ABB seals deal with Metsä Fibre for 1.5 tonne bioproduct mill
18 May, 2020
ABB has signed an agreement with Metsä Fibre to supply electrification and drive technology solutions, for a new bioproduct mill with a capacity of 1.5 million tonnes of pulp annually, in Finland.
Under the contract, worth approximately €40m (US$43.2m), the Swiss electrical equipment manufacturer will be responsible for the supply of more than 1,000 electric motors, which will be manufactured at ABB’s facilities in Vaasa and Helsinki, Finland.
The contract is subject to a final investment decision that will be taken by the subsidiary of Metsä Group in autumn 2020.