Finland's Valmet wins large deal in Brazil

viernes 7 de marzo de 2014 04:44 GYT

HELSINKI, March 7 (Reuters) - Finnish pulp and paper machine maker Valmet said it has signed a letter of intent for the delivery of two pulp drying lines to Klabin's new plant in Brazil.

Valmet did not disclose the value of the deal but said such a project is typically valued at 150-200 million euros ($208-277 million).

Shares in the company, which was recently spun off from Metso, rose 3.6 percent to 6.93 euros after the announcement. ($1 = 0.7225 euros) (Reporting By Jussi Rosendahl)