Metso celebrates 80th anniversary in China HELSINKI, FINLAND -- (Marketwired) -- 06/06/13 -- Metso Corporation's press release on June 6 2013, 3:30 p.m. local time Chairman Yu Zhengsheng visited Metso in Helsinki, Finland Metso is celebrating its 80-year presence in China this year. 2013 marks 80 years since one of Metso's predecessors, AB Karlstads Mekaniska Werkstad, received an order for a paper machine from Guangzhou Paper in 1933. Over the past eight decades, Metso has risen to one of the top global suppliers of technology and services to China's core process industries, including mining, construction, pulp and paper, power, and oil and gas. "We are very pleased to be celebrating 80 years of business and partnerships in China with our 3,200 employees, more than 1,500 customers, and other stakeholders in China". Our deep roots in the Chinese market, together with technology and comprehensive services and solutions, provide an excellent foundation for serving our customers and stakeholders. Helping our customers develop China's infrastructure is one of the areas in which we have a lot to offer," says Matti Kahkonen, Metso's President and CEO. 2013 also marks the 60(th) anniversary of bilateral trade relations between China and Finland. On May 31st, Yu Zhengsheng, Chairman of the National Committee of the Chinese People's Political Consultative Conference, visited Metso's facilities in Helsinki, Finland. Chairman Yu Zhengsheng was particularly interested in environmental technology and, e.g., Metso's biomass gasification plant. "We were honored to host Chairman Yu Zhengsheng's visit to Metso," says Metso's Perttu Louhiluoto, President, Automation. "In the Chinese market, Metso's Automation business offers solutions and services e.g. to the country's energy and hydrocarbon industries and the pulp and paper industry. We are actively contributing to for example China's pursuit of clean energy." Metso is also contributing to China's mining and construction industries. The company has announced a joint venture with LiuGong Group Corp. Ltd, as well the acquisition of Shaorui Heavy Industries Ltd. and a manganese steel foundry (JX). "We will continue to work together with our customers and other stakeholders to support China's sustainable development. Our solutions and services help customers to increase their reliability, improve energy efficiency and reduce emissions," says President and CEO, Kahkonen. In April, Mr. Kahkonen was part of a business delegation that accompanied the President of the Republic of Finland, Sauli Niinistoe, on his state visit to China and participated in the meeting with the Premier of the People's Republic of China, Li Keqiang, in Beijing. "The theme of Metso's anniversary is "Metso in China: 80 Years of Sustainable Partnerships", highlighting Metso's committed long-term partnerships with its Chinese customers. As part of the anniversary, Metso launched an official Sina Weibo account in China, and a dedicated mini-site (www.metso.com/80years) emphasizing Metso's history and achievements with partners in China. 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 contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd. www.metso.com, www.twitter.com/metsogroup 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#1707667] For further information, please contact: Perttu Louhiluoto President Automation Metso tel. +358 20 484 2224 Jukka Seppala Vice President Stakeholder Relations and Trade Policy Metso tel. +358 20 484 3106
Metso celebrates 80th anniversary in China
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