Metso to supply biomass power plant to Bioenergeticheskaya Kompaniya in Russia

Metso Corporation's press release on February 12, 2013 at 11:00 a.m. local time Plant will enable utilization of sawmill residue for sustainable heat and power production Metso will supply Bioenergeticheskaya Kompaniya LLC with a complete biomass- fired combined heat and power plant in Syktyvkar, the Komi Republic, Russia. The power plant is scheduled to be in operation in 2014. The value of the order will not be disclosed. Metso's delivery will include process equipment and technical advisory services for installation, commissioning and training.  A Metso belt dryer and a Metso DNA automation system will also be included in the delivery. The power plant will utilize bark and wood residues from the Syktyvkar sawmill and other biomass. The power output of the plant will be 4 MWe. The power will be distributed to the local grid and heat will be utilized in the belt dryer. "We are convinced that cooperation with Metso will provide a means to utilize the sawmill residues from the Syktyvkar sawmill to produce power. This is an important issue for the Government of the Komi Republic. The new plant will be built based on advanced know-how solutions using the most modern equipment," says Alexander Gibezh, Deputy Minister of Industry and Transport of the Republic of Komi. "Sawmill residues that have long been stored at the site of the Syktyvkar sawmill will now be used as fuel for the new power plant. The investment in the power plant will help to create more job opportunities and will improve the environmental situation in the Komi Republic," adds Alexey Kryukov, CEO of Bioenergeticheskaya Kompaniya. "This power plant is an important milestone in the development of distributed power generation based on the vast renewable biomass resources of Russia. We are very happy to help Bioenergeticheskaya Kompaniya LLC to lead the way towards local sustainable power solutions," says Director Matti Järvinen, North Eastern Europe, Power business line, Metso. "The uniqueness of our solutions is in the complete supply: all equipment from the fuel handling system to the flue gas cleaning system will be supplied by Metso. The new power plant will also run under a Metso automation system," says Director Nikolay Doroshenko, Russia, Power business line, Metso. The order is included in Metso's Pulp, Paper and Power fourth quarter 2012 orders received. The Ministry of Industry and Transport of the Republic of Komi is responsible for implementation of development programs in Komi. The Bioenergeticheskaya Kompaniya biomass-fired power plant is one of the projects in one of the development programs. The project also has a governmental priority status. Bioenergeticheskaya Kompaniya LLC is a Komi Republic based energy company that provides and markets electricity. Bioenergeticheskaya Kompaniya LLC has a wide range of plans for investments in the Komi region. Metso's pulp, paper and power professionals specialize in processes, machinery, equipment, services, paper machine clothing and filter fabrics. Our offering and experience cover the entire process life cycle including new production lines, rebuilds and services. www.metso.com/pulpandpaper , www.metso.com/power , www.twitter.com/MetsoPulpPaper Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide. Expect results. www.metso.com , www.twitter.com/metsogroup For further information, please contact: Nikolay Doroshenko, Director, Russia, Heat & Power, Power business line, Metso, tel. +7 985 222 3474 Pasi Rantonen, Director, Power plants, Heat & Power, Power business line, Metso, tel. +358 40 544 8328 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Metso Corporation via Thomson Reuters ONE [HUG#1677331]