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Pulp Paper & Logistics


INDUSTRY NEWS 9


Metso to demerge its pulp, paper and power business


  under the new name of Valmet  Already approved by Metso’s


M


board, the demerger will require   which will be around the beginning of October. If approved,  


 Paper and Power business is being demerged from


Current president of Metso’s Pulp, Paper and Power business    the new company. He has been a   “Metso’s Board of Directors


has studied the requirements of  has considered both external and internal candidates. Our  possible person for the role of 


 has had a long and successful career at Metso, holding various   Power businesses,” said Metso chairman Jukka Viinanen. Pasi Laine, who has a


masters degree in engineering, commented: “It is an honour to be given this new opportunity to develop Metso’s Pulp, Paper and Power business as an independent company and implement our business strategy and accelerate growth. Our goal is to be the


Pasi Laine


leading global technology and service provider for the pulp, paper and power industries. The new Valmet will be a modern and dynamic listed company.” 


 


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30 - 31 October 2013 arsaw, Poland


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