METSO PAPER: Metso Paper to establish a new service center in Guangzhou China

METSO PAPER: Metso Paper to establish a new service center in Guangzhou China

Metso Paper, Inc.

Metso Paper to establish a new service center in Guangzhou, China

Metso Paper will establish its second Service Center in China. The
center, which will be located in Guangzhou, Guangdong province, will
provide advanced machinery maintenance and process development services
to the pulp and paper making industry in southern China. The value of
the investment is close to EUR 10 million.

The new greenfield Service Center will be operational in 2008. In the
beginning, the center will employ 40 service professionals – recruiting
of personnel is already ongoing.

The Guangzhou Center will feature a fully equipped roll service workshop
providing rolls, roll covers as well as mechanical roll maintenance for
all makes and sizes of pulp and paper machines. In addition, the center
will offer a full scope of spare part and mill site services.

Establishment of the new Guangzhou Service Center is a natural
continuation to Metso’s commitment to serve the Chinese pulp and paper
industry locally. In line with this, Metso Paper is also strengthening
its existing service operations in China. The Wuxi Service Center that
was opened in Jiangsu province in 2001 will double its roll service
capacity by opening an extension in October 2007.

In 2003, Metso Paper established a logistics center in Wai Gao Qiao,
Shanghai, to support fast deliveries of spare parts and consumables.

To serve the growing paper, board and pulping equipment market, Metso
Paper also has a production plant in Shanghai with 500 employees, and
a 1,100-strong manufacturing joint venture in Xi’an.

During the last ten years the Chinese pulp and paper industry has made
substantial investments in new machinery and technology. Metso Paper has
been involved in many of these projects, and is currently the leading
technology supplier to this industry.

Metso is a global engineering and technology corporation with net sales
of approximately EUR 5 billion. Its 25,500 employees in more than 50
countries serve customers in the pulp and paper industry, rock and
minerals processing, the energy industry and selected other
industries.
www.metso.com