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    Standard Chartered to acquire Zodia Custody’s custody business.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

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    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

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    Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy at Dashela, Giving new momentum to the vision of “Sahkar Se Samriddhi”.

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    Equinor signs 5-year agreement for supplies to Germany.

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

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    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

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    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

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    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

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    Stellantis Announces Groundbreaking, Small and Affordable E-Car Project .

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    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

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    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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    Equinor signs 5-year agreement for supplies to Germany.

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    NextEra Energy and Dominion Energy to Combine, Creating the World’s Largest Regulated Electric Utility Business and North America’s Premier Energy Infrastructure Platform Benefiting Customers.

  • National
    • All
    • Economy & Politics
    • Election

    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

    Nationwide bandh called: Food Safety and Drug Administration issues precautionary measures to public and guidelines to departments.

    Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy at Dashela, Giving new momentum to the vision of “Sahkar Se Samriddhi”.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Gautam Adani Launches ₹150 Crore Rural Vision Care Initiative in Bihar with Capacity for 3.3 Lakh Surgeries Annually, Commits An Additional ₹500 Crore for Nationwide Expansion .

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

  • Business

    Equinor signs 5-year agreement for supplies to Germany.

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

  • Health

    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    DKMS Foundation India Launches Free HLA Typing for Children with Thalassaemia.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

  • Technology
    • All
    • Environment
    • Science

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    India’s AI Boom Faces Reality Check as ROI and Governance Lag: ISACA Report.

    CAQM conducts inspection drive in Noida, directs Intensified Mitigation and Strict Enforcement

  • Auto

    Stellantis Announces Groundbreaking, Small and Affordable E-Car Project .

    Renault Niagara: the name of the new robust versatile pick-up designed for Latin America

    Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) Consolidated Q4 FY26 Results.

    Tata Motors Passenger Vehicles introduces AMT in the Altroz iCNG.

  • Sports

    TATA IPL 2026 Playoffs tickets to go live from May 20.

    Tributes, tradition mark the inauguration of SM Krishna Memorial Open

    8 Indians in main draw as SM Krishna Memorial Open begins new Challenger era.

    Bombay Shirt Company and JioStar Unite to Bring a Fresh Take to ‘On-Air Styling’ for India’s Biggest Summer Cricket Broadcast.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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ABB and Metsä Fibre sign agreement to supply electrification and drive technology for new Finnish bioproduct mill

by FWM
May 14, 2020
in Business
0
Zürich, Switzerland | 2020-05-14

ABB and Metsä Fibre, part of Metsä Group, have signed a preliminary, binding agreement according to which ABB Finland will deliver electrification and drive technology solutions for Metsä Fibre’s planned bioproduct mill in Kemi, northern Finland.

The agreement is subject to Metsä Group’s final investment decision, which will be made earliest in autumn 2020. The order is worth approximately EUR 40 million. Production at the new mill could start in 2023. The production capacity is 1.5 million tonnes of pulp per year, as well as many other bioproducts.

“We are extremely pleased that our expertise and products will be part of this planned investment, which if realized will be the largest ever investment in the forest industry in Finland. Our deliveries for the project would contribute to ensuring the high availability of the mill as well as reliable and efficient production and efficient use of energy. ABB Finland has more than 30 years of experience in demanding pulp and paper industry electrification and overall delivery projects, both in Finland and globally,” said ABB Finland’s Managing Director Pekka Tiitinen.

“ABB represents the values we require from our partners: a commitment to safety, on time delivery and quality delivery. A high degree of domestic content is also essential. We are moving towards the common goal of building a fossil-free bioproduct mill in Kemi, which is the most efficient wood processing plant in its field. We have all the prerequisites to implement a successful major project together with a competent partner,” said Ismo Nousiainen, CEO of Metsä Fibre.

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According to the preliminary agreement, over 1,000 electric motors for the planned Kemi bioproduct mill will be manufactured in Finland at ABB’s factories in Vaasa and Helsinki. The mill’s protective relays and safety switches would be supplied by ABB’s factories in Vaasa, and over 600 drives would be supplied by the world’s largest drive factory in Pitäjänmäki, Helsinki. Furthermore, ABB Power Grids Finland is responsible for the transformer deliveries for the Kemi project. The main transformers for the mill would be manufactured at the ABB Power Grids transformer factory in Vaasa.

The planned mill would make comprehensive use of ABB’s newest and extremely reliable energy-efficient electrification and operations technology. The electric motors for the mill would be controlled by ABB’s latest intelligent motor control system. To save energy, ABB’s new range of drives would control half of the mill’s electric motor power. The mill is planned to use ABB’s latest generation of high-efficiency motors as standard. The mill’s electrical system and drive technology would be integrated into ABB’s Ability™ condition monitoring and remote support system.

Tags: ABBMetsä Group

FWM

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