Valmet to supply two containerboard machines for N

Valmet Oyj's press release on March 8, 2017 at 11:00 a.m. EET

Valmet will supply two containerboard production lines and related automation systems for Nine Dragons Industries Co., Ltd. in China. The new production lines (PM 39 in Quanzhou and PM 40 in Chongqing) are planned to produce high-quality testliner and fluting grades out of 100 percent recycled raw materials. The start-ups of the machines are scheduled for 2018.

The order was included in Valmet's fourth quarter of 2016 orders received. The value of the order will not be disclosed. The value of an order of this type and scale is typically valued around EUR 110-130 million.

"The order is a continuation of the long and good cooperation between Nine Dragons and Valmet. We have done business together for many years. In a project of this magnitude, the customer needs to have a reliable partner to ensure fast start-up and good capabilities for continuous services and production support", says Jari Vähäpesola , President of Paper Business Line, Valmet.

"The modern industrial design of the board machines proved to be important decision making criteria as well. The delivery will include led lighting and video screens located at the both ends of the machine. In addition to increasing safety and usability , they have a positive effect on the customer's brand. The board machines are also very energy and resource efficient and suitable for high-speed production", comments Senior Sales Manager Pekka Turtinen from Valmet.

Led lighting and video screens increase safety and usability and have a positive effect on the customer's brand

Technical details about the delivery

Valmet's delivery for the both board machines will include pulpers for stock preparation , two OptiFlo Fourdrinier headboxes to ensure higher productivity, OptiFormer Multi forming section, a center-roll based OptiPress press section, a dryer section with OptiAir high humidity hood combining systems for ventilation, runnability and heat recovery, OptiSizer Combi , a sizer with film and pond application, coating air dryers , OptiCalender Hard nip calender, OptiReel Center driven linear reel and OptiWin Drum two-drum base winder. The delivery includes also process ventilation equipment for the board machine and Valmet DNA machine control system.

With OptiReel center driven linear reel, the parent reel is moved and built up on solid rails. This new technology increases productivity and improves safety and usability. OptiWin Drum two-drum base winder has a high capacity to meet the production needs and it is also easy to operate. The winder is equipped with Dual Unwind enabling the parent roll change in only one minute. PM 39 and PM 40 will produce testliner and fluting grades with a basis weight range of 75 - 140 g/m ² .

About the customer Nine Dragons

Founded in 1995, Nine Dragons Paper Group is the world's largest in recovered paper based paper manufacturing in terms of production capacity. The company and its subsidiaries produce linerboard, high performance corrugating medium and coated duplex board. The group's paper machines in China are located in a number of locations. The group produces printing and writing paper in Dongguan and Taicang and packaging paperboard and specialty paper in Leshan, Sichuan Province. The group has also acquired 100% control equity interest in Hebei Yongxin Paper Co., Ltd.

VALMET Corporate Communications

For further information, please contact:

Jari Vähäpesola, President, Paper Business Line, Valmet, tel. +358 10 672 5260 Pekka Turtinen, Senior Sales Manager, Paper Mills, Valmet, tel. +358 40 770 7649

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.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...18d82048c2