Valmet to supply a biomass power plant and an auto

Valmet Oyj's press release on June 30, 2017 at 11:00 a.m. EET

Valmet will supply a biomass power plant to DONG Energy's Asnaes Power Station located in Kalundborg, Denmark. By converting its electricity and heat production from coal to sustainable biomass at the Asnaes Power Station, DONG will take an important step in reducing its CO ₂ emissions.

The order is included in Valmet's second quarter 2017 orders received. The value of the order is approximately EUR 80 million. The plant is scheduled to be in commercial operation in late 2019.

"Valmet is very pleased to be part of Denmark's decarbonization program and selected technology partner for DONG Energy. DONG Energy has taken exemplary steps in converting its old coal fired power plants to modern, more sustainable power plants which are 100% powered by renewable fuels," states Kai Mäenpää, Vice President , Energy Sales and Services Operations, Valmet.

Details about Valmet's delivery

Valmet's delivery consists of a 140 MW _th biomass-fired HYBEX power boiler plant featuring bubbling fluidized bed (BFB) technology. The parameters for the boiler are 50 kg/s, 100 bar and 540°C. Valmet DNA automation system covers the whole plant and includes also information management and safety related systems.

The delivery includes also flue gas treatment consisting of a baghouse filter, combustion air humidification, flue gas condensing, condensate treatment and a stack. Additionally, Valmet will supply associated equipment, complete power plant buildings above the ground as well as complete electrification and instrumentation.

Illustration

Information about the customer DONG Energy

Headquartered in Denmark, DONG Energy is one of Northern Europe's leading energy groups. It develops, constructs and operates offshore wind farms, generates power and heat from its power stations as well as supplies and trades in energy to wholesale, business and residential customers. The group has approximately 5,800 employees and in 2016 generated revenue of DKK 61 billion (EUR 8.2 billion).

VALMET Corporate Communications

For further information, please contact: Kai Mäenpää, Vice President, Energy Sales and Services Operations, EMEA, Valmet, tel. +358 10 676 2410 Olli Koivumäki, Sales Director, Automation, Valmet, tel. +358 10 676 1225

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.

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

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...236857205e