By Cristina Roca
ABB Ltd. said Thursday that it has won a contract to supply electrification and drive technology for a Finnish bioproduct mill.
The Swiss company has signed a preliminary binding agreement with Metsa Fibre, which is the world's largest producer of softwood pulp and is part of Metsa Group.
The order is worth about 40 million euros ($43.3 million) and production at the new mill could start in 2023, ABB said.
Write to Cristina Roca at email@example.com; @_cristinaroca