Valmet, the fiber and paper technology business area of Metso Corp. closed the final acquisition of the services and after-market assets of bankrupt paper machinery manufacturer Beloit Corp. Valmet says that the price has been paid, as agreed, on the closing date, May 11, as the businesses were transferred to Metso Corp.
Valmet is a leading world supplier of technology, systems, and equipment for the pulp, paper, converting, and panelboard industries.
Explore the May 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- ReElement, Posco partner to develop rare earth, magnet supply chain
- Comau to take part in EU’s Reinforce project
- Sustainable packaging: How do we get there?
- ReMA accepts Lifetime Achievement nominations
- ExxonMobil will add to chemical recycling capacity
- ESAB unveils new cutting torch models
- Celsa UK assets sold to Czech investment fund
- EPA releases ‘National Strategy to Prevent Plastic Pollution’