Vaahto Pulp & Paper Machinery to Supply Boardmachine Headboxes to China

VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 7.12.2010 at 15.00

VAAHTO PULP & PAPER MACHINERY TO SUPPLY BOARDMACHINE HEADBOXES TO CHINA

Vaahto Pulp & Paper Machinery will supply five headboxes to two packaging boards production line of Vantage Dragon Ltd. in China. Vantage Dragon Ltd. belongs to the same Group with Lee & Man Paper Manufacturing Co., Ltd. -company. New production lines will be built to Matou Industry Park, which is located in Jianqxi area. The production lines will be started in the end of year 2011. The market value of this kind of delivery is usually approximately 5-6 million euros. Main portion of the equipment will be manufactured in Vaahto´s workshop in Hollola in Finland.

 

Headbox is one the most critical equipment of the paper machine. Through the headbox fibers and other raw materials are fed into the wire section. The majority of paper and board properties are determined by the headbox.

 

Lee & Man Paper Manufacturing Co., Ltd. is one of the biggest board producers in China. The company has co-operated with Vaahto Pulp & Paper Machineryn for a long time and Vaahto Pulp & Paper Machinery has delivered headboxes to Changshu and Hongmei factories of the company.

 

Vaahto Pulp & Paper Machinery is part of Vaahto Group, which is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.

 

Lahti, December 7, 2010

 

VAAHTO GROUP PLC OYJ

 

Anssi Klinga

CEO

 

Further information:

 

Timo Kerola

Vaahto Pulp & Paper Machinery Distribution (Shanghai) Co. Ltd.

CEO

Tel: +86 15921887852