Metso to supply biomass boiler plant to Finland

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 6:04am EDT 

  HELSINKI, FINLAND, Jun 29 (MARKET WIRE) -- 

Metso Corporation's press release on June 29, 2009 at 1:00 p.m.

    Metso will supply Keuruun Laempoevoima Oy with a biomass boiler plant for
combined heat and power production (CHP) in the town of Keuruu, Finland.
The boiler plant will be delivered by the Metso-Waertsilae joint venture
MW Power Oy. Equipment related to environmental systems will be delivered
by Metso's Power business line. The total value of the investment is over
EUR 10 million. The start-up of the plant is scheduled for the end of
2010. The order is included in Energy and Environmental Technology's Q2
orders received.

    The biomass boiler plant will utilize bubbling fluidized bed (BFB)
technology and will use forest chips and milled peat as the main fuels.
The plant will produce 15 MW of district heat for the Keuruu area and 5
MW of electricity for the national grid. With the new biomass plant,
Keuruun Laempoevoima will be able to reduce the consumption of oil and
increase the usage of biomass in heat and power generation.

    Keuruun Laempoevoima Oy is a company owned by Keuruun Saehkoe group and
located in Central Finland. The main shareholders of the group are the
city of Keuruu and Fortum Power and Heat Oy.

    The Metso-Waertsilae joint venture MW Power Oy provides medium- and
small-scale power and heating plants. The company focuses on technologies
for renewable fuels. Metso owns 60% and Waertsilae 40% of the joint
venture. The joint venture started its operations on January 1, 2009.

    Metso is a global supplier of sustainable technology and services for
mining, construction, power generation, automation, recycling and the
pulp and paper industries. We have about 28,000 employees in more than 50
countries. www.metso.com


For further information, please contact:
Olli Elo, Product Line Director, MW Power Oy, tel. +358 40 556 5504

    


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