Profile: Metso Oyj (MXCYY.PK)
Metso Oyj (Metso) is a global supplier of technology and services, which helps its customers to process natural resources and recycle materials into valuable products. The Company’s customers operate in the mining, construction, power, oil and gas, recycling and pulp and paper industries. The Company operates in three subsidiaries: Mining and Construction Technology, Energy and Environmental Technology and Paper and Fiber Technology. The Company is a global supplier of technology and services for the mining and construction industries. Its products portfolio includes mining, minerals and aggregates processing systems; service solutions, and wear and spare parts. It is a supplier of boiler plants for power generation, process automation systems and special valves, equipment for metal recycling and solid waste management, and expert and life-cycle services. In November 2010, the Company sold 34% of Valmet Automotive. In November 2010, Valmet Automotive completed the acquisition of Karmann’s convertible roof systems in Germany and Poland. In July 2010, the Company acquired the repair service business of Wyesco of Louisiana, L.L.C. In May 2010, the Company sold Flexowell conveyor belt operations in Germany to ContiTech Transportbandsysteme GmbH. In November 2013, the Company completed the acquisition of the Spanish grinding media supplier Santa Ana de Bolueta SA ((Sabo).
As of December 31, 2010, Metso’s businesses had operations in over 50 countries. Metso has production on all continents. The principal production plants are located in Finland, Sweden, France, Germany, Canada, the United States, the People’s Republic of China, India, South Africa and Brazil. During the year ended December 31, 2010, mining and construction technology accounted 40% of net sales, energy and environmental technology accounted 26% of net sales, and paper and fiber technology accounted 33% of net sales.
Mining and Construction Technology
The mining and construction technology provides full scope solution for mining industry. Its products include grinding mills; grinding solutions; crushers; crushing solutions; process equipment, such as pumps, filters, thickeners, separation equipment; mobile crushers and screens; bulk materials handling solutions and conveyors; maintenance services, and spare and wear parts. Its customers include mining industry and spare and wear parts.
The Company competes with FLSmidth, Outotec,ThyssenKrupp, Sandvik, Weir, Citic, Terex, Sandvik and Astec.
Energy and Environmental Technology
The Company’s energy and environment technology include power boiler plants and chemical recovery boilers, evaporators, flue-gas cleaning and environmental systems, power boiler rebuilds; process automation and information management application networks and systems; process measurement systems and analyzers; control, on-off and emergency shutdown (ESD) valves and intelligent positioners and condition monitoring; equipment for fragmentizing, compacting, and separating scrap metal; equipment for shredding and crushing solid waste; maintenance services, and spare and wear parts. Its customers in this segment include power plants, oil and gas industry, pulp and paper industry, and recycling industry.
The Company competes with Foster Wheeler, Andritz, Babcock & Wilcox, ABB, Honeywell, Invensys, Emerson Process Management, GE, Flowserve, Lefort, Akros Henschel, Harris, The Shredder Company, Komptech, Lindner and SID.
Paper and Fiber Technology
The Company’s paper and fiber technology segment include paper and board machines, comprehensive production lines; tissue machines, comprehensive production lines; equipment and production lines for chemical pulp industry; equipment and production lines for mechanical pulp industry; fabrics and filters for paper, pulp, energy and mining industries; expert and maintenance services, and spare and wear parts. The Company’s customers include paper, tissue and board producers, and mechanical and chemical pulp producers.
The Company competes with Voith, Andritz, GL&W, Celli, Kawanoe Suki, Albany, Xerium and AstenJohnson.
Fabianinkatu 9 A, PL 1220
Company Web Links
- UPDATE 2-Metso earnings propel shares to 3-month high
- Finland's Valmet to cut 300 German jobs -IG Metall union
- RPT-INVESTMENT FOCUS-Big merger flops may stall Europe's stock market rally
- INVESTMENT FOCUS-Big merger flops may stall Europe's stock market rally
- UPDATE 3-Weir drops takeover of Finnish rival Metso after new bid snubbed