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Metso to Deliver Biomass Boilers to Portugal

June 26, 2007 - Metso Power, a business division of Metso Paper, will supply EDP Producao — Bioelectrica, S.A. with two biomass-fired power boilers to its new power plants in Portugal.

The total value of the order is approximately EUR 60 million, Metso said.

The first boiler (83 MWth) will be installed at Celbi's Figueira da Foz pulp mill and the second boiler (35 MWth) at Caima's pulp mill near the city of Constancia. Both power plants will mainly use biomass, such as eucalyptus bark and forest residues, as fuel to produce together approximately 40 MWe electricity to the national grid.

Both boilers utilize bubbling fluidized bed technology, Metso added.

The delivery will be completed by the second quarter of 2009.

According to Metso, the investments are part of Portugal's national green energy program, and tariffs for such delivered electrical energy are subsidized by the Portuguese government.

EDP Producao — Bioelectrica, S.A. is a joint venture of EDP, a Portuguese electricity company, and Altri Group, which is the owner of pulp producers Celulose Beira Industrial (Celbi), Celulose do Caima and Celtejo.

Celbi Pulp Mill produces short-fiber bleached eucalyptus pulp, Caima Pulp Mill makes bleached magnesium sulfite pulp, and Celtejo Pulp Mill makes kraft pulp.

SOURCE: Metso Corp.




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