HELSINKI, FINLAND -- (Marketwire) -- 12/17/12 -- Metso Corporation's press release on December 17, 2012 at 1:00 p.m. local time

Metso will supply Norske Skog with a grade conversion rebuild from newsprint to lightweight coated (LWC) grades of their PM 2 machine at their Boyer mill in Tasmania, Australia. The rebuilt production line will be fully operational after several phases of rebuild during the first quarter of 2014. The value of the order will not be disclosed.

The main target of the rebuild is to convert the newsprint machine into a competitive lightweight coated paper (LWC) production line. The delivery also includes a cooperation agreement aimed at achieving key objectives of the conversion.

Technical information

The future capacity of the PM 2 machine after the rebuild will be 140,000 tonnes per year of lightweight coated grades.

Metso's delivery will include a rebuild of the existing machine calender and a new ValSizer sizing section, a coating preparation and supply system, a TurnDry Compact air dryer, an OptiLoad calender, a ValReel reeler, a WinBelt C winder and parent roll handling equipment.

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

Norske Skog has 11 wholly and partly-owned mills in 9 countries and is one of the world's largest producers of publication papers like newspapers, magazines and periodicals as well as grades for advertising purposes. Norske Skog is listed on the Oslo Stock Exchange and had 5,100 employees at year-end 2011.

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

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Source: Metso Corporation via Thomson Reuters ONE [HUG#1665559]