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Valmet to supply chemi-mechanical pulp and board production lines for Stora Enso's new mill in China


May 5, 2014 - London

Valmet Corporation's press release on May 5, 2014 at 11:15 a.m. EET

Image: Valmet liquid packaging board machine

Valmet will supply Stora Enso with a chemi-mechanical pulp (BCTMP) and a board production line for their new mill site in Beihai, Guangxi Province in China. The board machine will produce high-quality liquid packaging board and folding box board grades. The production lines are planned to be operational in early 2016.

The value of the order is around EUR 115 million. The order is included in Valmet's second quarter 2014 orders received.

"We are glad that Stora Enso trusted us in this project and that we were able to provide solutions for both pulp and board production. Liquid packaging board is process-wise one of the most demanding board grades to produce and it is a growing market," says Jari Vähäpesola, Paper Business Line President, Valmet.

Valmet's technology will enable the production of high quality liquid packaging board from eucalyptus

One of the end products of the new mill will be liquid packaging board. Liquid packaging board is used for protecting and preserving its contents. High level printing properties make paperboard cartons ideal for carriers and brand builders.

The Valmet-supplied BCTMP line will be built for a production of 650 tons per day of high quality pulp for liquid packaging board and folding box board.

Valmet's board machine delivery will include a multi-fourdinier forming section with hybrid forming unit, press, drying and coating sections, a surface sizing unit, a calender, a reel, two winders and a wide mill engineering package. The delivery will also include related air systems, chemical systems as well as stock preparation and auxiliary systems. The annual production capacity will be approximately 450,000 tons of board.

About Stora Enso

Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. Stora Enso employs some 29 000 people worldwide, and our sales in 2013 amounted to EUR 10.6 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

VALMET CORPORATION
Corporate Communications

Further information, please contact:
Jari Vähäpesola, President, Paper Business Line, tel. +358 10 672 5260
Stefan Mattsson, VP, Fiber Processing, Pulp and Energy Business Line, tel. +46 70 653 38 18

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
Valmet liquid packaging board machine



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valmet Corporation via Globenewswire

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GlobeNewswire

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