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GlobeNewswire (Europe)
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Valmet to supply a containerboard line for GS Paperboard & Packaging in Malaysia

Valmet Oyj's press release on March 19, 2019 at 11:00 a.m. EET

Valmet will supply OptiConcept M containerboard making line with automation solutions and a winder for GS Paperboard & Packaging (GSPP) Sdn., Bhd. in Selangor, Malaysia. With the new production line PM 3, GSPP will produce high-quality testliner and fluting grades as well as strengthen its position in the Malaysian market. The start-up of PM 3 is scheduled for 2021.

The order is included in Valmet's first quarter of 2019 orders received. The value of the order will not be disclosed. The total value of order of this type is typically around EUR 60-70 million.

"We have built a strong and long-lasting relationship with Valmet, which set a very good base for the negotiations. Valmet's excellent references were another important cornerstone. OptiConcept M boardmaking lines stand out with their energy- and resource-efficient processes and high-speed production. We are convinced with Valmet's technology, which is reliable throughout the whole boardmaking line," says Sia Boon Soon, President of GS Paperboard & Packaging.

"The customer had a clear idea about the machine concept from the very beginning. Thanks to our close cooperation and interactive discussions with the PM3 project team, we were able to find together a solution that fits well for the customer's needs," says Timo Puijola, Senior Sales Manager, Valmet.

Technical details about the delivery

Valmet's delivery will include equipment for stock preparation system with broke and approach flow systems. The delivery for the new high-capacity containerboard machine will include an OptiConcept M (https://www.valmet.com/board-and-paper/board-and-paper-machines/new-lines/opticoncept-m/) containerboard machine, which is already the 26th OptiConcept M line sold globally. The delivery consists of a complete machine from headbox to reel followed by an OptiWin Drum (https://www.valmet.com/board-and-paper/board-and-paper-machines/winders-and-roll-handling/winding/two-drum-winders/) two-drum winder with transfer rails. The delivery will also include an OptiAir Hood (https://www.valmet.com/board-and-paper/board-and-paper-machines/process-ventilation/high-humidity-hood/) high humidity hood, OptiAir Recovery (https://www.valmet.com/board-and-paper/board-and-paper-machines/process-ventilation/heat-recovery/) heat recovery with other related air and ventilation systems, a surface starch preparation system and supply system for sizer as well as Valmet Paper Machine Clothing (https://www.valmet.com/board-and-paper/services-for-board-and-paper/consumables/paper-machine-clothing/) package for start-up. The automation delivery includes Valmet DNA (https://www.valmet.com/automation-solutions/valmet-dna-dcs/) Automation System for process and machine controls and Valmet IQ (https://www.valmet.com/board-and-paper/automation-for-board-and-paper/quality-management-solutions-for-board-and-paper/valmet-iq-for-containerboard/) Quality Management Solution.

The 7,250-mm wide (wire) containerboard machine will produce fluting and testliner grades with a design basis weight range of 70-180 g/m2. The design speed of the machine will be 1,200 m/min and the design daily capacity 1,445 tonnes.

About the customer GS Paperboard & Packaging

GS Paperboard & Packaging Group Sdn., Bhd. (GSPP) is the largest containerboard and integrated paper and packaging manufacturer in Malaysia with 2 paper machines and 18 converting machines. It operates as a subsidiary of Oji Holdings Corporation, which is Asia's biggest and the world's fourth largest pulp and paper company.

VALMET
Corporate Communications

For further information, please contact:
Jari Vähäpesola, President, Paper Business Line, Valmet, tel. +358 40 558 6555
Jukka Tiitinen, Area President, Asia Pacific, Valmet, tel. +66 (80) 7575433

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 2018 were approximately EUR 3.3 billion. Our more than 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 (https://www.valmet.com/), www.twitter.com/valmetglobal (https://www.twitter.com/valmetglobal)

Processing of personal data (https://www.valmet.com/content_folder/processing-of-personal-data/)




This announcement is distributed by West Corporation on behalf of West Corporation 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 via Globenewswire

© 2019 GlobeNewswire (Europe)
Solarbranche vor dem Mega-Comeback?
Lange galten Solaraktien als Liebling der Börse, dann kam der herbe Absturz: Zinsschock, Überkapazitäten aus China und ein Preisverfall, der selbst Marktführer wie SMA Solar, Enphase Energy oder SolarEdge massiv unter Druck setzte. Viele Anleger haben der Branche längst den Rücken gekehrt.

Doch genau das könnte jetzt die Chance sein!
Die Kombination aus KI-Explosion und Energiewende bringt die Branche zurück ins Rampenlicht:
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  • Moderne Module liefern Wirkungsgrade wie Atomkraftwerke
  • hina bremst Preisdumping & pusht massiv den Ausbau
Gleichzeitig locken viele Solar-Aktien mit historischen Tiefstständen und massiven Short-Quoten, ein perfekter Nährboden für Kursrebound und Squeeze-Rally.

In unserem exklusiven Gratis-Report zeigen wir dir, welche 4 Solar-Aktien besonders vom Comeback profitieren dürften und warum jetzt der perfekte Zeitpunkt für einen Einstieg sein könnte.

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Dieses Angebot gilt nur für kurze Zeit – also nicht zögern, jetzt sichern!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.