Valmet to invest in a new services center in Asia-Pacific

Valmet Corporation's press release on December 18, 2014 at 12:00 p.m. EET

Valmet has decided to build a new services center in Indonesia, which is one of the key markets in Asia-Pacific for Valmet's products and services. The new service center will be located in the Jakarta area on the island of Java, and it will be fully operational at the beginning of 2017.

"We see good opportunities for services growth in the Asia-Pacific area. After the investment, we'll be able to provide our Asia-Pacific pulp, paper and energy customers with a much wider services offering. Our offering will expand to include roll services, boiler services, fiber workshop services, mill improvement solutions, paper machine clothing, and filter fabrics," says Jukka Tiitinen, Business Line President, Services at Valmet.

Strengthening local presence

"This investment supports Valmet's activities in the area to a great extent. We are present close to where our customers operate. We deliver environmentally sound technologies and services and promote sustainable development in every way. Customers' performance improvements and competitiveness are key issues for us," points out Hannu T. Pietilä, Area President, Asia-Pacific at Valmet.

The center will serve Valmet's pulp, paper and energy customers throughout the Asia-Pacific area. Valmet has a large installed base in the area, providing a good platform for services to grow.

Today, Valmet operates Asia-Pacific service centers in Thailand, South Korea and Australia.

"The new service center in Indonesia will bring us significantly closer to the customers in the area," concludes Tiitinen.

VALMET CORPORATION
Corporate communications

For more information, please contact:

Jukka Tiitinen, Business Line President, Services, Valmet, tel. +1 404 433 0937

Hannu T. Pietilä, Area President, Asia-Pacific, Valmet, tel. +66 81 862 1122

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.