Valmet and Saipem have signed a Memorandum of Understanding (MOU) to develop joint solutions to decarbonize the industrial sectors that face significant challenges in reducing their greenhouse gas emissions, also known as hard-to-abate industries. The companies will collaborate to offer effective solutions combining Saipem’s technologies for CO2 management with the heat recovery and flue gas treatment units engineered […]
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Valmet on December 21 entered into an agreement to acquire Demuth, a Brazilian company specializing in wood handling solutions for the pulp industry. This acquisition will strengthen Valmet’s wood handling technology offering and services presence in South America. The value of the acquisition will not be disclosed. The acquisition is subject to relevant competition authority […]
Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the tenth consecutive year. The company was listed in the Dow Jones Sustainability World and Europe indices. The Dow Jones Sustainability Index evaluates companies’ ESG (Environmental, Social, Governance) performance and the capability to improve continuously. Valmet scored high, especially in innovation management as […]
Valmet and Saipem have signed a Memorandum of Understanding (MOU) to develop joint solutions to decarbonize the industrial sectors that face significant challenges in reducing their greenhouse gas emissions, also known as hard-to-abate industries. The companies will collaborate to offer effective solutions combining Saipem’s technologies for CO2 management with the heat recovery and flue gas […]
Valmet is investing in state-of-the-art process equipment at its roll service center in Columbus, Mississippi, United States to broaden the scope of process covers being manufactured. The value of the new investment will not be disclosed. Main equipment installations and commissioning took place during the third quarter 2023 and the new process is currently fully […]
Valmet will supply Valmet DNA Distributed Control System (DCS) and Valmet IQ Quality Control System (QCS) with the latest web-based Valmet DNA User Interface to Union Paper Mills’ paper machine PM 2 in its Dubai facility, in the United Arab Emirates. Union Paper Mills selected Valmet’s automation systems based on a successful previous project conducted […]
DS Smith, a world leader in sustainable packaging solutions, recently unveiled a major investment to transform the paper mill’s energy supply at its site in Normandy, near Rouen. The project includes replacing the coal-fired boiler with a new biomass boiler that will reduce the site’s emissions by 99,000 tonnes of CO2 per year. The […]
Metsä Group and industrial maintenance service provider Quant Finland have agreed to halve the consumption of fossil hydraulic oil together in Metsä Group’s plywood and Kerto LVL mills by 2027 compared to 2022. Quant is Metsä Group’s maintenance service partner at its Kerto LVL and plywood mills located in Lohja, Punkaharju, Suolahti, Äänekoski and Pärnu. […]
Metsä Group and Valmet 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 […]
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 […]