ABB to Supply Electrification, Drive Tech for Metsa Group Mill
By Cristina Roca
ABB Ltd. said Thursday that it has won a contract to supply
electrification and drive technology for a Finnish bioproduct
The Swiss company has signed a preliminary binding agreement
with Metsa Fibre, which is the world's largest producer of softwood
pulp and is part of Metsa Group.
The order is worth about 40 million euros ($43.3 million) and
production at the new mill could start in 2023, ABB said.
Write to Cristina Roca at email@example.com;
(END) Dow Jones Newswires
May 14, 2020 03:36 ET (07:36 GMT)
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