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STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 June 2023 at 15:00 EEST

2023 06 19 100311As announced by Stora Enso on 12 October 2021, it was included in the European Commission's inspection of the wood pulp sector and subject to inspections at its premises. Today, the European Commission has announced that after a thorough and careful assessment, it has decided to close its investigation.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
Tel. +46 70 210 7691  

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com/investors


STORA ENSO OYJ

Kastamonu Entegre Ağaç Sanayi ve Ticaret A.Ş. (KEAS) started up its new fiber preparation line for MDF (Medium Density Fiberboard) production at its mill in Balikesir, Türkiye. KEAS is the largest wood panel producer in Türkiye and now successfully operates three production lines supplied by ANDRITZ.

Hasan Akpinar, Global Investment and Projects Director of KEAS, says: “We have relied on ANDRITZ MDF technology and service for many years and are very satisfied with the results. Our new line from ANDRITZ is equipped with a pressurized refining system for low electricity and thermal energy consumption. This perfectly contributes to our sustainability strategy.

The new line has a capacity of 60 t/h and processes pine, beech and oak wood. Its centerpiece is the pressurized refining system, which includes a 24” plug screw feeder and a high-capacity S2070M refiner. The high dewatering efficiency of the plug screw feeder ahead of the high-pressure zone ensures low thermal and electrical energy consumption, which is one of the major benefits of the ANDRITZ pressurized refining system.

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ANDRITZ’s scope also included supply of a gravity-fed HQ-Chipper, a chip bin discharger and a digester, as well as supervision of mechanical installation and start-up.

KEAS, part of Hayat Holding, was established in 1969 and specializes in the production of wood-based panels for the furniture, interior decoration, and construction industries. It has more than six locations in Türkiye and several manufacturing plants worldwide.

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems, services and digital solutions for a wide range of industries and end markets. Sustainability is an integral part of the company’s business strategy and corporate culture. With its extensive portfolio of sustainable products and solutions, ANDRITZ aims to make the greatest possible contribution to a sustainable future and help its customers achieve their sustainability goals. ANDRITZ is a global market leader in all four of its business areas – Pulp & Paper, Metals, Hydro and Separation. Technological leadership and global presence are cornerstones of the group’s strategy, which is focused on long-term profitable growth. The publicly listed group has around 29,700 employees and over 280 locations in more than 40 countries.

ANDRITZ PULP & PAPER
ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board and tissue. The technologies and services focus on increased production efficiency, lower overall operating costs as well as innovative decarbonization strategies and autonomous plant operation.

The product portfolio also includes boilers for power generation, flue gas cleaning systems, various nonwoven technologies, and panelboard (MDF) production systems. With waste-to-value recycling, shredding and energy solutions, waste and by-product streams from production are converted into valuable secondary raw materials as well as into sustainable resources for energy generation. State-of-the-art IIoT technologies as part of Metris digitalization solutions complete the comprehensive product offering.

Valmet launches a new Valmet Optical Consistency Measurement model (Valmet OC2W), which has been developed for stock preparation’s short circulation applications in paper, tissue, and board machines. The cost-effective inline consistency measurement is especially suitable for wet end process monitoring.

Valmet OC2W utilizes the total consistency measurement method of the original Valmet Optical Consistency Measurement (Valmet OC) and comes with an added capability of ash content available as a second measured value. Particularly in low-consistency measurements, Valmet’s optical measurements are often the only possible technique to provide reliable results. Valmet OC2W can be easily installed with a measuring probe that enables insertion and removal without special tools or a process stop.

“The application specific models make Valmet Optical Consistency Measurement perform well in most pulp and paper applications. The new Valmet OC2W makes inline optical measurement available for wet end and adds a new option for wet end monitoring technology,” says Heikki Föhr, Product Manager, Valmet Optical Consistency Measurement, Automation Systems business line, Valmet.

Valmet OC2W has been developed for stock preparation’s short circulation applications in paper, tissue, and board machines.Valmet OC2W has been developed for stock preparation’s short circulation applications in paper, tissue, and board machines.

Technical information about Valmet Optical Consistency Measurement (Valmet OC2W)

Valmet OC2W is part of the Valmet Optical Consistency Measurement family, each optimized for use with different kinds of wood pulps and recycled textile fibers. Installed in an area of turbulent flow, the temperature and vibration resistant probes are self-cleaning even in the demanding process environments. Valmet OC2W has been developed to measure ash and total consistency (0-12%) in the challenging wet end environment. Sharing the same basic components and modules, Valmet OC has gained a deserved reputation for accuracy, reliability, and ease of installation.

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet’s net sales in 2022 were approximately EUR 5.1 billion. 

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.     

Follow us on valmet.com

DS Smith, a leading global manufacturer of sustainable containerboard and specialty papers, has commissioned Voith to rebuild its PM 4 at the company’s Viana site in Northern Portugal. Producing around of 400,000 tons of kraftliner and high-performance top kraftliner per year, the mill is a market leader in Southern Europe. The extensive rebuild will increase production and improve overall efficiency. Production will expand to around 428,000 tons per year with a machine design speed of 1,100 m/min. The start-up of the project is scheduled for the fourth quarter of 2023.

“We are happy to realize this project together with DS Smith. Our customized solutions will lead to the desired production capacity, efficiency and quality,” says Marcos Garcia de la Torre, Managing Director Voith Paper Spain. “DS Smith benefits from Voith’s expertise, state-of-the-art technology and outstanding project efforts. The commission confirms that we, as the full-line supplier to the paper industry, are the trusted partner for rebuilds.”

Voith logoThe rebuild scope includes modifications to the forming section to increase capacity and performance of the paper machine. The press section will be completely renewed, including installation of a Tandem NipcoFlex press that will significantly increase the dry content after press and reduce specific steam consumption.

The transfer between press and dryer sections will be modified with state-of-the-art web transfer and tail threading technology to provide the best runability for lightweight grades. In addition, smaller modifications and upgrades in the stock preparation and approach flow line are planned. Finally, the scope of delivery includes a comprehensive fabrics package for the PM 4 start-up and subsequent supply, as well as spare parts.

About DS Smith
DS Smith is a leading provider of sustainable fiber-based packaging worldwide, supported by recycling and papermaking operations. It plays a central role in the value chain across sectors including e-commerce, fast-moving consumer goods and industrials.

Through its purpose of “Redefining Packaging for a Changing World” and its Now and Next sustainability strategy, DS Smith is committed to leading the transition to the circular economy, while delivering more circular solutions for its customers and wider society – replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions. Its bespoke box-to-box in 14 days model, design capabilities and innovation strategy sit at the heart of this response.

Headquartered in London and a member of the FTSE 100, DS Smith operates in 34 countries employing around 30,000 people and is a Strategic Partner of the Ellen MacArthur Foundation. Its history can be traced back to the box-making businesses started in the 1940s by the Smith family. 

About the Voith Group
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of € 4.9 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.

The Group Division Voith Paper is part of the Voith Group. As the full-line supplier to the paper industry, it provides the largest range of technologies, services, and products on the market, and offers paper manufacturers integrated solutions from one source. The company’s continuous stream of innovations facilitates resource-conserving production and helps customers minimize their carbon footprint. With its comprehensive automation products and leading digitalization solutions from the Papermaking 4.0 portfolio, Voith offers its customers state-of-the-art digital technologies to improve plant availability and efficiency for all sections of the production process.

Stora Enso has completed the negotiations concerning the consolidation of its book paper production and the permanent closure of one of the two paper machines at the Anjalankoski site in Finland. The closure will take place during the fourth quarter of 2023.

In April 2023, Stora Enso announced a plan to permanently close one of the two paper machines and concentrate all book paper production to one line at the integrated Anjalankoski site due to the prevailing weak paper demand and high input costs.

The closure of the line producing uncoated mechanical grades will reduce the site’s annual capacity by 250,000 tonnes and sales with approximately EUR 100 million. The closure will take place during the fourth quarter of 2023 and affect 89 people, of whom 50 will be made redundant. The majority of these redundancies are managed through pension arrangements.

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“While it is very unfortunate that redundancies have to be made, we are pleased that the number of employees affected is significantly lower than anticipated. Stora Enso will continue to harness the Anjalankoski site’s synergies between board and paper production and with the remaining paper machine, the Group will be able to continue producing its selection of book paper grades,” says Hannu Kasurinen, EVP Packaging Materials division.

The integrated Anjalankoski site is reported under the Packaging Materials division since the beginning of 2023. The site includes the Ingerois packaging board production unit and the Anjala paper production unit, the latter of which was previously reported under the, now dissolved, Paper division.

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY).storaenso.com/investors

SCA is successfully utilizing Voith's digital and automation solutions with the aim of optimizing the production efficiency of its new XcelLine PM 2. Last year, the leading full-line supplier Voith successfully commissioned the paper machine at its Obbola site. The high-performance machine produces 725,000 tons of kraftliner annually with basis weights between 100 and 200 gsm and has a design speed of 1,400 meters per minute.

  • SCA uses digitalization and automation solutions from the Papermaking 4.0 portfolio of Voith and BTG across the entire paper machine
  • In addition, Voith works closely with SCA after installation as part of an Efficiency Partnership
  • Solutions lead to significant resource savings in paper production

“The journey for SCA and Voith together has only just begun,” says Gustaf Nygren, Mill Manager Obbola at SCA. “We have a long-term partnership in place with the target of reaching the common vision of PM 2 in Obbola becoming the new reference for safety, efficiency and digitalization.”

To achieve its goals, SCA is using more than 10 innovative digitalization and automation solutions across the entire paper machine from the Papermaking 4.0 portfolio of Voith and its subsidiary. For example, solutions from the OnEfficiency family help increase line efficiency and stabilize product and process quality. The increased efficiency also contributes to more sustainable and resource-saving paper production. SCA also uses applications from the OnCare family to monitor productivity and take optimization measures quickly.

Machine availability is further increased by digital services such as the OnCall.Video remote maintenance service. The Voith Paper Webshop enables fast ordering of spare and wear parts as well as services. The digital portfolio is made available on Voith’s IIoT dataPARC cloud platform, which is characterized by the highest security standards.

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“With the PM 2, we will take our next steps in the digitalization journey. The applications provided by Voith will help us to monitor the process and make the right decisions,” confirms Niclas Ahnmark, Paper Mill Manager at SCA.

SCA has also signed a long-term service agreement with Voith subsidiary BTG for process control. BTG's Lifecycle program ensures optimal consistency accuracy and control by providing preventive maintenance services for the entire consistency sensors install base, including regular calibration and routine checks. BTG Field Service Engineers assist in the planning, implementation and coordination of the various maintenance services, maximizing machine uptime and stability while maintaining SCA's high safety standards.

The collaboration with SCA is long-term and is particularly evident through the Efficiency Partnership. Throughout the process, the teams work closely together to ensure that the solutions are used optimally. Stephan Sicking, Vice President Sales FRS EMEA at Voith Paper, explains, "As part of a digitalization roadmap, we have defined common goals and KPIs in a cross-functional team, developed a customized concept and are now providing support for successive installation and employee training. Already, the benefits from this collaborative approach are clearly demonstrated." Learn more on our Voith website: Containerboard mill Obbola PM 2 | Voith

About SCA
The core of SCA’s business is the growing forest, Europe’s largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others’ forests. We offer packaging paper, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2022 the forest products company SCA had approximately 3,300 employees and sales amounted to approximately SEK 21 bn. SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at http://www.sca.com.

About Voith Paper 
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of € 4.9 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.

The Group Division Voith Paper is part of the Voith Group. As the full-line supplier to the paper industry, it provides the largest range of technologies, services and products on the market and offers paper manufacturers holistic solutions from one source. The company’s continuous stream of innovations facilitates resource-conserving production and helps customers minimize their carbon footprint. With its leading automation products and digitalization solutions from the Papermaking 4.0 portfolio, Voith offers its customers state-of-the-art digital technologies to improve plant availability and efficiency for all sections of the production process.

Valmet has developed Valmet Brown Stock Analyzer to complement its online pulp quality analyzer family. The analyzer provides high analysis frequency for digester and brown stock washing control in kraft pulping. It is the most robust Kappa measurement for high yield and brown pulp, designed to measure the coarsest pulp starting from cooking blow line.

2023 06 07 103500“This is the only analyzer in the market with dual sampling points for blow line Kappa, before and after refining. Accurate and frequent Kappa profile ensures superior process control and enables the mill to optimize cooking parameters, resulting in better yield and pulp quality,” says Timo Laurila, Business Manager, Pulp and Energy Analyzers, Automation Systems, Valmet.

Technical information about Valmet Brown Stock Analyzer

Valmet Brown Stock Analyzer utilizes a well-proven sampling technology to extract a pulp sample and transport it to the analysis unit, where the dissolved lignin is thoroughly washed, and pulp Kappa number analyzed by an advanced optical measurement technology. The Kappa measurement range is 9–120.

The pulp sample handling principle minimizes water consumption, ensuring effective opera­tion even with high shive content pulps. A low number of moving and wearing parts minimizes the need for maintenance.

The user-friendly analyzer design keeps operators away from the harsh process environment, ensuring that laboratory sampling is carried out in a convenient and safe loca­tion with the automated built-in laboratory collector. Only the process sampling device is connected to the pressurized pulp process.

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet’s net sales in 2022 were approximately EUR 5.1 billion. 

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.     

Follow us on valmet.com 

Sinaatec, a new major player in the Algerian nonwoven industry, relied on A.Celli E-WIND® and R-WAY® end-of-line solutions for its two new Reifenhauser Reicofil Meltblown and Composite Bico RF5 lines.

The two 3.20 m wide lines, installed in Sinaatec’s Algiers plant, aim to create new prospects for the medical and hygiene sectors in the North and Central African markets.

The A.Celli scope of supply for the RF5 Composite Bico line includes:

  • E-WIND® AC ZERO master roll winder
  • Fully automatic COMBI master roll handling system
  • Two E-WIND® SUPER SONIC, both equipped with the SLITTOMATIC automatic knives positioning and the COREMATIC system for automatic shaft handling and core cutting
  • A fully automatic R-WAY® SLITTOPACK packaging system

The line start up is scheduled for the last quarter of 2023.

From left to right: Nicoletta Bertuccelli (A.Celli Nonwovens), Martina Wiedensohler (Reifenhauser Reicofil), Francesco Vergentini (A.Celli Nonwovens), Mohamed Lamine Bouchelouche (Sinaatec), Aougaci Sadek (Sinaatec), Oudjoudi Larbi (Sinaatec), Frank Stehling (Reifenhauser Reicofil), Riccardo Paladini (A.Celli Nonwovens)From left to right: Nicoletta Bertuccelli (A.Celli Nonwovens), Martina Wiedensohler (Reifenhauser Reicofil), Francesco Vergentini (A.Celli Nonwovens), Mohamed Lamine Bouchelouche (Sinaatec), Aougaci Sadek (Sinaatec), Oudjoudi Larbi (Sinaatec), Frank Stehling (Reifenhauser Reicofil), Riccardo Paladini (A.Celli Nonwovens)

The meltblown line, which includes an A.Celli E-WIND® STREAM IN-LINE slitting winder, is already operational since October 2022.

“It was a pleasure to share these pleasant moments with the A. Celli staff and our friends from Reicofil. This synergy can only be beneficial for our big project!” said Mr. Mohamed Lamine Boucelouche, Sinaatec CEO, after the recent visit to our headquarters to inspect the winding, slitting and packaging equipment before the delivery.

reifenhauser reicofil – COMPANY PROFILE

Reifenhauser Reicofil is a leading global manufacturer of complete meltblown, spunbond and composite lines for the hygiene, medicine and filtration industries. Reicofil is one of the business units of Reifenhauser Group, a 100% family-owned company founded in 1911.

SINAATEC – COMPANY PROFILE

Sinaatec (Société Industrielle Algérienne pour les Applications Techniques) is a wholly owned subsidiary of the MADAR HOLDING Group. The company, established in 2017 and based in Algiers, is active in the manufacture of products derived from polymers and in the chemical, metal and glass industries. 

Alfa Laval is unveiling two new hygienic valves, the Alfa Laval Unique Mixproof CIP and Unique Mixproof Process, extending its hygienic double-seat valve range to meet market demands. With the introduction of these two innovative mixproof valves, manufacturers concerned about product integrity now have a cost-effective way to enhance product safety while boosting process efficiency and sustainability.

Proven performance, refined for purpose
These two newcomers are built on proven performance, yet refined for purpose. The Unique Mixproof CIP is a double-seat valve that safely and efficiently manages the flow of cleaning media during cleaning-in-place (CIP). The Unique Mixproof Process, a compact version of proven Alfa Laval double-seat valves, is configurable and available in various sizes to meet manufacturers’ fundamental hygienic processing requirements. Both are capable of simultaneously routing two different fluids without the risk of cross-contamination, thereby contributing to more uptime and reduced total cost of ownership.

2023 06 01 102130“These new Unique Mixproof valves deliver product safety, process flexibility, straightforward maintenance, and opportunities for water and CIP media savings,” says Anders M. Lyhne, Product Portfolio Manager, Alfa Laval.

Reliable, cost-effective product protection
Manufacturers can rely on the Unique Mixproof CIP and Unique Mixproof Process for cost-effective product safety. Alfa Laval double seat technology with seat lift keeps the fluids separated, ensuring efficient cleaning and complete protection against the intrusion of harmful microorganisms. With a fully balanced design, the valves can easily handle high pressure without the risk of pressure shocks. Moreover, they are certified according to FDA, 3A and other recognized standards.

Greater process flexibility
Enhance the reliability and flexibility of manufacturing process setups with proven valve technology that matches specific production requirements. Like the entire Alfa Laval Unique Mixproof range, the Unique Mixproof CIP and Unique Mixproof Process valves are compact and modular, offering greater process flexibility. Modular in design and available in types and sizes that suit different applications, the Unique Mixproof CIP and Unique Mixproof Process valves help manufacturers adapt to changing process requirements. Using these valves in combination with the Alfa Laval ThinkTop control units offers even greater process flexibility and control.

Simplified service
Built on the Alfa Laval Unique SSV and Mixproof platforms, these hygienic top-loaded double-seat valves minimize the risk of unplanned downtime while spending as little time and resources as possible on routine maintenance. Proven seal technology with defined compression extends the intervals between service, while a maintenance-free actuator with no adjustable components maximizes uptime and minimizes the total cost of ownership.

Enhanced sustainability
Combined with Alfa Laval ThinkTop, these new Unique Mixproof valves eliminate unnecessary product loss while delivering up to 90% savings in water and CIP media . The reduced use of CIP fluids contributes to a lower total cost of ownership while minimizing the environmental impact in the process industries. Good for people, good for business, and good for the planet.

To learn more, visit www.alfalaval.com/UniqueMixproof/news

This is Alfa Laval

Alfa Laval is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress – always going the extra mile to support customers in achieving their business goals and sustainability targets.

Alfa Laval’s innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It’s all about Advancing betterTM.

Alfa Laval has 16,700 employees. Annual sales in 2020 were SEK 41.5 billion (approx. EUR 4 billion). The company is listed on Nasdaq OMX.

www.alfalaval.com

Valmet will deliver key pulp mill technology to Shandong Huatai Paper’s new pulp mill in the Shandong province in China. Valmet’s delivery includes cooking and fiberline, a recovery boiler, a lime kiln and a lime mud filter. The new pulp mill will produce 700,000 tonnes per year and is scheduled to start up at the end of 2024.

The order is included in Valmet’s orders received of the second quarter 2023. The value of the order will not be disclosed.

“Technology brings industrial revolution, and low carbon creates green benefits. Shandong Province has put forward very high requirements in terms of emission standards. Valmet is one of the few suppliers that can offer equipment that emits below stringent standards. Based on the long-term and mutually beneficial cooperation with Valmet, we firmly believe that Valmet's technology and services can bring our benefits to a higher level,” says Changgeng Sun, Vice General Manager, Shandong Huatai Paper.

“This delivery proves our technology leadership and how we can tailor the best solutions for our customers, combining our process technology, automation and industrial internet offering. The mill is scheduled to start in less than two years. By combining our strong local presence in China with excellent global engineering and technology teams, we are able to deliver this project successfully even with the tight project schedule,” says Sami Riekkola, Business Line President, Pulp and Energy, Valmet.

Valmet will deliver key technology for Shandong Huatai Paper’s new pulp mill in the Shandong province in China.Valmet will deliver key technology for Shandong Huatai Paper’s new pulp mill in the Shandong province in China.

“We are very happy to continue our excellent cooperation with Huatai Group in this strategic investment. In addition to previous pulp, paper, and automation technology deliveries, we also have extensive services cooperation with the customer. In this project, our Chinese teams will play a key role in engineering, procurement, project management and offering site services to the customer,” says Xiangdong Zhu, Area President, China, Valmet.  

Technical information about the delivery

Valmet’s cooking and fiberline delivery includes continuous cooking technology for hard wood and core technology for washing and bleaching. The delivery for the recovery island includes a high-power recovery boiler, a lime kiln and lime mud handling. The recovery boiler delivery also includes a training simulator. All the processes will include connectivity to enable Valmet Industrial Internet services. 

About the customer Shandong Huatai Paper and Huatai Group

Shandong Huatai Paper Co., Ltd is part of the Huatai Group, a company listed on the Shanghai Stock Exchange. The Group is one of the global leaders in the paper and chemicals production sectors with a production of about three million tons of paper and board and two million tons of chemicals per year.

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet’s net sales in 2022 were approximately EUR 5.1 billion.

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.    

Follow us on valmet.com

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