Valmet to supply the new machine for folding boxboard production at Metsä Board's Husum mill in Sweden

Valmet Corporation's press release on December 15, 2014 at 1:00 p.m. EET

Metsä Board Corporation has selected Valmet as the supplier for its new folding boxboard production line at Husum mill, Sweden. The new machine will produce high-quality folding boxboard with an annual capacity of 400,000 tons. The start-up of the machine is scheduled for the beginning of 2016.

The order is included in Valmet's fourth quarter 2014 orders received. The value of this size of an order is typically around EUR 60-70 million and it is part of Metsä Board's EUR 170 million investment in the mill.

"We selected Valmet as the technology provider for this strategic project because of their advanced and competitive solutions for high-quality folding boxboard production and our long history of working with Valmet," says Mika Joukio, CEO of Metsä Board.

"This important order from Metsä Board is a good continuation for the active order year for Valmet. I am delighted that Metsä Board trusted us on this significant strategic project. It is a strong token of the competitiveness of our new OptiConcept M paper and board machine concept. The order has an important employment impact for us especially in Jyväskylä, Finland," says Pasi Laine, the President and CEO of Valmet.

Technical information of Valmet's delivery

Valmet's delivery includes a wet end of the latest OptiConcept M design with headboxes, forming section and press section, as well as a rebuild of the off-machine coater, winder and the roll wrapping line. The wet end area of the machine features innovative OptiConcept M frame construction without the need for cantilever beams for fabric changes. The fabric changes will be carried out by means of fabric insertion units, which Valmet has sold 120 units globally so far.

"The wet end area introduces newest design which also adds safety and machine usability. The winder will be rebuilt with our unique dual unwind station for maximum capacity," summarizes Mikko Tani, Area Vice President, Sales and Marketing, Valmet.

The 6660 mm-wide (trim) machine, BM 1, will produce folding boxboard (FBB) grades in the basis weight range of 180-350 g/m2 at a design speed of 1000m/min.

About Metsä Board

Metsä Board is Europe's leading producer of folding boxboard and the world's leading manufacturer of coated white-top fresh forest fibre linerboards. It offers premium solutions for consumer and retail packaging. The company's sales network serves mainly brand owners, carton printers, corrugated packaging manufacturers, printers and merchants. Metsä Board is part of Metsä Group and its shares are listed on the NASDAQ OMX Helsinki. In 2013, the company's sales totalled approximately EUR 2.0 billion. The company has approximately 3,100 employees.

VALMET CORPORATION
Corporate Communications

For further information, please contact:

Jari Vähäpesola President, Paper Business Line, Valmet, tel. +358 10 672 5260
Mikko Tani, Area Vice President, Sales and Marketing, Valmet, tel. +358 40 518 0567

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.