Tag: Metso

Neles has previously reported that Olli Isotalo will serve as president and CEO of Neles Corporation. Recently, the Neles board of directors also appointed its CFO, Simo Sääskilahti, to be deputy CEO as well.

In preparation for the completion of the partial demerger of Metso Corporation, the management of the future Neles Corporation has defined its stand-alone ‘Strategy for profitable growth’ and mid-term financial targets with the support of the proposed Board of Directors of the future Neles.

Future Neles, Metso’s valve business, recently announced that its valves were used in approximately 250 major planned shutdowns globally in 2019, to secure plant availability, reliability, safety and environmental compliance.

Global flow equipment manufacturer Metso recently announced it will be evaluating the potential centralization of its warehousing operations in Europe in the near future.

Future Neles Corporation, Metso’s valve business, recently signed a distribution agreement with Axel Larsson Maskinaffär AB in Sweden.

Metso’s valve business, Future Neles Corporation, will soon establish two new service centers in Lisbon, Portugal, and in the Mulhouse area, France.

Metso’s valve business will showcase their latest valve solutions for a sustainable future of the pulp, paper and bioproducts industry later this month.Global megatrends and increasing awareness of sustainable production and environmental performance are driving the need for reduced emissions, decreased water and fossil-fuel consumption and for more efficient production processes.

Metso has recently appointed Simo Sääskilahti to Senior Vice President, Finance for the company’s valve business area. Over the course of creating Neles Corporation, Sääskilahti will also be nominated Chief Financial Officer of Neles.Prior to his career in Metso, Sääskilahti worked in management consulting and held management positions in the software business.

Metso, a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries, will be taking part in Flow Control Exchange India 2019 and will lead off with a seminar: "Applying IIoT methods to valves in process plants".

Metso, a flow equipment provider, has signed new distributor agreements with eight European partners for its valve business, during the first six months of 2019.The agreements include: Eck Boro in Switzerland; Gemza in Azerbajan; Geryon in Bulgaria; Mach in Germany; PCE in Portugal; PMS in Austria; Reflow in Slovakia; and Rombet in Romania.