Metso Paper.Metso Paper is establishing a service technology center in Sorocaba, Sao Paulo, Brazil. When opened, early in 2003, the center will employ 50 people to serve pulp and paper industry The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. needs, including maintenance services, local support for new production lines in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , roll service, spare parts operations, testing, and customer training. In other news: * Metso Paper will deliver an extensive paper machine rebuild to UPM-Kymmene's Jamsankoski mill in Finland, Europe's leading paper machine for production of label papers. The project is scheduled for completion in spring of 2003, and its value is not being disclosed. * Metso Paper will supply a new sack kraft refining line to the JSC JSC Johnson Space Center (NASA) JSC Joint Stock Company JSC Java Studio Creator JSC Joint Steering Committee JSC Joint Standing Committee JSC Journal of Symbolic Computation JSC Joint Scientific Committee Segezha pulp and paper mill, the leading sack paper manufacturer in Russia. The new refining line will be installed on Segezha's PM 10 with start-up in June 2002. * Valmet-Raisio has a new identity, Metso PaperChem Oy. Registered in February, 2002, the name change emphasizes its products as a part of Metso Paper's core business solutions. In December 2001, Metso Paper acquired Raisio Chemicals' minority holding of the company. The net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of Metso PaperChem in 2001 were EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 40 million. The company employs about 100 and has offices in Germany, the United States, Brazil, China, and at Raisio and Valkeakoski, Finland. * Kappa Kraftliner has placed an order with Metso Paper to rebuild its linerboard lin·er·board n. A type of paperboard used in making corrugated cartons. machine PM 1 in Lovholmen, Pitea, Sweden. The rebuild will increase production by improving the drying capacity and runnability of the machine. * Metso Paper received the Gold Supplier Award from Abitibi-Consolidated in February 2002. This was one of 13 awards presented by Abitibi-Consolidated at its first "Supplier Awards Event," which is anticipated to be an annual event. Metso Paper was selected from among 16,000 suppliers that deal annually with Abitibi-Consolidated Inc. (ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative ), to receive the gold award in the "Equipment and Technology" category. |
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