Finnish power engineering company Wartsila and process industry machinery supplier Metso have signed a contract to form a renewable energy joint venture combining Metso's Heat & Power business, which is a business unit within Metso Power, and Wartsila's Biopower business.

Metso Corporation Company release on September 26, 2008 at 9:30 a.m. Metso and Waertsilae have signed a contract to form a joint venture combining Metso's Heat & Power business (a business unit within Metso Power) and Waertsilae's Biopower business.

Metso Corporation Press release on May 27, 2008 at 1:00 p.m. Metso and STFI-Packforsk AB have signed a purchase agreement regarding the shares of Lignoboost AB, a Swedish research company.

HELSINKI, Finland, July 4, 2007 (PRIME NEWSWIRE) -- Metso Power, which is part of the Metso Paper business area, is increasing its production capacity at the Lapua factory in Finland.