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Valmet and Metsä Group to develop a joint sustainability model for industrial investment projects

Retrieved on:

Wednesday, November 1, 2023

Paper, Sustainability, ESG, Nasdaq Helsinki, SVP, Osakeyhtiö, Communication, Environment, Neles, Social responsibility, EET, Investment, Dow Jones, Marketing, Automation, Pulp and paper industry, Valmet

ESPOO, Finland, Nov. 1, 2023 /PRNewswire/ -- Valmet and Metsä Group are jointly developing a comprehensive operating model to ensure sustainability in technology and maintenance investments. The model will address various aspects of sustainability related to the environment, social responsibility and governance (ESG). It will be used to verify the sustainability of the process technology projects delivered by Valmet to Metsä Group and the related supply chains. Valmet and Metsä Group have set up a joint working group to develop and deploy the sustainability model. The goal is to adopt the model by 2027.

Key Points:

It will be used to verify the sustainability of the process technology projects delivered by Valmet to Metsä Group and the related supply chains.
Valmet and Metsä Group have set up a joint working group to develop and deploy the sustainability model.
Our cooperation with Metsä Group in developing a sustainability model for investments contributes to both companies' strong sustainability work and establishes tangible indicators for sustainability at different stages of investment," says Anu Salonsaari-Posti, Valmet's SVP, Marketing, Communications, Sustainability and Corporate Relations.
Valmet and Metsä Group are jointly developing a comprehensive operating model to ensure sustainability in technology and maintenance investments.

Valmet's Interim Review January 1 - September 30, 2023: Orders received amounted to EUR 980 million and Comparable EBITA increased to EUR 150 million in the third quarter

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Wednesday, October 25, 2023

Paper, Osakeyhtiö, Carbon, Order, Flow control, EBITA, Comparable, Senior, EUR, Investment, Fine chemical, Marketing, Retail, Management, Renewable energy, Valmet, Service, Automation, Neles

ESPOO, Finland, Oct. 25, 2023 /PRNewswire/ --

Key Points:

July–September 2023: Net sales remained at the previous year's level, Comparable EBITA margin increased
Orders received decreased in all three segments.
Orders received increased in China and North America, and decreased in Asia-Pacific, EMEA (Europe, Middle East and Africa) and South America.
Orders received increased in the Automation segment, remained at the previous year's level in the Services segment, and decreased in the Process Technologies segment.
Orders received increased in South America and North America, remained at the previous year's level in China and Asia-Pacific and decreased in EMEA.

Valmet has received a major order of multiple technologies from Liansheng Pulp & Paper in China

Retrieved on:

Wednesday, October 25, 2023

ESPOO, Finland, Oct. 25, 2023 /PRNewswire/ -- Valmet has received a major order from Liansheng Pulp & Paper (Zhangzhou) in Fujian Province in China covering multiple technology deliveries for the customer's Zhangpu site. Valmet will supply a coated board making line (BM 2) with related automation systems, bleached chemi-thermo mechanical pulp (BCTMP) technology and two small size tissue machines (TM 5 and TM 6). In addition, Valmet will supply four tissue machine headboxes for tissue machines TM 7, TM 8, TM 9 and TM 10 at the same site.

Key Points:

Valmet Oyj's press release on October 25, 2023 at 1:15 p.m. EEST
ESPOO, Finland, Oct. 25, 2023 /PRNewswire/ -- Valmet has received a major order from Liansheng Pulp & Paper (Zhangzhou) in Fujian Province in China covering multiple technology deliveries for the customer's Zhangpu site.
"Liansheng Pulp & Paper is deeply involved in environmental protection and recycling, taking the development of circular economy as our concept.
This is also the key factor why we chose to cooperate with Valmet again," says Chen Jiayu, Chairman of Liansheng Pulp & Paper.
Liansheng Pulp & Paper (Zhangzhou) Co., Ltd., established in 2020, is a large-scale forest-pulp-paper integrated pulp and paper enterprise.

Publishing of Valmet's Interim Review January - September 2023 on October 25, 2023

Retrieved on:

Wednesday, October 4, 2023

Neles, Webcast, Paper, Nasdaq Helsinki, Automation, News, EEST, ID, Mobile phone, Valmet

ESPOO, Finland, Oct. 4, 2023 /PRNewswire/ -- Valmet's Interim Review January – September 2023 will be published on Wednesday, October 25, 2023, at approximately 1:00 p.m. Finnish time (EEST).

Key Points:

ESPOO, Finland, Oct. 4, 2023 /PRNewswire/ -- Valmet's Interim Review January – September 2023 will be published on Wednesday, October 25, 2023, at approximately 1:00 p.m. Finnish time (EEST).
The stock exchange release and presentation material in English and in Finnish will be available at that time on Valmet's website at www.valmet.com/investors .
Valmet will arrange a news conference in English as a live webcast at https://valmet.videosync.fi/q3-2023 on Wednesday, October 25, 2023, at 2:00 p.m. Finnish time (EEST).
President and CEO Pasi Laine and CFO Katri Hokkanen will be presenting the results.

Valmet to supply key pulp and paper technologies to Naini Papers in India

Retrieved on:

Thursday, August 31, 2023

Plastic, Food court, Printing, Osakeyhtiö, Neles, Internet, EUR, BD, Nasdaq Helsinki, Kappa, Cooking, Engineering, Paper, EEST, Calcium carbonate, Automation, Pulp and paper industry, Pulp (paper), Valmet

ESPOO, Finland, Aug. 31, 2023 /PRNewswire/ -- Valmet will deliver key technologies, automation and services to Naini Papers' cooking and fiberline rebuild and new specialty paper machine PM 3 at their mill in Kashipur, India. The delivery will increase the mill's capacity and support meeting the market demand of specialty coated paper. The delivery is scheduled for the first quarter 2025.

Key Points:

"We have been successfully collaborating with Valmet in many projects, including pulp mills, and decided to choose them again for this rebuild expanding our pulp production capacity.
The paper produced by the PM 3 can replace plastics in packages," says Pawan Agarwal, Managing Director, Naini Papers Limited.
Naini Papers Limited, founded in 1995, is one of the few premier paper manufacturing companies in India.
Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries.

Change in Valmet's Executive Team

Retrieved on:

Tuesday, August 22, 2023

Partnership, Senior, Osakeyhtiö, Neles, Nasdaq Helsinki, HR, Paper, SVP, EEST, Automation, Pulp and paper industry, Valmet

ESPOO, Finland, Aug. 22, 2023 /PRNewswire/ -- Julia Macharey, Senior Vice President Human Resources and Operational Development of Valmet has decided to leave the company to move into a new position outside Valmet. Julia Macharey will continue as an active member of Valmet's Executive Team and lead Valmet's HR and Operational Development until the end of January 2024.

Key Points:

Julia Macharey will continue as an active member of Valmet's Executive Team and lead Valmet's HR and Operational Development until the end of January 2024.
I wish her all the best in her new challenges outside Valmet," says Pasi Laine, President and CEO, Valmet.
"Building Valmet together with my colleagues in the Executive Team and with all Valmet people has been an incredibly fulfilling journey.
The recruitment processes for a new head of HR and a new head of Operational Development will commence the soonest.

Valmet's Half Year Financial Review January 1 - June 30, 2023: Orders received amounted close to EUR 1.3 billion and Comparable EBITA increased to EUR 153 million in the second quarter

Retrieved on:

Wednesday, July 26, 2023

Comparable, Osakeyhtiö, EBITA, Flow control, EUR, Acquisition, Investment, Siemens, Paper, Fine chemical, Retail, Rail freight transport, Speciality chemicals, Public utility, Pharmaceutical industry, Service, Automation, Neles, Valmet

ESPOO, Finland, July 26, 2023 /PRNewswire/ --

Key Points:

Orders received increased in Asia-Pacific and South America, and decreased in EMEA (Europe, Middle East and Africa), North America and China.
Comparable EBITA increased in the Services and Automation segments and remained at the previous year's level in the Process Technologies segment.
Orders received increased in the Automation and Services segments and decreased in the Process Technologies segment.
Orders received increased in Asia-Pacific, South America and North America and decreased in China and EMEA.

Valmet strengthens its automation offering by acquiring the Process Gas Chromatography business of Siemens AG

Retrieved on:

Monday, July 17, 2023

ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.

Key Points:

ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.
The Process Gas Chromatography business of Siemens AG is a market leader with its Maxum II Gas Chromatograph platform, Systems Integration, and Customer Services offering.
The acquisition is in line with Valmet's strategy and will further strengthen Valmet's automation segment and process automation offering with process industry gas chromatograph and process analyzer systems offering.
"Siemens' Process Gas Chromatograph Maxum II products, systems and services offering complements well Valmet's existing automation offering, industry reach and expertise.

Publishing of Valmet's Half Year Financial Review January - June 2023 on July 26, 2023

Retrieved on:

Wednesday, July 12, 2023

Neles, Webcast, ID, Paper, Nasdaq Helsinki, Osakeyhtiö, Automation, News, EEST, Mobile phone, Valmet

ESPOO, Finland, July 12, 2023 /PRNewswire/ -- Valmet's Half Year Financial Review January – June 2023 will be published on Wednesday, July 26, 2023, at approximately 2:00 p.m. Finnish time (EEST). The stock exchange release and presentation material in English and in Finnish will be available at that time on Valmet's website at www.valmet.com/investors.

Key Points:

Valmet Oyj's press release on July 12, 2023 at 2:00 p.m. EEST
ESPOO, Finland, July 12, 2023 /PRNewswire/ -- Valmet's Half Year Financial Review January – June 2023 will be published on Wednesday, July 26, 2023, at approximately 2:00 p.m. Finnish time (EEST).
The stock exchange release and presentation material in English and in Finnish will be available at that time on Valmet's website at www.valmet.com/investors .
Valmet will arrange a news conference in English as a live webcast at https://valmet.videosync.fi/q2-2023 on Wednesday, July 26, 2023, at 3:00 p.m. Finnish time (EEST).
President and CEO Pasi Laine and CFO Katri Hokkanen will be presenting the results.

Valmet continues to invest in press felt production in Finland

Retrieved on:

Tuesday, May 2, 2023

Neles, Paper, Nasdaq Helsinki, Investment, Laboratory, Automation, Recycling, Kokko, Pulp and paper industry, Valmet

ESPOO, Finland, May 2, 2023 /PRNewswire/ -- Valmet has decided to further strengthen its press felt production capabilities in Tampere, Finland, by investing in a new weaving machine and a new heat-setting machine in addition to the ongoing press felt investment announced in August 2022 .

Key Points:

ESPOO, Finland, May 2, 2023 /PRNewswire/ -- Valmet has decided to further strengthen its press felt production capabilities in Tampere, Finland, by investing in a new weaving machine and a new heat-setting machine in addition to the ongoing press felt investment announced in August 2022 .
"The investments will safeguard our press felt production capacity for years to come and strengthen our position as one of the leading press felt suppliers globally.
"As the sustainability of the production is very important for us, we continue to emphasize the recycling of our production side streams.
These actions apply to the production of all our fabrics and technical textiles: forming and dryer fabrics, press felts, shoe press belts as well as filter fabrics and laundry felts," continues Kokko.