Profile: Metso Oyj (MXCYY.PK)
30 Nov 2015
Metso Oyj, incorporated on July 1, 1999, is a global services, products and systems provider. The Company serves its customers in mining, oil and gas, as well as aggregates industries. It also serves some other process industries, such as pulp and paper industry. The Company operates in two segments: Minerals and Flow Control. The Company operates in Europe, North America, South and Central America, Asia-Pacific, China, and Africa and Middle East regions.
Minerals reporting segment consists of two business areas, Services and Minerals. Services is engaged in providing minerals customers with full-scope services solutions, ranging from spare and wear parts to performance services. Minerals segment is engaged in providing minerals processing solutions and system deliveries for mining customers and crushing and screening products for aggregates customers. The Minerals segment contributed 73% of the total net sales of the Company, as of December 31, 2014.
Flow Control is engaged in developing and growing both the valve offering, primarily for oil and gas customers, as well as pumps for mining customers by pursuing new opportunities in these markets. Flow Control segment comprises Process Automation Systems figures. The Flow Control Segment contributed 27% of the total net sales of the Company, as of December 31, 2014.
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