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Metso to supply two power boilers for Indonesian PT Cikarang Listrindo for fulfilling local electricity needs

HELSINKI, FINLAND -- (Marketwire) -- 11/20/12 -- Metso Corporation's press release on November 20, 2012 at 11 a.m. local time

Metso will supply PT Cikarang Listrindo in Babelan outside Jakarta in Indonesia with two power boilers with a total capacity of 270 MWe. The delivery will also include a Metso DNA control system. The investment will increase the company's electricity production by approximately 30 %. The plant will be commissioned in 2016. The value of the order is approximately EUR 100 million.

The order is a major breakthrough for Metso to the power generation industry in Indonesia. PT Cikarang Listrindo selected Metso due to their expertise and ability to supply quality solutions fit for local needs.

"I am very glad that we have concluded the tender evaluation process by appointing Metso as contractor. We are very pleased with the discussions we have had with the well-experienced Metso team on how to meet our local needs. We can now all focus and work on the project and to have it completed in a timely manner and to all our satisfaction," says EC P'ng, PT Cikarang Listrindo's Technical Director.

Cikarang and surrounding estates form an industrial area with many factories that require stable power supply. In the last 20 years, PT Cikarang Listrindo's customer base has increased on a steady basis. As a result, the company decided to increase their power production capacity.

The main part of the order is included in Metso's Pulp, Paper and Power fourth quarter 2012 orders received and the control system in Automation fourth quarter 2012 orders received.

PT Cikarang Listrindo, a power company, engages in electricity generation and distribution to industrial estates in Indonesia. The company started their operations in 1992 with a capacity of 76 MWe and has since grown to its current capacity of 755 MWe. PT Cikarang Listrindo supplies to industrial customers as well as the National Power Grid.

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

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


For further information, please contact:

Martin Ridderheim
Vice President, Power business line, Asia Pacific and China
tel. +65 9030 0540

Ismo Niittymaki
Sales Director, Power business line
tel. +358 400 808 507

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