Valmet will supply board machine key technology and machine control systems for three new containerboard machines in China. Two of the machines will be producing liner and one will be producing fluting. The start-ups of the machines are scheduled for 2019.

The orders are included in Valmet's fourth quarter of 2017 orders received. The value of the order will not be disclosed. Typically, a project of this type and scope is valued at EUR 30-40 million.

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"In containerboard manufacturing, headbox and press section are one of the most important key technologies to secure high production quality. Our expertise and our smooth project execution capabilities convinced the customer to choose Valmet to supply these key technologies for its three new containerboard machines," comments Timo Saresvuo, Senior Sales Manager from Valmet.

Technical information about the delivery

Valmet's delivery for the new containerboard machines will include altogether six new headboxes and three press sections. For the liner board machines, OptiFlo Fourdrinier headboxes were selected for improved product quality and increased productivity and two OptiPress Linear double-nip press sections with linear web run for excellent end product properties, high dewatering capacity and good runnability. The delivery for the machine producing fluting includes an OptiFlo Fourdrinier headbox and a center roll based OptiPress Center press section with shoe press technology. All the delivered machinery will be equipped with Valmet DNA machine control system.

For further information, please contact:

Mika Ollikainen, Sales Director, Asia-Pacific and China, Valmet, tel. +358 45 271 1711

Fan Ze, Vice President, Capital Sales in China, Valmet, tel. +86 10 6566 6600 3108

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in Asian News

The Board of Directors of Valmet Oyj has decided on a new long-term share-based incentive plan for Valmet's key employees. The aim of the plan is to combine the objectives of the shareholders and the key employees in order to increase the value of the Company in the long run, to commit the key employees to the Company, and to offer them a competitive reward plan based on holding the Company's shares.

valmet logoThe plan includes three discretionary periods, which are the calendar years 2018, 2019 and 2020. Valmet's Board of Directors shall decide on the performance criteria and targets in the beginning of each discretionary period. The potential reward from the discretionary period 2018 is based on Valmet's Comparable EBITA margin and orders received growth (%) of the stable business, that is, the Services and Automation business lines. The potential reward from the discretionary period 2018 will be paid partly in Company shares and partly in cash in 2019. The proportion to be paid in cash is intended to cover taxes and tax-related costs arising from the reward to the key employee.

Furthermore, the members of Valmet's Executive Team are recommended to own and hold an amount of Company shares equaling to their gross annual base salary (100 percent ownership recommendation).

The rewarded shares may not be transferred during the restriction period, which will end two years from the end of the discretionary period. As a rule, no reward is paid if the key employee's employment or service at Valmet ends before the reward payment. Should a key employee's employment or service end during the restriction period, he or she must, as a rule, gratuitously return the shares given as reward to the Company.

The plan is directed to a total of approximately 120 participants, of which 80 are key employees in management positions (including Executive Team members), and 40 are management talents, which is a new target group in Valmet's share based incentive plan. The total combined reward to be paid based on the plan is capped to an approximate maximum of 586,000 shares in Valmet Oyj, representing the gross reward before the deduction of taxes and tax-related costs arising from the reward.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in financial News

Valmet will supply a vast grade conversion rebuild with a wide scope of automation for Sappi Lanaken Mill in Belgium. In the project, the mill's paper machine 8 (PM8) currently producing lightweight coated (LWC) paper grades will be rebuilt to also produce lightweight and high-quality woodfree coated paper grades, which the mill will gradually start producing. The start-up of the rebuilt machine is scheduled for 2019. The project is an EPC delivery (engineering, procurement and construction) with an extensive site operation scope.

The order was included in Valmet's third quarter of 2017 orders received. The value of the order will not be disclosed. The value of an order of this type is typically around EUR 60-80 million.

"Sappi has been relying solidly on Valmet in the past years, and the excellent collaboration and results from the previous projects were certainly an asset in the negotiations. In addition to this new, extensive rebuild for Lanaken, five other major ongoing or already started-up projects for Sappi are Valmet-supplied (Sappi Maastricht 2018, Sappi Sommerset 2018, Sappi Kirkniemi 2016, Sappi Gratkorn 2014 and Sappi Alfeld 2013). These projects have led into a true partnership between Sappi and Valmet. Valmet has been able to offer just the right solutions to fulfil the customer needs. To ensure the selected concept, pilot trials were run at Valmet Paper Technology Centers," says Robert Mohr, Vice President of Central Europe Sales, Valmet.

Signing the contract at the Sappi Lanaken Mill. From left Werner Reiter, Bernhard Zottler, Günther Engelen, Wim Devens, Eric Raedts (all from Sappi), Marko Oinonen (Valmet) and Robert Mohr (Valmet).Signing the contract at the Sappi Lanaken Mill. From left Werner Reiter, Bernhard Zottler, Günther Engelen, Wim Devens, Eric Raedts (all from Sappi), Marko Oinonen (Valmet) and Robert Mohr (Valmet).

Technical details about the delivery

Valmet's delivery includes modifications to stock preparation and pulp bale de-wiring system, paper machine, air systems and major changes and improvements in the automation systems. The paper machine modifications include rebuilds in the forming section, press section, dryer section, and coating section, a new sizer, calender and reel. The re-reeler will be relocated. Automation delivery includes quality management system, machine and process control systems, as well as web inspection system. All the equipment will be delivered with installation.

PM 8 will be producing lightweight coated paper grades in the dimensional weight of 115 g/m². The mill has a total capacity of 530,000 tonnes/year.

Information about the customer Sappi Europe

Headquartered in Brussels, Belgium, Sappi Europe is the leading European producer and supplier of coated fine paper, packaging and specialty papers. In Europe, the company has seven mills, 14 sales offices and 5,100 employees. Lanaken Mill in Belgium produces a variety of pulp and high-quality fine coated papers.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in European News

Valmet has been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe since 20 September 2017. The index contains 200 of the European stock listed companies that display the best performance in terms of corporate social responsibility (CSR).

valmet logoEthibel is constantly looking out for companies which may be eligible for ethical investments and to be included in its ethical investment register. From the investment register 200 of the best companies are selected to the Ethibel Sustainability Index. Main areas of assessment are human capital, environmental management, market ethics, governance, social impact and human rights. The assessment is based on external information sources such as sustainability reporting and company web sites.

"The reconfirmation as a constituent in the Ethibel Sustainability Index is a recognition of Valmet's strong focus and consistent progress in sustainability. For investors Valmet's inclusion in this index provides further assurance of the company as an ethical investment target. In its assessment, Ethibel is using only external information sources, and thus the inclusion in the index is also a recognition for Valmet's transparent and comprehensive reporting and communications around sustainability," says Anu Salonsaari-Posti, SVP, Marketing, Communications and Sustainability at Valmet.    

In September 2017, it was announced that Valmet was included in the Dow Jones Sustainability World and Europe indices for the fourth consecutive year. Valmet is also included in the CDP Climate A-list for its actions and strategy to mitigate climate change. 

About the Ethibel Sustainability Index Excellence Europe
The Ethibel Sustainability Index Excellence Europe includes the 200 best performing European companies in the field of corporate social responsibility. The analysis is based on research carried out by the rating agency Vigeo Eiris. Ethibel actively promotes socially responsible investing and corporate social responsibility on the financial markets. Read more

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in European News

Valmet will supply a complete tissue production line, including Focus rewinder and an extensive automation package to Crown Paper Mill (CPM) in Abu Dhabi. The new Advantage DCT 200HS line will fulfill the company's demand of new capacity of high quality tissue products for the Middle East market. Start-up is planned for the second half of 2018.

The order is included in Valmet's third quarter 2017 orders received. The value of the order is not disclosed.

valmet logo"Besides the well-known fact that Valmet is a global leader in the pulp and paper industry, Valmet ensures that their machines are equipped with the latest technology, which is why Crown Paper Mill opted for the DCT 200 tissue machine.  CPM believes that after the successful completion of the factory's expansion, CPM will anchor its position as the leading tissue jumbo roll manufacturer in the region," Mr. Abdullah Al Khateeb, Managing Director of CPM.

"We are proud that our capability to supply complete tissue mill equipment with superior technology, e.g. Advantage ViscoNip press and Advantage ReTurne energy recovery system, were considered as important success factors for customer's future expansion plans.  We are excited to support CPM's expansion plans and their ambition to provide high-quality products to their customers," Kent Nika, Sales Manager, Valmet.

Technical information about the delivery

The new tissue machine will have a width of 5.6 m and a design speed of 2,000 m/min and will add 65,000 tons tissue paper per year to Crown Paper Mill's current production of high-quality facial, toilet tissue and kitchen towels.

Valmet's scope of delivery will comprise a complete tissue production line featuring stock preparation systems, an Advantage DCT 200HS tissue machine and Focus Rewinder line. The machine is equipped with OptiFlo headbox and Valmet cast alloy Yankee cylinder as well as the Advantage technology including ViscoNip press, ReTurne energy recovery system, AirCap hood, WetDust dust system and SoftReel reel. The delivery also includes an extensive automation package with Valmet DNA, process controls and Valmet IQ quality controls. Complete engineering, installation, supervision, training, start-up and commissioning is also included in the delivery.

Information about the customer

Crown Paper Mills LLC is a producer of Jumbo tissue paper rolls. The mill has an annual production capacity of 35,000 tons of tissue for facial, toilet, kitchen, towel, napkin, C-fold and carrier grades for the UAE market and surrounding region.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in Asian News

Mr. Xiangdong Zhu (B.Sc. (Eng.), MBA) has been appointed Area President of Valmet's China area as of 1 October, 2017. He will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.

2017 09 28 081127Xiangdong Zhu is currently employed at Valmet as Vice President, Services in China. He has a long background at Valmet spanning in total 17 years in different management positions. During his career he has also worked in management positions at Stora Enso and Voith Paper in China. Xiangdong Zhu has gained wide experience from the businesses and customer industries that are at Valmet's strategic core - large process technology projects, automation and services to pulp, paper and energy industries. He has a good track record in managing and developing local teams and competences as well as in growing a profitable business.  

"It is a pleasure to welcome Xiangdong Zhu to our Executive Team to develop Valmet's China operations and customer relations further. He has a good background in versatile line management positions, strong experience from our core businesses and an excellent China market understanding," says Pasi Laine, President and CEO of Valmet.

As announced in July, Mr. Aki Niemi, the current Area President, China will start as Business Line President, Services at Valmet as of October 1, 2017.

Xiangdong Zhu's CV

Xiangdong Zhu has been appointed China Area President as of October 1, 2017. Prior to that he has been employed as Vice President, Services, China at Valmet (2013-2017), Vice President, Automation at Voith Paper China (2011-2012) and Vice President, Capital Sales and Application at Voith Paper China (2012-2013). Mr. Zhu has worked in many management positions at Valmet Automation in China: Country Manager (2007-2011), Sales Director (2004-2006) and Sales Manager (1998-2003).  Mr. Zhu worked as Department Manager, Automation and Electrification at Stora Enso (Suzhou) Paper Co. Ltd (1992-1998) and as Engineer in Suzhou Signal and Communication Department of Shanghai Railway Bureau (1989-1992). Mr. Zhu holds a Bachelor of Science degree in Industrial Automation and Master of Business Administration degree (MBA).

Published in Asian News

Valmet will start a reshaping of its internal Information Technology (IT) services to improve the operations' efficiency and business focus. The set of actions to be taken include a business transfer agreement signed with CGI. Under the agreement Valmet's internal IT Service Desk, end user support and most infrastructure services, including server management, workstation management and end user computing, will be moved from Valmet and their current partners to CGI.

valmet logoThe transfer agreement concerns 58 current Valmet IT employees globally, who will be offered to transfer to CGI or its partner with similar terms. The transfer is targeted to become effective on October 1 and the full transfer project is to be closed by the end of March 2018.

This reshaping of Valmet's IT services will allow more resources to focus on developing digital capabilities that support the future development of the company. Valmet IT's focus will be shifted from running current services to developing new competences and services. A global IT platform will be created to ensure a harmonized way of working, and additional focus will also be put on more effective IT services and supplier management.

 "With these actions we will improve the performance and efficiency of our internal IT operations. Our IT resources will be able to increase focus on building the competences and ways to operate necessary for Valmet's future development. Transferring the IT infrastructure services, including service desk, after a thorough evaluation process to CGI is one of the key steps to enable this transformation," says Janne Puustinen, Vice President, Information Technology, Valmet.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work closely with our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

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

CGI is one of the largest IT and business process services providers in the world. Founded in 1976, it has some 70,000 professionals and hundreds of locations worldwide. CGI had a revenue of CAD 10.7 billion in 2016.

Published in European News

Valmet will supply an upgrade of the washing process area for Stora Enso's Heinola fluting mill in Finland with the TwinRoll Evolution wash press (TRPE). The upgrade will improve the Heinola's Neutral-Sulfite Semi-Chemical (NSSC) line washing, which will result in a better product quality and strengthened competitive position.  

valmet logoThe order was included in Valmet's first quarter 2017 orders received. The value of the order will not be disclosed. The installation is scheduled to start up during spring 2018.

"This will be the first fifth generation Valmet TwinRoll wash press delivery to Finland. The press will give more flexibility in production and ensure an improved washing of the NSSC pulp before the board machine, and in that way, improve the quality of the final product," says Lari Lammi, Senior Process Manager at Valmet.

"We want to improve the pulp washing efficiency with moderate washing water volumes. A TwinRoll Press showed to be a compact solution when the alternative washers were more in numbers or bigger in size. We are waiting the start-up with great interest to see the TwinRoll Press operation and washing efficiency," says Timo Riuttanen, Process Development Manager at StoraEnso Heinola mill.

Information about Valmet's delivery

The scope of delivery includes the Valmet Twinroll evolution wash press (TRPE) with basic engineering, training and site services as well as spare parts. The TRPE wash press features displacement washing and pressing to 30-32% consistency at 2.5-10% feed consistency. The TRPE wash press is ideal for applications where high washing efficiency and capacity are required.

Information about the customer Stora Enso and Heinola fluting mill

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Stora Enso group has some 25,000 employees in more than 35 countries, and is publicly listed on the Helsinki and Stockholm stock exchanges. The sales in 2016 were EUR 9.8 billion, with an operational EBIT of EUR 191 million.  

Heinola Fluting Mill produces semi-chemical (SC) fluting which is used as a raw material in the corrugated board industry. The SC fluting produced at Heinola mill in Finland has been developed especially for demanding circumstances and tough requirements.

There are approximately 230 employees at the Heinola Fluting Mill. The Mill is an integrated pulp and board mill, and the annual production capacity is 300 000 tons of fluting.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in European News

On Thursday May 4 Valmet Tissue Technology Center celebrated its thousandth external customer pilot trial in Karlstad, Sweden.  The very special occasion was celebrated together with the Tissue research cluster managed by RISE, who are conducting development work together with the Valmet R&D team.

2017 06 06 085617The thousandth customer tissue trial were celebrated by the whole Valmet and RISE team

Valmet's Tissue Technology Center has a long history of being a base for Valmet's tissue technology research and development, as well as for joint development with customers. Many of the world's leading tissue producers have utilized this unique resource to develop and verify their products and processes, during the years.

"We are proud to announce the historic milestone of 1,000 pilot trials together with customers. Counted in trial days this results in well above 3,000 days of pilot machine operations. All these days and all great cooperation with tissue and paper producers from all over the world, as well as partner suppliers to the tissue industry has given us tremendous knowledge, experience and insights in the tissue making process. We are excited to continue this journey together with our customers," says Karl-Johan Tolfsson, Manager of Valmet Tissue Technology Center.  

Valmet Tissue Technology Center is a unique resource for cultivating and realization of ideas, innovations and verifying new technologies. It plays a significant role in Valmet's own tissue technology development but it is also utilized by our partners and customers to improve their product quality and machine performance and find the best solution for their requirements.

2017 06 06 085640Eduardo Izquierdo, Director at FPC, part of the Tissue research cluster is checking the paper quality together with Karl-Johan Tolfsson, Manager of Valmet Tissue Technology Center

Valmet's own R&D centers and pilot machines form the backbone of the company's research and development work. Altogether, Valmet has 16 R&D centers and pilot facilities located in Finland, Sweden and Portugal.  Valmet's research and technology development work aims to ensure an advanced and competitive offering of technologies and services for current and future customers, enhance raw material efficiency, and promote the use of renewable raw materials.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in European News

Valmet has opened its new regional office in Mexico City to serve its customers. The opening ceremony of the office was held in February 2017. The inauguration event was held at the Residence of the Ambassador of Finland in Mexico

"Valmet has had business dealings with Mexico already for many years and this latest step is the proof of how interesting the Mexican market currently is", said the Finnish Ambassador Roy Eriksson in his speech.

2017 04 19 101407Kari Lindberg, Jukka Tiitinen, José Rivera, Dave King and Charles Farmer cutting the ribbon at the new Valmet office

Valmet is aiming to be close to its customers and growth markets, and opening an office in Mexico is a good example of getting closer to local customers. Last year Valmet opened new offices also in Chile and Vietnam. Besides this, Valmet will open a new services center in Indonesia this year. Valmet is aiming to provide significant customer benefits by utilizing our full offering of process technology, automation and services, and by continuously developing our local and remote services.

Valmet entered the Mexican market in 1954, when the first Valmet paper machine was commissioned. Today, substantial amount of all tissue and paper and packaging board in Mexico are produced by machines supplied by Valmet. Valmet's offering in Mexico also covers automation and services.

"We have worked diligently to earn the trust of our clients over these many years. What comes to the future of Valmet in Mexico, we feel there are many opportunities for us", stated Dave King, Area President, North America, Valmet.

Valmet currently has over 120 service centers, 88 sales offices, 34 production units and 16 R&D centers around the world. In addition, Valmet's experts are close to customers also with the help of Industrial Internet and remote connections.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Published in South American News
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