Published on : Tuesday, January 30, 2018
Raute Corporation has received orders worth approximately EUR 23 million from Metsä Wood, the Wood Products Business Area of Metsä Group. The orders consist of machinery and equipment to be delivered for the expansion of Metsä Wood’s LVL mill in Punkaharju. The deal includes peeling, drying, LVL lay-up, pre-pressing and pressing lines, and also services related to the installation and commissioning. The installation and commissioning of the production processes for the expansion of the LVL mill in Punkarhaju will start in the beginning of 2019.
The cooperation between Raute and Metsä Wood has continued for a long period. The production processes in Metsä Wood’s plywood and LVL mills have mostly been implemented by machinery and equipment delivered by Raute. Raute’s strong expertise in the entire production processes of LVL and plywood can be seen in the wide scope of orders received by Raute. Raute estimates that its’ previous successfully completed deliveries to Metsä Wood and other operators in the LVL and plywood industries were the convincing factors, resulting in Raute to receive the orders.
Raute will publish its net sales and financial performance information for 2017 and outlook for 2018 in the financial statement release on February 15, 2018. This transaction is not included in the December 31, 2017 order book.
Tags: deal includes, drying, euro 23 million, expansion of Metsä Wood’s LVL mill, installation and commissioning, LVL and plywood, LVL lay-up, machinery and equipment, Metsä Group, Metsä Wood, order, order consist, peeling, pre-pressing and pressing lines, Punkaharju, Raute Corporation, receives, wood products business area