Valmet and Stora Enso Kvarnsveden sign multi-year consumables and roll service agreement

Valmet Corporation's press release on September 7, 2015 at 10:00 a.m. EET

Valmet and Stora Enso Kvarnsveden have signed a five-year (three plus two) agreement on the supply of paper machine and fiber line consumables including clothing, doctor blades, refiner segments, winder consumables and selected roll covers. The agreement also includes local roll maintenance operations next to Kvarnsveden's site at Borlänge. The agreement is valid as of July 1, 2015.

Technical support for maintenance and production is part of the agreement. The performance of consumables is optimized by taking advantage of remote analytics and the skills of Valmet's technology experts. In addition, Valmet will keep a ready stock of consumables for Kvarnsveden. This total cost of ownership agreement (TCO) is an exclusive agreement with a fixed monthly fee. The value of the agreement has not been disclosed.

Optimizing consumable performance and simplifying daily operations

The agreement provides a framework for long-term collaboration between Kvarnsveden and Valmet. The aim is to improve the efficiency of daily operations and decrease costs for both partners. Fixed monthly invoicing increases cost predictability.

"With our advanced services offering Valmet's goal is to continuously simplify our customers' daily operations, reduce the consumption of consumables and find cost efficient solutions. I am convinced that we will exceed Kvarnsveden's expectations of us," says Per Holm, Vice President, Sales, Scandinavia at Valmet.

Information about the customer Stora Enso and the Kvarnsveden Mill

Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. The company produces chemical pulp, paper and board, corrugated packaging and sawn wood products. The Kvarnsveden Mill produces improved newsprint and magazine paper on three paper machines. The production capacity is approximately 720,000 tons per year.

VALMET
Corporate Communications

Further information, please contact:
Per Holm, Vice President, Sales, Scandinavia, Valmet, tel. +46 705 17 13 88,

Peter Lindgren, Sales Manager, Consumable Solutions, Scandinavia, Valmet, tel. +46 54 17 11 38

Juha Ojala, Senior Manager, Concept Development, Services, Valmet, tel. +358 40 702 9117

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000 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 OMX Helsinki Ltd.