Valmet Corporation's press release on April 20, 2015 at 2:30 p.m. EET
Valmet will supply key technologies for extensive grade conversion for Kotkamills Oy in Finland. The target is to convert the existing printing paper (machine finished coated paper, MFC) production line to produce high-quality folding boxboard and barrier board grades. The start-up of the rebuilt machine is scheduled for the second quarter of 2016. The order is included in Valmet's second quarter 2015 orders received. Valmet delivery is a part of customer's total EUR 70 million equipment order.
"Kotkamills is very pleased to have the know-how of Valmet's advanced coating technologies available for the important rebuild project from magazine paper to innovative packaging boards," says Markku Hämäläinen, CEO of Kotkamills Oy.
Key technologies for grade conversion
"Valmet delivers key technologies for the grade conversion to enable cost efficient and flexible production of recyclable and sustainable packaging materials. Our advanced coating solutions are a good fit for this demanding project," says Petri Paukkunen, Vice President of Paper Mills Sales and Marketing from Valmet.
Valmet's delivery includes different kind of coating units, new center driven OptiReel as well as new OptiWin two-drum compact winder. The delivery also includes modernization of dryer section and calender as well as related automation-, air- and chemical systems. Automation delivery includes Valmet DNA machine and process control, condition monitoring and machine vision systems.
The 5970 mm-wide (wire) machine will produce folding boxboard (FBB) grades in the basis weight range of 150 - 500 g/m2. The production capacity of the machine will be approximately 400,000 tonnes per year and the design speed 750 m/min.
About the customer Kotkamills
Kotkamills specializes in laminating paper, matt coated bulky paper and sawn products. Kotkamills Oy is 100% owned by Eagle Industries Oy. Eagle Industries Oy is owned by MB Funds, Nordic Mezzanine, Elo Mutual Pension Insurance Company, Finnish Industry Investment and company management. MB Funds is the majority shareholder.
VALMET CORPORATION
Corporate Communications
For further information, please contact:
Petri Paukkunen, Vice President, Sales and Marketing, Paper Mills, Valmet, tel. +358 40 744 8182
Kari Sorsa, Sales Manager, Paper Mills, Valmet, tel. +358 40 580 3011
Information about Valmet's advanced coating solutions (http://www.valmet.com/en/products/paper_board.nsf/WebWID/WTB-130912-2256F-5EAD5?OpenDocument&mid=3175A679F564C3B2C2257C050036D92A)
Valmet Corporation is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.
Valmet's net sales in 2014 were approximately EUR 2.5 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 OMX Helsinki Ltd.
Read more www.valmet.com (http://www.valmet.com), www.twitter.com/valmetglobal (http://www.twitter.com/valmetglobal)
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
