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NOVODVINSK, Russia , April 5, 2019 (Press Release) -The main equipment of board machine-2 (BM-2) has been installed at Board Production Plant of Arkhangelsk PPM JSC. All parts of modularities of a new machine manufactured by Valmet Technologies Inc. are assembled.
Now the installation of communication lines is in progress for main and auxiliary machine parts.
The BM-2 rebuilt works are being performed day and night.
There are 12 specialists from Valmet at site. Close upon 400 workers from contractor companies, as well as employees of APPM are involved in this work.
Read moreESPOO, Finland, March 28, 2019 (Press Release) -Valmet will supply an Advantage DCT 100TS tissue production machine to Papel San Francisco in Mexico. The new machine will be installed at the company's mill in Mexicali and the start-up is planned for the third quarter of 2020.
The order is included in Valmet's first quarter 2019 orders received. The value of the order is not disclosed.
Read moreESPOO, Finland, March 19, 2019 (Press Release) -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.
Read moreESPOO, Finland, March 19, 2019 (Press Release) -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.
Read moreValmet has on February 26, 2019 entered into an agreement to acquire North American-based GL&V, a global provider of technologies and services to the pulp and paper industry. The enterprise value of the acquisition is approximately EUR 113 million on a cash and debt free basis subject to ordinary post-closing adjustments. The acquisition is estimated to be completed at the earliest on April 1, 2019.
Read moreESPOO, Finland, Feb. 25, 2019 (Press Release) -Valmet and Uni Viridas have signed a ten-year operation and maintenance agreement for the biomass power plant in Babina Greda, Croatia. The order is included in Valmet's first quarter of 2019 orders received. The value of the order will not be disclosed.
The cooperation of the companies started in 2011, and in 2015 Valmet began to operate and maintain the biomass power plant on behalf of the customer.
Read moreESPOO, Finland, Feb. 21, 2019 (Press Release) -Valmet has received an order for a new wood handling line from Metsä Group's Joutseno pulp mill. The expansion works are starting this year and will be completed during spring 2020. Metsä Group's investment will make it possible to process larger amounts of fiber wood.
The order is included in Valmet's first quarter of 2019 orders received. The value of the order is around EUR 10-15 million.
Read moreESPOO, Finland, Feb. 18, 2019 (Press Release) -Valmet will supply a grade conversion rebuild with automation solutions for Shangrao City Lulin Paper Co., Ltd. in Shangrao, China. The main goal of the customer is to increase the capacity of fluting grades and expand the company by building a new greenfield mill. The start-up of relocated and converted paper machine PM 5 is scheduled for early 2020.
Read more“Arkhangelsk PPM”, JSC continues the second key project of 2019 - “Construction of a new evaporation station” within the framework of the forest exploitation project “Board production rebuilt”.
