Metso Outotec commence operations
Company aiming to be new partner for positive change in the aggregates, minerals, metals and recycling industries
METSO Outotec, a unique new company aiming to drive positive change in sustainable minerals and metals processing and recycling technologies, have commenced operations today (1 July).
Headquartered in Finland and listed on Nasdaq Helsinki, Metso Outotec employ more than 15,000 staff in over 50 countries and their illustrative combined sales for 2019 were approximately €4.2 billion.
The company will offer customers crushing and screening equipment for the production of aggregates as well as equipment and solutions for minerals processing, metals refining, chemical processing, and metal and waste recycling.
Bringing together a long history of technological leadership and leveraging the strengths of both companies, Metso Outotec say the combination will offer potential for significant cross-selling and cost synergies and an even stronger platform for innovation, digital leadership and growth.
With growing interest in the environment, the impacts of climate change, electrification etc forcing traditional industries such as aggregates and minerals processing to redefine their license to operate, Metso Outotec say they can help drive these industries towards a responsible use of the world’s natural resources.
‘It is our core expertise to help our customers transform the industry,’ said Pekka Vauramo, president and chief executive officer of Metso Outotec. ‘We offer sustainable technologies and services that reduce the consumption of energy and water by increasing process efficiency, recycling and reprocessing of tailings and waste.
‘Our extensive offering and expertise will help our customers improve their business and lower their risks. We are their partner for positive change. We have the best talent in the industry, and I am very excited to start the journey together today.’