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2014-08-04

Metso Corporation: Metso's flow control technology for the PETRONAS Gas Berhad gas processing plant modernization project in Malaysia

Metso Corporation's press release on August 4, 2014 at 11:00 a.m. EET

Industry-leading flow control solutions improve plant safety and reduce
fugitive emissions

Metso has been selected to supply cutting-edge flow control technology to the
PETRONAS Gas Berhad's gas processing plant modernization project in Kerteh,
Terengganu, Malaysia. The new flow control solutions will replace the plant's
existing equipment and enable the plant to reach a higher safety integrity
level while improving its environmental performance. The order includes over
140 actuated on-off and emergency shutdown (ESD) ball and butterfly valves.

The order was placed by the Toyo Japan and Toyo Malaysia consortium. Toyo will
provide engineering, procurement, construction and commissioning through a
turnkey contract to expand the plant life for another 20 years. "Metso is a
well-known and trusted valve manufacturer with a good product history and
extensive industry experience," says Yoshiro Kawauchi, (Dr. Eng), Asia
Pacific Project Division, Toyo Engineering Corporation.

"With Metso's flow control technology, the plant will be able to further
reduce fugitive emissions using the proven live-loaded stem packing design
and by meeting the stringent ISO 15858 standards. The ESD valves will be
equipped with automated partial stroke testing capabilities to improve plant
safety. Metso is a global technology leader in partial stroke test devices
with our Neles ValvGuard solution," says regional Energy and Hydrocarbon
Sales Manager Tony Tan, Metso.

The deliveries to the Dew Point Control Unit 2 have been completed and
successfully installed. The deliveries to Gas Processing Plant 4 are ongoing.
These orders have been included in Metso's third quarter 2013 and second
quarter 2014 orders received.

Leading flow control technology for improved safety and sustainability

Metso has a long track record of delivering engineered performance and
reliability to the oil&gas industry through its leading product brands
Neles®, Jamesbury®and Mapag®. The company has delivered millions of valves,
control valves, and on-off valves globally more than 90 years, and has become
one of the leading suppliers of intelligent valve controllers. Metso's valve
technology centers and production facilities are in Finland, the United
States, Germany, China, South Korea, India and Brazil. The company has 36
valve and field device Service Centers.

Toyo Engineering Cooperation provides R&D support, design, engineering,
procurement, construction, commissioning, technical assistance for industrial
facilities: oil, gas, oil&gas development, petrochemicals, chemicals, water
treatment, transportation systems, power generation, nuclear power, advanced
production systems, pharmaceutical, fine chemical, distribution systems,
biotechnology, environment and others. The company headquarters are in Chiba,
Japan. www.toyo-eng.co.jp

PETRONAS Gas Berhad is Malaysia's leading gas infrastructure and utilities
company. It is a subsidiary of the Malaysian national oil company PETRONAS.
www.petronasgas.com

Metso is a leading process performance provider, with customers in the mining,
oil and gas, and aggregates industries. Metso's cutting-edge services and
solutions improve availability and reliability in minerals processing and
flow control, providing sustainable process and profit improvements. Metso is
listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales
totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts
in 50 countries. Expect results.
www.metso.com, www.twitter.com/metsogroup

For further information, please contact:
Tony Tan, regional Sales Manager, Energy and Hydrocarbon, Metso, tel. +65
92358812, email tony.tan(at)metso.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via Globenewswire

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