Metso Corporation : Metso and UPM to continue mill maintenance agreement at UPM Plattling mill in Germany Metso Corporation's press release on July 2, 2013 at 11:00 a.m. local time Metso and UPM have agreed to continue their mill maintenance outsourcing agreement at the UPM Plattling mill in Bavaria, Germany. Metso will provide maintenance systems and procedures and be responsible for optimizing maintenance costs and developing technical availability at the mill. The agreement, covering three paper production lines, will be effective as of July 1, 2013. The value of the agreement will not be disclosed. Metso has been responsible for the mill maintenance of Plattling mill's paper machine No. 1 since 2007 and of paper machines No. 10 and No. 11 since 2011. The new multiyear agreement will cover mill maintenance operations for these three paper production lines. Metso's mill maintenance model optimizes the use of Total Productive Maintenance (TPM), Metso's streamlined reliability centered maintenance (Applied RCM) and condition-based maintenance. The model ensures the highest possible equipment efficiency and cost optimization. The UPM Plattling mill produces 780,000 tonnes of light weight coated and supercalendered papers annually. 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. As of January 2014, Metso's Pulp, Paper and Power business will serve its customers with an even more focused and competitive approach as an independent, listed company, Valmet Corporation*. *Pending Metso EGM approval. www.metso.com/pulpandpaper, www.metso.com/energy www.twitter.com/metsopulppaper, www.twitter.com/metsoenergy 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 For further information, please contact: Jukka Koiranen, Director, Maintenance Outsourcing, Services business line, Pulp, Paper and Power, Metso, tel. +358 40 545 6173 Robert Mohr, Vice President, Sales, Northern Central Europe, Services business line, Pulp, Paper and Power, Metso, tel. +49 173 3080 534 ------------------------------------------------------------------------------ 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#1713516
Metso Corporation : Metso and UPM to continue mill maintenance agreement at UPM Plattling mill in Germany
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