Metsae Tissue Corporation
Metsae Tissue brands now stronger than ever – brilliant start-up for rebuilt PM 10 at Maenttae mill
Metsae Tissue Corporation / 11.05.2010 15:22 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Metsae Tissue Corporation Press release 11 May 2010 The rebuild of PM10 at Metsae Tissue's Maenttae Mill was brought to conclusion ahead of schedule, with the first reels produced on 22 April. The revamped machine produces toilet paper and hand towel base paper for products marketed under the Lambi, Serla and Katrin brands. The goal of the six million euro rebuild was to improve product quality over and above brand promises and customer expectations. Another key motivation was to improve energy efficiency, which is one of the company's strong focus areas. The rebuild will reduce water consumption and contribute to energy savings in line with Metsae Tissue's commitment to cut energy consumption by 20 percent within three years. 'The enhanced product quality will further strengthen our brand position. Serla consumers and customers appreciate Serla's unique combination of ecological awareness, high product quality and functionality,' says Markus Reivala, Serla Brand Director. 'I believe the investment will also consolidate Lambi's current position as a premium brand - synonymous with softness - far into future. Metsae Tissue's brands are a guarantee that quality, ecology and economy are always in sound balance, which is directly supported by this investment,' Reivala continues. 'The rebuild schedule was ambitious, but the project, implemented together with Vaahto Pulp & Paper Machinery Group, was very successful and actually proceeded ahead of plan. This was made possible thanks to the dedication and excellent team input of all involved. The runnability and speed of the paper machine and converting lines improved clearly, resulting in increased efficiency. We now have good potential for a further productivity increase in the future,' says Jori Sahlsten, Regional Operations Director, Northern Eastern Europe and Mill Manager of the Maenttae mill. Further information: Jori Sahlsten, Regional Operations Director, Northern Eastern Europe and Mill Manager Tel. +358 1046 47550 Email: jori.sahlsten@metsatissue.com Lars Warvne, SVP, Technology & Operations Tel. +46 (0)501 27 50 10 Email: lars.warvne@metsatissue.com Metsae Tissue is a leading tissue paper products supplier to households and large-scale consumers in Europe. We are also the world's leading supplier of baking and cooking paper products. Our main brands are Lambi, Serla, Mola, Tento, Katrin, Fasana and SAGA. We have production in Finland, Germany, Poland, Russia, Slovakia and Sweden and we employ some 3150 people. Our turnover is EUR 890 million. Metsae Tissue is part of the Metsaeliitto Group. News Source: NASDAQ OMX 11.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Metsae Tissue Corporation FI Phone: Fax: E-mail: Internet: WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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