Company type | Public company (Nasdaq Helsinki: MEO1V) |
---|---|
Industry | Industrial machinery |
Predecessor | Valmet, Rauma Oy |
Founded | 1999 |
Headquarters | , |
Key people | Jukka Viinanen (Chairman), Matti Kähkönen (President and CEO) |
Products | Machinery and services for mining, construction, energy, automation, recycling, pulp and paper industries |
Revenue | €5.552 billion (2010)[1] |
€445 million (2010)[1] | |
€257 million (2010)[1] | |
Total assets | €6.232 billion (end 2010)[1] |
Total equity | €2.071 billion (end 2010)[1] |
Number of employees | 28,590 (end 2010)[1] |
Website | www.metso.com |
Metso (Nasdaq Helsinki: MEO1V) supplies technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Metso Corporation was created in 1999 through the merger of Valmet and Rauma and is headquartered in Helsinki, Finland. Metso consists of three reporting segments: Mining and Construction, Automation and Pulp, Paper and Power.
Pulp, Paper and Power segment
Through its Pulp, Paper and Power segment, Metso offers processes, machinery, equipment, services, paper, machine clothing and filter fabrics for the pulp, paper and power industries. The offering covers the entire process life cycle including new production lines, rebuilds and services.
The segment consists of four business lines: Paper, Fiber, Power, Services. It is a global supplier of pulpmaking, papermaking, boardmaking and tissuemaking lines, covering all the processes from pulp making to the wrapping of finished rolls. Metso has supplied over 1,500 paper machines and equipment for 800 pulping lines to customers worldwide. Approximately one third of the global paper production is performed on production systems supplied by Metso Paper and its predecessors (e.g. Valmet, Ahlström, Beloit, Wärtsilä, KMW, Sunds Defibrator).[citation needed]
In 2011 Metso's Pulp, Paper and Power segment's net sales were EUR 2,703 million. In 2011, it had a personnel of 12,528. Europe, South and Central America, Asia and North America were all large market areas for the segment.[citation needed]
Mining and Construction Technology
Metso's Mining and Construction Technology segment consists of two business lines: Services business line and Equipment and Systems business line.
Metso Minerals supplies rock and minerals processing systems to its customers in mining, aggregates production, quarrying and construction. Metso’s Process Technology Center in Colorado Springs, Colorado, USA, is developing virtual machines based on sophisticated multi-physics models. The use of this technology is rare within the mining industry, making Metso the leader in simulating these complex problems.[2]
Energy and Environmental Technology
Metso's Energy and Environmental Technology segment consists of three business lines: Power business line, Automation business line and Recycling business line.
Metso Automation is a global supplier of machine and process automation for the pulp and paper industry, rock and minerals processing and the power and process industries.
Metso has the industry widest automation offering to pulp and paper industry covering applications and services ranging from specialty analyzers, automated laboratories, control and on/off valves to system for process control & information management, machine control, drive control and quality control with profilers.
Metso Power supplies fluidized bed boilers and recovery boilers, evaporators, environmental systems and service.
Materials Technology
Metso Materials Technology supplies and develops metallic materials for different industries.[3] Metso Materials Technology has also contributed to both the CERN LHC[4] and ITER[5] projects.
References
- ^ a b c d e f "Annual Results 2010" (PDF). Metso. Retrieved 6 February 2011.
- ^ "High-tech modeling contributes to more sustainable mining machines". Retrieved 2010-12-28.
- ^ "Metso Materials Technology Website". Metso. Retrieved 2009-07-08.
- ^ "Metso Materials Technology and CERN LHC". Metso. Retrieved 2009-07-08.
- ^ "Metso Materials Technology and ITER". Metso. Retrieved 2009-07-08.