ESPOO, Finland, Oct. 28, 2020 (Press Release) -Valmet has decided to invest in filter fabric manufacturing in Pune, India in order to better serve its customers and improve delivery times of filter fabrics to the Asia Pacific and Middle East areas.
The investment includes manufacturing equipment for filter fabric production. The new unit will start operation in the second quarter of 2021.
“This investment gives us the necessary assets to further develop our services close to customers and strengthen our position in the market. It also ensures our capacity for the coming years to deliver filter fabrics that respond to customer needs for maximized reliability and optimized performance of their production process,” says Tero Kokko, Vice President, Fabrics Business Unit, Valmet.
Valmet is one of the leading suppliers of filter fabrics and industrial textiles globally. Valmet’s filtration offering covers filter fabrics and felts for the mining and chemical, pulp and paper, dry filtration and laundry industries.
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 2019 were approximately EUR 3.5 billion. Our more than 13,000 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.