by, or arise in respect of, the proposed demerger of Metso’s Pulp, Paper and Power businesses into an independent company.

The details of the consent solicitation are more fully described in the attached Luxembourg Stock Exchange “Launch Notice” and the Consent Solicitation Memorandum referred to therein.

Disclaimer

This announcement must be read in conjunction with the Consent Solicitation Memorandum. If you are in any doubt as to the action you should take, you are recommended to seek your own financial advice immediately from your stockbroker, bank manager, accountant or other independent financial adviser. 

Neither this announcement nor the Consent Solicitation Memorandum constitutes an invitation to participate in the consent solicitation in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. The distribution or publication of this announcement or of the Consent Solicitation Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Consent Solicitation Memorandum comes are required by Metso Corporation to inform themselves about, and to observe, any such restrictions.

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd.

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

	
Further information, please contact:
Minna Helppi, SVP, Group Treasurer, Metso Corporation, tel +358 20 484 3195

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
Attachment: 
Luxembourg Stock Exchange “Launch Notice”


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

This announcement contains important information which should be read carefully before any decision is made with respect to the Proposal (as defined below) and must be read in conjunction with the Consent Solicitation Memorandum (as defined below). Any individual or company whose Notes (as defined below) are held by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity and instruct such entity, as the holder of such Notes, to consent in accordance with the customary procedures of Euroclear or Clearstream (as defined in the Consent Solicitation Memorandum), as applicable. Any Noteholder (as defined below) who is in doubt as to what action to take should contact an independent professional adviser for advice on the merits of the Proposal including, without limitation, the tax consequences thereof.
Neither this announcement nor the Consent Solicitation Memorandum constitutes an invitation to participate in the Proposal in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. The distribution of this announcement or of the Consent Solicitation Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Consent Solicitation Memorandum comes are required by the Issuer, the Solicitation Agents, the Tabulation Agent and the Fiscal Agent (each as defined below) to inform themselves about, and to observe, any such restrictions.

Announcement of solicitation of consents by
METSO CORPORATION
(incorporated with limited liability in the Republic of Finland)
(the “Issuer”)
in respect of the outstanding
Series 13 USD 150,000,000 Index-Linked Notes due 8 February 2018 (ISIN: XS0346152332; Common Code: 034615233)
Series 16 USD 75,000,000 Index-Linked Notes due 10 April 2018 (ISIN: XS0357341394; Common Code: 035734139)
(together, the “USD Notes”)
Series 20 EUR 40,000,000 Fixed Rate Notes due 13 May 2018 (ISIN: XS0626477524; Common Code: 062647752)
Series 20 EUR 300,000,000 7.250 per cent. Notes due 10 June 2014 (ISIN: XS0432617891; Common Code: 043261789)
Series 22 EUR 100,000,000 Fixed Rate Notes due 27 June 2022 (ISIN: XS0795500437; Common Code: 079550043)
Series 23 EUR 400,000,000 2.750 per cent. Notes due 4 October 2019 (ISIN: XS0838968849; Common Code: 083896884)
(together, the “Euro Notes”)
Series 21 SEK 300,000,000 Floating Rate Notes due July 2018 (ISIN: XS0643372468; Common Code: 064337246)
(the “SEK Notes”)
issued under its €1,500,000,000 Euro Medium Term Note Programme
(each a “Series” and the USD Notes, the Euro Notes and the SEK Notes, and together, the “Notes”)

Helsinki, 31 May 2013
Metso Corporation hereby announces the launch of a consent solicitation (the “Consent Solicitation”) to solicit consents from the beneficial holders of the outstanding Notes of each Series (the “Noteholders”) to consider and, if thought fit, pass an extraordinary resolution at a separate meeting of Noteholders of each Series (each a “Meeting” and together, the “Meetings”) to sanction (a) the waiver and authorisation of any breach or any alleged breach of certain of the terms and conditions of the Notes and (b) certain waivers in respect of certain statutory rights that such Noteholders may have under Finnish law, in each case as may be caused by, or arise in respect of, the proposed Demerger (as defined below), all as more fully described in the Consent Solicitation Memorandum (as defined below) (the “Proposal”).
The Consent Solicitation is being made on the terms and subject to the conditions set out in the Consent Solicitation Memorandum dated as of the date hereof (the “Consent Solicitation Memorandum”). Capitalised terms used in this announcement but not defined have the meanings given to them in the Consent Solicitation Memorandum.
The board of directors of the Issuer proposes that the Issuer shall demerge in a partial demerger (the “Demerger”) to the effect that all assets, debts and liabilities of the Issuer which relate to its pulp, paper and power businesses shall transfer, without liquidation, to a company to be incorporated in the demerger (“Valmet Corporation”), in the manner set forth in the demerger plan dated 31 May 2013 (the “Demerger Plan”). A copy of the Demerger Plan, including appendices, is set out in Appendix 1 to the Consent Solicitation Memorandum.
The Demerger shall be carried out in compliance with the provisions of Chapter 17 of the Finnish Companies Act (624/2006, as amended) (the “Finnish Companies Act”), and Section 52 c of the Finnish Business Income Tax Act (360/1968, as amended).

Terms of the Proposal

Among other things, the Issuer is requesting that the Noteholders of each Series of Notes sanction:
1. (a)	the irrevocable and unconditional waiver and authorisation of any breach or any alleged breach whether caused by the threat of, in anticipation of, in connection with, or as a result of, the proposed Demerger, of the following Conditions of each such Series:
(i)	Condition 13(c)(ii) (Cross-default of Issuer or Material Subsidiary); and
(ii)	Condition 13(f)(iv) (Insolvency etc) (insofar as the Demerger contemplates the cessation of a substantial part of the Issuer’s business);
(b)	the irrevocable and unconditional waiver and authorisation of any breach or any alleged breach whatsoever of any other obligation under or in respect of the Notes which may be breached or may be capable of being breached by the threat of, in anticipation of, in connection with, or as a result, of the proposed Demerger;
(c)	all other consequential changes to the Conditions as are necessary for or expedient to the waivers set out above in paragraphs (a) and (b) above; and
2. (a)	the irrevocable and unconditional waiver of their statutory right to object to the Demerger pursuant to Chapter 17, Section 6 of the Finnish Companies Act; 
(b)	the irrevocable and unconditional waiver of any and all of the rights that they may have to make claims against Valmet Corporation after the Effective Date on the basis of any actual or alleged Secondary Demerger Liability with respect to the Notes;
(c)	an acknowledgement and agreement that, with effect from the Effective Date, Valmet Corporation shall not have any obligations or liability whatsoever towards the Noteholders under or in relation to such Series of Notes.
The Meetings of Noteholders of each Series (starting with the Series 13 Notes) will start at 11 a.m. (London time) on 24 June 2013, with subsequent Meetings in respect of each other Series (in order of ascending series number) being held at five (5) minutes intervals thereafter or after the completion of preceding Meeting (whichever is later), in each case at the office of White & Case LLP, 5 Old Broad Street, London EC2N 1DW, United Kingdom. 
Instruction Fees:
In relation to each Series of Notes, Noteholders who submit or deliver Electronic Voting Instructions voting in favour of an Extraordinary Resolution (i) prior to the Early Instruction Deadline (as set out below) shall be eligible to receive an amount equal to 0.45 per cent. of the principal amount of the Notes which are the subject of the Electronic Voting Instruction (the “Early Instruction Fee”) and (ii) after the Early Instruction Deadline but prior to the Late Instruction Deadline (as set out below) shall be eligible to receive an amount equal to 0.10 per cent. of the principal amount of the Notes which are the subject of the Electronic Voting Instruction (the “Basic Instruction Fee”), subject in each case to the relevant Extraordinary Resolution being duly passed.  Noteholders who submit or deliver Electronic Voting Instructions after the Early Instruction Deadline will not be eligible to receive the Early Instruction Fee and Noteholders who submit or deliver Electronic Voting Instructions after the Late Instruction Deadline will not be eligible to receive the Basic Instruction Fee.
Noteholders who deliver voting instructions other than by way of Electronic Voting Instructions or who deliver Electronic Voting Instructions voting against the Extraordinary Resolution and/or deliver Electronic Voting Instructions after the relevant Fee Instruction Deadline will not be eligible to receive the relevant Instruction Fee.  Noteholders who attend the Meeting(s) in person or by proxy will not be eligible to receive the relevant Instruction Fee.
 

Indicative Timeline
Event	Date and Time
Announcement of the Proposal and Notices of Meetings to be given to Noteholders of each Series of Notes.  Consent Solicitation Memorandum made available at the offices of the Issuer and the Tabulation Agent.	31 May 2013
Early Instruction Deadline – latest time and date for receipt by the Tabulation Agent of Electronic Voting Instructions in order for Noteholders to be eligible to receive the Early Instruction Fee 	4 p.m. (London time) on 14 June 2013
Late Instruction Deadline – latest time and date for receipt by the Tabulation Agent of Electronic Voting Instructions in order for Noteholders to be eligible to receive the Basic Instruction Fee	4 p.m. (London time) on 20 June 2013
Time and date of the Meetings	The first Meeting (for the Series 13 Notes) will start at 11 a.m. (London time) on 24 June 2013, with subsequent Meetings in respect of each other Series (in order of ascending series number) being held at five (5) minutes intervals thereafter or after the completion of preceding Meeting (whichever is later)
Notice of the results of the Meetings intended to be given to Noteholders for Series of Notes for which the Meetings were quorate	As soon as reasonably practicable following the relevant Meeting
If an Extraordinary Resolution is passed at any Meeting:	
Settlement Date (in respect of a Meeting that was not adjourned) for payment of Instruction Fees to Noteholders who have submitted or delivered Electronic Voting Instructions by the relevant Fee Instruction Deadline and have not (except in the limited circumstances as permitted herein) subsequently revoked or amended such instructions 	27 June 2013
If any Meeting is adjourned, the times and dates set out above will be amended in the manner set out in the Consent Solicitation Memorandum	
Voting and Quorum
To be passed at a Meeting, an Extraordinary Resolution requires a majority of not less than 75 per cent. of the votes cast. If passed, an Extraordinary Resolution shall be binding on all the Noteholders, whether or not present at the Meeting, and each of them shall be bound to give effect to it accordingly.
The quorum required at a Meeting of each Series of Notes shall be two or more persons present in person holding Notes or voting certificates or being proxies and holding or representing in the aggregate a clear majority in principal amount of the Notes of the Series in respect of which the Meeting is convened for the time being outstanding.
If within 15 minutes after the time fixed for the Meeting a quorum is not present, the Meeting shall stand adjourned to such date, being not less than 14 days nor more than 42 days later, and to such place as the chairman may decide.   At least 10 days’ notice of an adjourned Meeting shall be given, in the same manner as for the original Meeting. Notice of the adjourned meeting shall state the quorum required at the adjourned meeting. 
At any adjourned Meeting, the quorum shall be two or more persons present in person holding Notes or voting certificates or being proxies (whatever the principal amount of the Notes so held or represented) shall form a quorum and may pass any resolution and decide upon all matters which could properly have been dealt with at the original Meeting had a quorum been present at such meeting.
If the Meeting is adjourned for lack of quorum, it is the intention of the Issuer to arrange for a notice convening the adjourned Meeting to be held as soon as reasonably practicable (in accordance with the Meeting Provisions (as defined herein)) following such adjournment.
Electronic Voting Instructions given and voting certificates obtained by Noteholders in respect of the Meeting shall remain valid for such adjourned Meeting unless, in the case of Electronic Voting Instructions, revoked or amended in the limited circumstances permitted herein or, in the case of voting certificates, surrendered not less than 48 hours before the time appointed for any adjourned meeting.
Further Details of the Consent Solicitation
Danske Bank A/S, Merrill Lynch International and Skandinaviska Enskilda Banken AB (publ) are acting as Solicitation Agents and Lucid Issuer Services Limited is acting as Tabulation Agent.
Noteholders may, at any time during normal business hours on any weekday (Saturdays, Sundays and bank and other public holidays in the relevant jurisdiction excepted) prior to the Meetings, inspect copies of the Consent Solicitation Memorandum at the specified offices of the Issuer and the Tabulation Agent set out below.
Any questions regarding the terms of the Proposal or the Consent Solicitation may be directed to the Issuer, the Tabulation Agent and the Solicitation Agents at the addresses and telephone numbers specified below:
The Issuer is:
METSO CORPORATION
Fabianinkatu 9 A
FI-00101 Helsinki
Finland
Telephone: +358 20 484 100
Email: minna.helppi@metso.com / henry.lindqvist@metso.com 
Facsimile: +358 20 484 3141
Attention: Minna Helppi / Henry Lindqvist
The Solicitation Agents are:
DANSKE BANK A/S
2-12 Holmens Kanal
DK - 1092 Copenhagen K
Denmark
Telephone: +45 45 14 39 64
Email: r3775dcm@danskebank.dk 
Facsimile: +45 45 14 91 97
Attention: 3775 Debt Capital Markets

MERRIL LYNCH INTERNATIONAL
2 King Edward Street
London EC1A 1HQ
United Kingdom
For information by telephone: +44 207 995 3715 / 2324
Email: john.m.cavanagh@baml.com / tommaso.gros-pietro@baml.com 
Attention: Liability Management – John Cavanagh / Tommaso Gros-Pietro

SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
Kungsträdgårdsgatan 8
10640 Stockholm
Sweden
Telephone: +46 8 506 232 18
Email: liabilitymanagement@seb.se
Facsimile: +46 8 763 83 80
Attention: EMTN Desk

The Tabulation Agent is:
LUCID ISSUER SERVICES LIMITED
436 Essex Road
London N1 3QP
United Kingdom
Telephone: +44 (0) 20 7704 0880
Email: metso@lucid-is.com
Attention: Thomas Choquet / Victor Parzyjagla

The Fiscal Agent and the Paying Agent is:
CITIBANK, N.A. 
Citigroup Centre, Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Telephone: +353 1 622 0866
Email: ppapayments@citi.com 
Facsimile: +353 1 622 2210
Attention: PPA Payments
DISCLAIMER:
The Solicitation Agents and the Tabulation Agent do not take any responsibility for the contents of this announcement or the Consent Solicitation Memorandum.  None of the Solicitation Agents or the Tabulation Agent, nor any of their respective affiliates, makes any recommendation to Noteholders as to whether or not to agree to the Proposal or to vote in favour of the Extraordinary Resolution.
]]></description>

<pubDate>Fri, 31 May 2013 10:17:39 +0300</pubDate>

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<title><![CDATA[Metso’s Board approves a demerger plan to divide Metso into two companies]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/0AE5C79C18A3B488C2257B7C001F7738?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Fri, 31 May 2013 10:03:54 +0300</pubDate>

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<title><![CDATA[Metso to participate in consortium that will invest in Northland Resources]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/187747114C03D3FFC2257B7B001EF9F6?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[
Metso Corporation’s stock exchange release on May 30, 2013 at 8:45 a.m. local time

Northland Resources has yesterday announced a possibility of a long-term financial solution in the form of a USD 355 million bond issue. 

A consortium comprising Norrskenet, Metso, Peab and Folksam will invest a total of USD 100 million, or USD 25 million each, in the bonds, and will obtain the right to appoint four out of seven members on Northland’s Board of Directors. The aim is to assume the necessary influence in the company, insure the completion of the project as currently envisioned and to provide expertise with the mission to restore confidence in the company.

As part of the process, Northland will get a new Board. The consortium has proposed Mr. Olav Fjell as Chairman of the Board and will propose three other members once the bond offering is fully subscribed and approved. 

Metso has supplied mining equipment and services to Northland’s Kaunisvaara project in northern Sweden. The refinancing also includes a long-term payment schedule for Metso’s outstanding receivables at Northland.

The consortium’s investment is subject to the bond offer being fully subscribed when the subscription period ends on today, May 30, 2013, at 22:00 CET and the consortium being granted the right to appoint four of seven members on Northland’s Board.


Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd. 

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

	
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
]]></description>

<pubDate>Thu, 30 May 2013 08:47:20 +0300</pubDate>

</item>

<item>

<title><![CDATA[Metso to supply complete tissue line for Yunnan Yun-Jing Forestry and Pulp Mill in China]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/744E5035679FB937C2257B7A0043AED2?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Wed, 29 May 2013 15:36:34 +0300</pubDate>

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<item>

<title><![CDATA[Metso strengthens its position as a leading supplier to the pulp industry by obtaining a license to FLSmidth Lime Kiln and Recausticizing Technology]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/273B34E00472F947C2257B790041DDBA?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Tue, 28 May 2013 15:03:49 +0300</pubDate>

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<item>

<title><![CDATA[Metso’s innovative technology plays a major role again in receiving the Climate Action of the Year Award]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/B573F815D1410142C2257B79003012C8?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Tue, 28 May 2013 12:59:35 +0300</pubDate>

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<item>

<title><![CDATA[Metso signs letter of intent with CMPC Celulose Riograndense covering key pulp mill technology in Brazil]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/FA39710EA3070EE6C2257B79001E376D?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[Metso Corporation’s stock exchange release on May 28, 2013 at 9:00 a.m. local time

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 tonnes per year and will be able to reach 1.5 million tonnes per year 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 800-900 million. Around 50 percent 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.

Metso technologies offer the lowest operational costs in the industry

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 Guaíba mill will produce 1.3 million tonnes of bleached eucalyptus market pulp per year and its modern technologies will enable it to achieve some of the lowest operational costs in the industry. 

“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.”

Best technologies for high yield and reduced chemical, water, and steam consumption

All the machinery and equipment planned for the new Guaíba project are based on the best technologies available. The capacity of the evaporation plant will be the largest in the world. The stationary cooler planned for the lime kiln makes use of a technology that is mainly used in the cement industry and will bring significant savings in fuel oil consumption. The recovery boiler is also based on the best available technology for high power generation. The fiberline features industry-leading operational costs, combining high pulping yield, low chemical consumption, and reduced water consumption with low effluent levels. The pulp dryer will utilize the most reliable technology to provide low steam consumption, and will be equipped with high-speed baling lines.

CMPC Celulose Riograndense is part of the Chilean group, CMPC Celulosa, one of the largest forestry-based companies in Latin America. Its mills in Chile and Brazil produce around 2.8 million tonnes of pulp per year.

Metso’s pulp, paper and power professionals specialize in processes, machinery, equipment, services, paper machine clothing and filter fabrics. Our offering and experience cover the entire process life cycle including new production lines, rebuilds and services. 

www.metso.com/pulpandpaper, www.metso.com/power, www.twitter.com/MetsoPulpPaper

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd. 

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

For further information for the press, please contact:
Pasi Laine, President, Pulp, Paper and Power, Metso, tel. +358 20 484 3200
	
Further information for investors, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com]]></description>

<pubDate>Tue, 28 May 2013 09:02:36 +0300</pubDate>

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<title><![CDATA[Transforming machine performance with Metso’s new OptiFlo headbox for Fourdriniers and hybrid formers – twenty headboxes already sold]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/010B6453AFA3B9A0C2257B74001EE300?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

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<pubDate>Thu, 23 May 2013 09:00:18 +0300</pubDate>

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<title><![CDATA[Metso to supply tissue production line for PT Suparma Tbk in Indonesia]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/E766473A808982C4C2257B7100229156?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

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<pubDate>Mon, 20 May 2013 09:33:19 +0300</pubDate>

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<title><![CDATA[Metso-supplied Finland’s largest pellet-fired heating plant produces environmentally friendly energy in Tampere]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/FD9699C5FD16DACEC2257B6D002A5ABE?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

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<pubDate>Thu, 16 May 2013 11:05:30 +0300</pubDate>

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<title><![CDATA[Metso's patent held invalid and earlier favorable decision reversed by Court of Appeals in a US patent infringement case ]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/68839877A1B317ECC2257B6C00440EE3?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[Metso Corporation’s stock exchange release on May 15, 2013 at 3:35 p.m. local time
The United States Court of Appeals for the Federal Circuit has given an unfavorable decision to Metso holding Metso's patent invalid with respect to the issues subject to the lawsuit Metso has carried out against Powerscreen International Distribution Ltd (today known as Terex GB Ltd), Terex Corporation, Emerald Equipment Systems, Inc. et al. The case involves the Metso’s lateral folding conveyor patent rights related to mobile crushing and screening plants. The Court of Appeals has reversed the favorable decisions to Metso given earlier by the United States District Court for the Eastern District of New York in the case (see Metso’s stock exchange releases December 7, 2010 and December 12, 2011).
Metso will seek reversal of this Court of Appeals' decision by motions and, as necessary, by further appeal. The final outcome of the lawsuit would be expected within 2014. 
Metso has not booked any compensation in its financial results based on the earlier decisions related to this case; and will do so, if any, only when the final outcome of the lawsuit is clear, earliest in 2014.

Metso’s mining and construction professionals specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing and in metal and waste recycling. Expect results.
 www.metso.com/miningandconstruction

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd. 
www.metso.com/fi ,  www.twitter.com/metsogroup 
For further information, please contact:
Erica Aminoff, Senior Vice President, Chief Legal Officer, Mining and Construction, Metso, tel. +358 20 484 3246
Juha Rouhiainen, Vice President, Investor Relations, Metso, 	Tel. +358 20 484 3253

Metso Corporation
Harri Nikunen
CFO
Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
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<pubDate>Wed, 15 May 2013 15:37:02 +0300</pubDate>

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<title><![CDATA[Metso expands its service center in Tianjin, China, to bring fabrics production closer to customers]]></title>

<link>Http://metso.com/news/newsdocuments.nsf/web3newsdoc/624E0F9FFEF8797CC2257B65003A460D?OpenDocument&amp;ch=ChMetsoPaperWebEng</link>

<description><![CDATA[]]></description>

<pubDate>Wed, 8 May 2013 14:03:06 +0300</pubDate>

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