Displaying items by tag: valmet

signature valmetValmet has been selected by Domtar to supply the equipment and technical services to convert a paper machine from uncoated freesheet to fluff pulp at the mill located in Ashdown, Arkansas, USA.

The delivery is part of Domtar's USD 160 million project to re-purpose the A64 paper machine. The rebuilt machine is scheduled to begin operation in the third quarter of 2016. This order is included in Valmet's first quarter 2015 orders received. The value of Valmet's delivery will not be disclosed.

"Valmet has been a trusted vendor-partner of ours, one that understands our business and delivers top-quality equipment and services that help our company succeed," says Jack Bray, Domtar's Vice President Manufacturing, Region 2. "We're glad to work with a supplier that shares our commitment to safety and sustainability, as well as performance, in creating world-class fiber products."

"Valmet has extensive experience in repurposing pulp and paper assets, especially in the production of fluff pulp. As we did during the Plymouth NC5 conversion, we worked closely with Domtar to optimize the technical solution that would meet their project objectives, including world class quality standards and high efficiency runnability," says Frank Swietlik, General Manager, Pulp Dryers and Baling, Valmet.

Technical information about the delivery

The scope of the Valmet delivery includes a new wet end, upgrades to existing cylinder dryer section, a new fully automated reel and a new OptiWin Pulp winder. Also included is a bypass run to a new cutter-layboy with an automated bale handling line.

Information about Domtar

Domtar Corporation designs, manufactures, markets, and distributes a wide variety of fiber-based products including communication papers, specialty and packaging papers, and absorbent hygiene products. In 2013, Domtar had sales of USD 5.4 billion from some 50 countries. The Company employs approximately 10,000 people.

Domtar's Ashdown mill has 3 pulp lines and 3 paper machines. The mill's annual paper production capacity is 680,000 tons and pulp production capacity 700,000 tons. The mill produces uncoated freesheet papers: offset, copy paper, laser form bond and check paper and bleached hardwood and softwood Kraft market pulp.

For further information, please contact:

Bill Bohn, Area President, Valmet North America, tel. +1 770 263 1542

Dave King, Vice President, Pulp and Energy, Valmet North America tel. +1 704 414 3420

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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signature valmetValmet and Metsä Fibre have signed a letter of intent according to which Valmet will deliver key technology to Metsä Fibre's planned Äänekoski bioproduct mill in Finland. The letter of intent covers recovery boiler, pulp drying line, gasification plant, and lime kiln deliveries. The delivery also includes a mill wide Metso DNA automation system.

The contract is subject to Metsä Fibre's investment decision. Metsä Fibre has announced that if the prerequisites for the investment are met, the decision on the construction of the bioproduct mill will be made during this spring, meaning that production at the new mill would begin in 2017.

The estimated value of Valmet's anticipated delivery, which includes only the core equipment supplied by Valmet, is about EUR 125-150 million. 

"This technology delivery for the Metsä Fibre Äänekoski project is a good sign of Valmet's competiveness and technological innovativeness. We are delighted to be able to continue our good and long cooperation with Metsä Group and Metsä Fibre," says Pasi Laine, President and CEO of Valmet.

Important employment impact

Valmet's anticipated delivery for Metsä Fibre's planned bioproduct mill will have an important employment impact on Valmet and its subcontractors. The employment impact of Valmet's project delivery is expected to be around 250 man years, out of which half in Finland.

"In projects like Äänekoski, we can utilize our know-how in pulp and bioproduct technology. In addition to bringing work to us our delivery also employs many other suppliers in the Nordics and Europe for engineering, manufacturing and installation. This delivery would employ Valmet employees especially in Finland, in the cities of Tampere, Ulvila, Jyväskylä and Raisio," says Bertel Karlstedt, Pulp and Energy Business Line President from Valmet.

Details about Valmet's technology delivery to Metsä Fibre Äänekoski project

If materialized, the approximately EUR 1.1 billion bioproduct mill planned by Metsä Fibre would be the largest ever investment in the forest industry in Finland. The mill would have an annual pulp production capacity of 1.3 million tonnes.

Valmet's delivery would include engineering, procurement, supply and construction management of a recovery boiler, a pulp drying line, a lime kiln and a gasification plant.

The planned recovery boiler has a capacity of 7,200 TDS/d (tonnes dry solids a day). The planned pulp drying line will have a trimmed width of 8.25 meters and a capacity of 2,700 Adt/d (air dry tonnes a day). The planned lime kiln has a capacity of 1,200 t/d and will be operated by renewable fuel provided by 87 MW product gas capacity biomass gasification plant. The gasification plant dries bark and gasifies it to product gas. 

Information about Metsä Fibre

Metsä Fibre is a world-leading producer of softwood pulp, whose main brand is Botnia. The company's main products are sustainably and cost-efficiently produced bleached softwood and birch pulps. Metsä Fibre has four pulp mills in Finland. Metsä Fibre's sales in 2014 totalled approximately EUR 1.3 billion, it employs some 850 people. Metsä Fibre is part of Metsä Group.

For further information, please contact:

Bertel Karlstedt, President Pulp and Energy business line, Valmet, tel. +358 40 553 3859

Kari Remes, Vice President, Recovery, Pulp and Energy business line, Valmet, tel. +358 40 709 2015

Pasi Mäkelä, Director, Pulp Mill Sales Support, Pulp and Energy business line, Valmet, tel. +358 40 505 4199

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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SCG Paper's Valmet-supplied containerboard production line, PM 16, successfully came on stream on October 01, 2014, 11 days ahead of the targeted date, at the Siam Kraft Industry Ban Pong mill in Ratchaburi, Thailand. The official Inauguration Ceremony at the Ban Pong mill took place on January 23, 2015, with over 400 guests celebrating the new well performing production line.

"PM 16 showcases the cutting edge technology of paper packaging manufacturing. It combines the world's latest technologies with SCG Paper's expertise, which means our company can now manufacture the products to meet the needs of customers in all and finer details," says Wichan Jitpukdee, Managing Director of Siam Kraft Industry.

The new 7.25 m wide PM 16 is the third OptiConcept M -type containerboard production line already started up. Earlier two lines have been started-up for Liansheng Paper Industry and Lee & Man Paper Manufacturing in China. This SCG Paper's line has an annual production capacity of approximately 300,000 tonnes of high-quality 100% recycled fluting grades in the basis weight range of 90 to 150 g/m2.The design speed of the machine is 1,300 m/min.

"Siam Kraft PM 16 is one of the most successful projects in South East Asia. It proves that Valmet can offer the very efficient technology in terms of energy consumption and operating cost reduction", says Pornpracha Wattanakijsiri, Head of South East Asia region, Valmet, Thailand.

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Wichan Jitpukdee, Managing Director Siam Kraft Industry Co., Ltd., Pornpracha Wattanakijsiri, Head of South East Asia region, Valmet, Hannu T Pietilä, Area President, Asia Pacific, Valmet, Roongrote Rangsiyopash, President of SCG Paper, and Chartchai Leukulwatanachai, Packaging Paper Business Head, at Siam Kraft PM 16 Inaugural Ceremony on the 23rd of January, 2015

Energy efficient OptiConcept M board machine

Valmet's delivery included a complete OptiConcept M boardmaking line from headbox to reel including an approach flow system, steam and condensate systems, surface size preparation and supply systems, a winder as well as machine clothing. In addition, Valmet provided an extended scope of supply implementation covering complete mill engineering, installation and supervision services related to commissioning, testing and start-up. Training services were also included in the delivery.

The Siam Kraft PM 16 containerboard production line combines high productivity with low energy usage per produced ton of paper. The real-time energy consumption monitoring shows that the production line is performing as expected in energy efficiency. "One important driver for this project was to achieve the efficient energy consumption level, which means we could optimize the operating costs yet, remain competitive", says Sompob Witworrasakul, Director of Engineering Division, SCG Paper.

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The Valmet OptiConcept M containerboard production line started up on October 01, 2014 for Siam Kraft Industry Co., Ltd. at the Ban Pong mill in Ratchaburi, Thailand.

About SCG Paper and its subsidiary Siam Kraft Industry

SCG Paper and its subsidiary company Siam Kraft Industry Co., Ltd produce and market industrial and packaging paper in Thailand and internationally. The company offers corrugating medium, linerboard, coreboard, industrial sack kraft, bag papers, plaster linerboard, duplex board as well as converted and finished products. The company was founded in 1984 and is based in Bangkok, Thailand.

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.
Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd. 
Read more www.valmet.com , www.twitter.com/valmetglobal

For further information, please contact:

Pornpracha Wattanakijsiri, Head of South East Asia region, Valmet, Thailand, tel: +66 81825 1578

Seppo Kaukiainen, Senior Project Manager, Paper Mills Business Unit, Valmet, tel: +358 40 589 7964

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signature valmetValmet will supply Zhejiang Long Chen Paper with a new headbox, press section and sizer for its new PM7 containerboard machine to be located in the company's Dushan mill in Jiaxing City in China. The start-up of the machine is scheduled for 2015.

The order is included in Valmet's fourth quarter 2014 orders received. The value of the order will not be disclosed.

Valmet's key technologies for containerboard

Valmet's delivery for the new containerboard machine will include a new OptiFlo Fourdrinier headbox for improved product quality and increased productivity, a center-roll based OptiPress press section with modern shoe press technology for lighter basis weights, as well as a new OptiSizer Film sizing section utilizing film application.

"In containerboard manufacturing, headbox, press section and sizer are key components in order to secure production quality. That's why also Long Chen chose Valmet to supply those parts for their PM7 machine," comments Kari Räisänen, Area Sales Director of Valmet.

The 7250mm wide (wire) PM7 will produce containerboard grades at maximum speed of 900 m/min.

About Zhejiang Long Chen

Long Chen Paper Co. is a service-oriented company that manufactures recycled containerboard, corrugated medium paper, corrugated board, and packaging materials. The company has operations in Taiwan and China. Long Chen Paper has 3,318 employees worldwide.

For further information, please contact:

Petri Paukkunen, Vice President, Sales and Marketing, Paper Mills, Valmet, tel. +358 40 744 8182
Fan Ze, Area Vice President, Sales, Valmet tel. +86 139 0133 6277

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

 Read more www.valmet.com , www.twitter.com/valmetglobal

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signature valmetValmet Corporation's Financial Statements Review for 2014 will be published on Friday, February 6, 2015 at approximately 12:00 noon Finnish time (EET). The stock exchange release and presentation materials in Finnish and in English will be available at that time on Valmet's website at www.valmet.com/investors.

News conference for analysts, investors and media

Valmet will arrange a news conference in English for investment analysts, investors, and media on Friday, February 6, 2015 at 2:00 p.m. Finnish time (EET). The news conference will be held at Valmet Head Office in Keilaniemi, Keilasatama 5, 02150 Espoo, Finland. President and CEO Pasi Laine and CFO Markku Honkasalo will be presenting at the news conference.

Webcast

The news conference can also be followed through a live webcast at www.valmet.com/webcasts. The live webcast starts at 2:00 p.m. (EET) and a recording of the webcast will be available shortly after the event at the same address.

Conference call

It is also possible to take part in the news conference through a conference call. Conference call participants are requested to dial in at least five minutes prior to the start of the conference, at 1:55 p.m. (EET), at +44 1452 560304. The participants will be asked to provide the following conference ID: 70698278

During the webcast and conference call, all questions should be presented in English. After the webcast and conference call, media has a possibility to interview the management in Finnish.

The event can also be followed in Twitter at www.twitter.com/valmetir.

Annual Review and Financial Statements for 2014

Valmet Corporation will publish its Annual Review and Financial Statements for 2014 during the week starting on March 2, 2015 at the latest (week 10).

Further information, please contact:

Hanna-Maria Heikkinen, VP, Investor Relations, Valmet Corporation, tel. +359 10 672 0007

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

Follow Valmet IR in Twitter www.twitter.com/valmetir

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signature valmetA Valmet-supplied tissue line recently started up at Syktyvkar Tissue Group's new site in Semibratovo, Yaroslavl region, Russia. The new Advantage DCT 100HS machine adds 30,000 tons of tissue per year to the company's current production of bathroom tissue, napkin and towel grades.

Valmet has previously delivered an Advantage DCT 100 production line to Syktyvkar's mill in the republic of Komi, which started up in 2008, as well as a major rebuild of their PM1 at the same mill in 2011.

"Valmet and Syktyvkar Tissue Group have developed a strong relationship during our previous deliveries. Excellent teamwork and big efforts from both sides combined with our well proven technology made the start-up very smooth and efficient. We are looking forward to continuing our long-term partnership in future projects," says Björn Magnus, Sales Director EMEA, Tissue Mills Business Unit, Valmet.

Technical information about the delivery

The tissue machine has a width of 2.7 m and a design speed of 2,000 m/min and is optimized to save energy and to enhance final product quality.

Valmet's delivery included a complete tissue production line featuring an Advantage DCT 100HS tissue machine. The tissue machine is equipped with an OptiFlo headbox and a cast alloy Yankee cylinder and an AirCap hood. The project scope also included basic and detailed engineering, process equipment, as well as the supervision of the installation and training of the new tissue line. Metso delivered an automation package with a process control system.

Information about Syktyvkar Tissue Group

Syktyvkar Tissue Group is today one of the best known companies on the Russian market for tissue products with a market share of around 10%. Today the company employs 385 people and produces approximately 45,000 tonnes of tissue. Headquarters and existing production facilities of the company before this new site in Semibratovo are located in Syktyvkar, capital of the republic of Komi in the northwestern part of Russia.

For further information, please contact:

Björn Magnus, Sales Director, Tissue Mills business unit, Valmet, tel. +46 703 17 79 83      

Hans Englund, Project Manager, Tissue Mills business unit, Valmet, tel. +46 705 17 40 00

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

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signature valmetValmet has decided to build a new services center in Indonesia, which is one of the key markets in Asia-Pacific for Valmet's products and services. The new service center will be located in the Jakarta area on the island of Java, and it will be fully operational at the beginning of 2017.

"We see good opportunities for services growth in the Asia-Pacific area. After the investment, we'll be able to provide our Asia-Pacific pulp, paper and energy customers with a much wider services offering. Our offering will expand to include roll services, boiler services, fiber workshop services, mill improvement solutions, paper machine clothing, and filter fabrics," says Jukka Tiitinen, Business Line President, Services at Valmet.

Strengthening local presence

"This investment supports Valmet's activities in the area to a great extent. We are present close to where our customers operate. We deliver environmentally sound technologies and services and promote sustainable development in every way. Customers' performance improvements and competitiveness are key issues for us," points out Hannu T. Pietilä, Area President, Asia-Pacific at Valmet.

The center will serve Valmet's pulp, paper and energy customers throughout the Asia-Pacific area. Valmet has a large installed base in the area, providing a good platform for services to grow.

Today, Valmet operates Asia-Pacific service centers in Thailand, South Korea and Australia.

"The new service center in Indonesia will bring us significantly closer to the customers in the area," concludes Tiitinen.

For more information, please contact:

Jukka Tiitinen, Business Line President, Services, Valmet, tel. +1 404 433 0937

Hannu T. Pietilä, Area President, Asia-Pacific, Valmet, tel. +66 81 862 1122

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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signature valmetMetsä Board Corporation has selected Valmet as the supplier for its new folding boxboard production line at Husum mill, Sweden. The new machine will produce high-quality folding boxboard with an annual capacity of 400,000 tons. The start-up of the machine is scheduled for the beginning of 2016.

The order is included in Valmet's fourth quarter 2014 orders received. The value of this size of an order is typically around EUR 60-70 million and it is part of Metsä Board's EUR 170 million investment in the mill.

"We selected Valmet as the technology provider for this strategic project because of their advanced and competitive solutions for high-quality folding boxboard production and our long history of working with Valmet," says Mika Joukio, CEO of Metsä Board. 

"This important order from Metsä Board is a good continuation for the active order year for Valmet. I am delighted that Metsä Board trusted us on this significant strategic project. It is a strong token of the competitiveness of our new OptiConcept M paper and board machine concept.  The order has an important employment impact for us especially in Jyväskylä, Finland," says Pasi Laine, the President and CEO of Valmet.

Technical information of Valmet's delivery

Valmet's delivery includes a wet end of the latest OptiConcept M design with headboxes, forming section and press section, as well as a rebuild of the off-machine coater, winder and the roll wrapping line. The wet end area of the machine features innovative OptiConcept M frame construction without the need for cantilever beams for fabric changes. The fabric changes will be carried out by means of fabric insertion units, which Valmet has sold 120 units globally so far.

"The wet end area introduces newest design which also adds safety and machine usability. The winder will be rebuilt with our unique dual unwind station for maximum capacity," summarizes Mikko Tani, Area Vice President, Sales and Marketing, Valmet.

The 6660 mm-wide (trim) machine, BM 1, will produce folding boxboard (FBB) grades in the basis weight range of 180-350 g/m2 at a design speed of 1000m/min.

About Metsä Board

Metsä Board is Europe's leading producer of folding boxboard and the world's leading manufacturer of coated white-top fresh forest fibre linerboards. It offers premium solutions for consumer and retail packaging. The company's sales network serves mainly brand owners, carton printers, corrugated packaging manufacturers, printers and merchants. Metsä Board is part of Metsä Group and its shares are listed on the NASDAQ OMX Helsinki. In 2013, the company's sales totalled approximately EUR 2.0 billion. The company has approximately 3,100 employees.

For further information, please contact:

Jari Vähäpesola President, Paper Business Line, Valmet, tel. +358 10 672 5260

Mikko Tani, Area Vice President, Sales and Marketing, Valmet, tel. +358 40 518 0567

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

Published in European News

valmet defibValmet has during 2014 increased its fiberboard line Defibrator system market share in China. With a total order value of about EUR 12 million Valmet is now the leading supplier of Defibrator systems in the country.

"Our target has been to become the leading supplier of Defibrator systems in China by the end of 2014, and now we have around 60 percent share of the market. We are really very pleased with what we have achieved during this year", says Aki Niemi, Area President, China, Valmet.

The received orders are a mixture of upgrades and new machinery, and have come both from old and new customers for Valmet. A great deal of efforts has been put into developing the production processes and machines to improve the process results, specially focusing on energy savings and environmental factors.

"A development project is ongoing and we will introduce a new and further improved system on the market very soon. We are grateful for all the orders we've been entrusted with and will keep improving our technology to meet also future demands," says Yutong Feng, Vice President of Pulp and Energy Business Line for Valmet in China.

"But we are not just looking for sales, we are looking for a life-long relationship with our customers in which we can develop and grow together. This is the beginning of our journey", Feng continues.

Information about Valmet's Defibrator system

The Defibrator system is an essential part in a fiberboard line. Valmet's defibrators are known for their reliability and provide high-quality, homogenous fiber material. The material from Valmet's system has a minimum of shives and low fines content, which is a prerequisite for successful fiberboard production.

Further information, please contact:

Jansen Shang, Senior Sales Manager, Pulp and Energy Business Line, China, Valmet tel. +86 138 0123 1944

Leif Sundberg, Sales Manager, Pulp and Energy Business Line, Valmet tel. +46 70 606 55 47

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet har omkring 1500 medarbetare i Sverige som jobbar i nära samarbete med ett stort antal kunder. I Sverige kommer tekniken i tre av fyra pappersbruk från oss. Vi har flera produktions- och R&D enheter varav de största finns i Göteborg, Karlstad och Sundsvall.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

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On June 18, 2014, Lee & Man Paper Manufacturing Ltd. started up their new Valmet-supplied containerboard production line, paper machine 20 (PM 20), at their Chongqing site in Sichuan Province in China. The new production line produces high-quality board grades from recycled raw material with excellent strength properties. PM 20 is the world's second start-up of Valmet's OptiConcept M -type production line. The line combines high productivity with low operating costs.

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Valmet OptiConcept M production line at Lee & Man Paper Manufacturing's Chongqing site

Valmet's OptiConcept M production line delivery

Valmet's delivery included a complete OptiConcept M boardmaking line from headbox to reel with related air systems.

The new 6.65 meters wide (reel) PM 20 production line has a daily production capacity of approximately 1,160 tonnes of recycled testliner grades in the basis weight range of 50 to 160 g/m2. The design speed is 1,100 m/min.

OptiConcept M production line stands for economy of total investment, occupational safety and machine usability as well as reduction of environmental load. The production line optimizes the machine investment in line with the mill's capacity needs and ensures optimized productivity at minimal operational cost.

About Lee & Man Paper Manufacturing Ltd.

Lee & Man Paper Manufacturing Ltd. manufactures various linerboard and corrugating medium grades for different industrial packaging purposes and operates also in pulp making, plantation and recovered paper collection. The company was founded in 1994. At present, the company has five plants in China.

Further information, please contact:

Jussi Kairus, Senior Project Manager, Paper Mills, Valmet, tel. +358 40 551 9253

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

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