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Metso Power is a forerunner in fluidized bed combustion for pulp and paper industry and power producers, while it offers a wide range of power boilers for different needs, from small units to giant tailor-made boilers, Treatment of Contaminated Soil and Waste |
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Metso and Wärtsilä’s joint venture cleared by regulatory authorities – name of the joint venture is MW Power Oy
Metso and Wärtsilä’s joint venture cleared by regulatory authorities – name of the joint venture is MW Power Oy
The name of the joint venture will be MW Power Oy. Jorma Lehtoviita, currently Vice President, Heat & Power, is appointed Managing Director. The current Managing Director of Wärtsilä Biopower Oy, Ilkka Heikkilä, is appointed General Manager, Finance and Administration.
The name of the joint venture will be MW Power Oy. Jorma Lehtoviita, currently Vice President, Heat & Power, is appointed Managing Director. The current Managing Director of Wärtsilä Biopower Oy, Ilkka Heikkilä, is appointed General Manager, Finance and Administration.
“Now that we have received the approvals, we can start integration planning. The long-term business drivers are positive for us,” says Jorma Lehtoviita, Vice President of Metso´s Heat & Power business.
Metso will own 60 % and Wärtsilä 40 % of MW Power Oy. It is estimated that the consolidated annual pro forma net sales of the company will be approximately EUR 130 million in 2008. The technologies of the two companies are complementary. Metso’s fluidized bed combustion technology and Wärtsilä’s grate technology enable a solutions portfolio for a wide range of fuels in power and heating plants.
Metso and Wärtsilä announced in September 2008 that they had signed a contract to form a joint venture. The company will be one of Europe’s leading providers of medium- and small-scale power and heating plants with a focus on renewable fuel solutions.
Metso’s Heat & Power business consists of Noviter Oy and VEÅ AB, both subsidiaries of Metso Power. The business unit employs approximately 100 people in Scandinavia, the Baltic countries and Russia. Metso Power designs and manufactures power generation and chemical recovery systems for energy producers and the pulp and paper industry globally.
Wärtsilä Biopower, a part of Wärtsilä Power Plants, supplies and manufactures biomass-fueled combined heat and power plants and heating plants. The company employs approximately 100 people in Finland. Wärtsilä’s engine-based power plant business is not affected by this joint venture and continues to offer a broad range of fuel-flexible power solutions.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
Metso Power is a forerunner in fluidized bed combustion for pulp and paper industry and power producers, while it offers a wide range of power boilers for different needs, from small units to giant tailor-made boilers. Over 160 Bubbling Fluidized Bed
Metso Corporation A global engineering and technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
About us
This section contains basic information about Metso Corporation. Read about Metso’s operations, products and services, and operating environment. Metso’s strategy and the values and ethical principles that guide our operations are also included in this section. Read customer stories about Metso’s collaboration with them.
Metso in brief
This page offers a brief overview of Metso Corporation – its key figures, organizational structure, market areas, products and services, history and acquisitions and divestitures.
Business areas
An overview of the operations of Metso’s three business areas – Metso Paper, Metso Minerals and Metso Automation – is found in this section.
Management
Find information about Metso’s management. We present Metso’s Board of Directors, Executive Team and the Business Area Management.
Strategy
Metso’s focus is on profitable growth. This page outlines our strategy and financial targets, our purpose and vision, and the management agenda.
Values
Our values – customer success, profitable innovation, personal commitment and professional development – guide us in our daily work.
Ethical principles
Metso’s ethical principles reflect our corporate culture, established business practices and procedures, and our commitment to the principles of sustainable development.
Operating environment
Many factors affect the demand for Metso’s products and its financial position. Find information about our customer industries and business cycles and about the competitive situation of our business areas. This page also contains a comprehensive list of our customers and competitors.
Customer stories
Metso’s customer relationships are built on extensive know-how and long-term collaboration. Our customers speak out in this section.
CYMIC BOILERS FOR HIGH CALORIFIC VALUE FUELS HYBEX BOILERS FOR DEMANDING BIOMASS FLUE GAS CLEANING AND HEAT RECOVERY SUSTAINABLE POWER FROM RECYCLED FUELS Metso Power - Efficient Boilers for the Production of Green Power
| Crusher for raw material We stock the most complete line of high quality laboratory and pilot-plant products for sample preparation and size reduction. Available immediately for mining and industrial applications.
Metso Minerals supplies bench scale jaw crushers, and cone crushers under the Marcy, Morse and Nordberg brand names. These units come in a variety of sizes to provide operators with laboratory mineral processing circuits. | |
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