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Last €23.35 EUR
Change Today -0.77 / -3.19%
Volume 888.8K
MEO1V On Other Exchanges
As of 11:29 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

metso oyj (MEO1V) Snapshot

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52 Week High
08/19/14 - €31.97
52 Week Low
01/15/15 - €23.29
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Current Stock Chart for METSO OYJ (MEO1V)

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metso oyj (MEO1V) Details

Metso Corporation, together with its subsidiaries, provides services, products, and systems for customers in mining, oil and gas, and aggregates industries worldwide. The company operates through Minerals and Flow Control segments. It offers grinding mills; mining and aggregate crushers, screens, and feeders; mining conveyors; process equipment, such as separation, flotation, filtration, and thickening; bulk materials handling solutions; pyro processing; Mid-market equipment for aggregates; and shredders, shears, and balers for metal recycling. The company serves mining, construction, scrap yards, automotive, and waste handling industries. It also provides control valves, automated on-off valves, and emergency shutdown valves; ball and butterfly valves; positioners; slurry pump solutions; field services; and spare and wear parts. The company serves oil and gas, chemical and petrochemical, mining, pulp and paper, power generation, and other selected process industries. In addition, it offers expert and maintenance services, as well as spare and wear parts for the mining and construction industries. Metso Corporation has a strategic research agreement with The University of Queensland to develop technologies and services for energy-efficient minerals concentration. The company is headquartered in Helsinki, Finland.

15,350 Employees
Last Reported Date: 04/23/15

metso oyj (MEO1V) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: €601.8K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: €392.0K
Compensation as of Fiscal Year 2014.

metso oyj (MEO1V) Key Developments

Daelim Selects Metso's Intelligent Solenoid Valves to Ensure Safe ESD at Orpic's Sohar Refinery Expansion Project in Oman

Metso's intelligent solenoid valves have been chosen by Daelim, to ensure highly reliable emergency shutdown valve operation for over 600 safety-critical valves being used in the expansion project at Orpic's Sohar refinery in Oman. Daelim selected Neles ValvGuard intelligent solenoid valves to ensure that all safety actions can be implemented reliably on demand, if needed, for their extension project of the Sohar refinery, owned by Oman Oil Refineries and Petroleum Industries Company. These valves were chosen because of their ability to perform partial valve stroke tests on a regular basis to verify performance for the plant's predictive maintenance purposes as well as to maintain the required safety integrity level for the safety loops. The high pneumatic capacity and integrated limit switches of Neles ValvGuard optimize installation costs for any plant. This means that refineries can take advantage of improved plant safety in a highly cost-efficient way. Neles ValvGuards are fully compatible with Foundation Fieldbus communication protocol and they are ensuring safe and reliable operation on top of 3rd party and Metso valves. Foundation Fieldbus enables best possible life-cycle savings for the Sohar refinery due to some of the protocol's key benefits, including predictive maintenance capability and seamless data integration into operational displays of DCS system.

Metso Receives Comprehensive Valve Solutions Order for Sodra Cell's Varo Pulp Mill Expansion in Sweden

Metso announced that it has been chosen as the main supplier of valve solutions for Sodra Cell's Värö pulp mill expansion in Sweden. The extensive valve delivery includes a total of about 700 ball, segment and butterfly valves for on-off and control applications from the Neles and Jamesbury product portfolios. The control valves are equipped with Neles ND9000 series intelligent valve controllers, which have the capability for advanced performance follow-up. To enable good service levels for Södra Cell's pulp mill and other flow control customers in Sweden, The company opens a new valve service center in the Gothenburg area. The new service center will be operational in autumn 2015. The valve order for the plant was placed by Valmet, which operates as a major supplier of rebuilt and new equipment for the pulp mill expansion. On completion of the project, The renewed pulp mill is scheduled to start up in the third quarter of 2016.

Pentair and Metso AMay Take Valve Business

Pentair plc (NYSE:PNR) and Metso Corporation (HLSE:MEO1V) have emerged as strongest contenders for valve business of Larsen & Toubro Limited (BSE:500510), according to sources aware about negotiations. The deal may close for about $500 million.


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