Fatal accident at Valmet's project site in Sweden

Valmet Corporation's press release on June 3, 2016 at 1:00 p.m. EET

On Thursday, June 2, 2016 a serious workplace accident occurred in Valmet's installation activities in the pulp mill expansion project at Södra Cell's Värö mill in Sweden. An employee of Valmet's subcontractor was seriously injured in a lifting operation and later died in hospital whilst receiving treatment for injuries sustained during the accident.

"Our thoughts are with the deceased's family and colleagues. We have informed the personnel working with the project on site and are giving them the needed support. Valmet is committed to protecting the health, safety and environment (HSE) of our people, customers, partners and the communities where we operate. Everyone has the right to a safe work environment. Investigation of the accident has been started and corrective actions will be implemented to continuously improve our processes and routines to ensure safety," says Stefan Mattsson from Valmet.

Valmet has initiated an incident investigation, in co-operation with the customer and contractor. The incident is also under investigation by the police and the Swedish Work Environment Authority.

VALMET
Corporate Communications

For further information, please contact:
Stefan Mattsson, Vice President, Fiber Processing Business Unit, Valmet, tel. +46 70 653 38 18

Bertel Karlstedt, President, Pulp and Energy, Valmet, tel. +358 10 676 3026

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2015 were approximately EUR 2.9 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 Helsinki.