Metso Corporation : Metso to supply biomass power plant to Bioenergeticheskaya Kompaniya in Russia

Metso Corporation : Metso to supply biomass power plant to Bioenergeticheskaya
                             Kompaniya in Russia

Metso Corporation's press release on February 12, 2013 at 11:00 a.m. local
time

Plant will enable utilization of sawmill residue for sustainable heat and
power production

Metso will supply Bioenergeticheskaya Kompaniya LLC with a complete
biomass-fired combined heat and power plant in Syktyvkar, the Komi Republic,
Russia. The power plant is scheduled to be in operation in 2014. The value of
the order will not be disclosed.

Metso's delivery will include process equipment and technical advisory
services for installation, commissioning and training. A Metso belt dryer and
a Metso DNA automation system will also be included in the delivery. The power
plant will utilize bark and wood residues from the Syktyvkar sawmill and other
biomass. The power output of the plant will be 4 MWe. The power will be
distributed to the local grid and heat will be utilized in the belt dryer.

"We are convinced that cooperation with Metso will provide a means to utilize
the sawmill residues from the Syktyvkar sawmill to produce power. This is an
important issue for the Government of the Komi Republic. The new plant will be
built based on advanced know-how solutions using the most modern equipment,"
says Alexander Gibezh, Deputy Minister of Industry and Transport of the
Republic of Komi. "Sawmill residues that have long been stored at the site of
the Syktyvkar sawmill will now be used as fuel for the new power plant. The
investment in the power plant will help to create more job opportunities and
will improve the environmental situation in the Komi Republic," adds Alexey
Kryukov, CEO of Bioenergeticheskaya Kompaniya.

"This power plant is an important milestone in the development of distributed
power generation based on the vast renewable biomass resources of Russia. We
are very happy to help Bioenergeticheskaya Kompaniya LLC to lead the way
towards local sustainable power solutions," says Director Matti Järvinen,
North Eastern Europe, Power business line, Metso. "The uniqueness of our
solutions is in the complete supply: all equipment from the fuel handling
system to the flue gas cleaning system will be supplied by Metso. The new
power plant will also run under a Metso automation system," says Director
Nikolay Doroshenko, Russia, Power business line, Metso.

The order is included in Metso's Pulp, Paper and Power fourth quarter 2012
orders received.

The Ministry of Industry and Transport of the Republic of Komi is responsible
for implementation of development programs in Komi. The Bioenergeticheskaya
Kompaniya biomass-fired power plant is one of the projects in one of the
development programs. The project also has a governmental priority status.

Bioenergeticheskaya Kompaniya LLC is a Komi Republic based energy company that
provides and markets electricity. Bioenergeticheskaya Kompaniya LLC has a wide
range of plans for investments in the Komi region.

Metso's pulp, paper and power professionals specialize in processes,
machinery, equipment, services, paper machine clothing and filter fabrics. Our
offering and experience cover the entire process life cycle including new
production lines, rebuilds and services.

www.metso.com/pulpandpaper , www.metso.com/power ,

www.twitter.com/MetsoPulpPaper

Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries deliver
sustainability and profitability to customers worldwide. Expect results.

www.metso.com , www.twitter.com/metsogroup

For further information, please contact:

Nikolay Doroshenko, Director, Russia, Heat & Power, Power business line,
Metso, tel. +7 985 222 3474

Pasi Rantonen, Director, Power plants, Heat & Power, Power business line,
Metso, tel. +358 40 544 8328

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Metso Corporation via Thomson Reuters ONE
HUG#1677331
 
Press spacebar to pause and continue. Press esc to stop.