Valmet enters into a strategic partnership for power and process industry automation in Australia, New Zealand and South East Asia

Valmet Oyj's trade press release on November 8, 2016 at 10:00 a.m. EET

Valmet has signed a strategic value-added reseller (VAR) agreement for power and process industry automation with Globetech Pty Ltd based in Australia and Globetech Asia based in Vietnam. The agreement covers Australia, New Zealand, Laos, Cambodia, Myanmar, Singapore and possibly other South East Asian countries later on.

"By having an experienced automation partner by our side, we will be able to better serve our customers in the power and process industries. Valmet's system reliability and upgradability are important factors when our customers make decisions about their investments," says Florentino Chicharo, CEO, Globetech Pty Ltd.

"This agreement is in line with our strategy to strengthen our global presence. We see high potential in expanding our power and process automation system business together with the help of Globetech's local presence," explains Kari S. Heikkilä, Director, Partner Business, Automation, Valmet.

Valmet's role in the partnership is to supply its Valmet DNA automation and information platform for process control, whereas Globetech is responsible for project execution and resources. Valmet DNA is already being used in thousands of power plants and industrial processes around the world.

Shaking hands over Valmet's new strategic value-added reseller (VAR) agreement for power and process industry automation. Pictured from left: Florentino Chicharo, CEO, Globetech Pty Ltd; Kari Heikkilä, Director, Partner Business, Automation, Valmet; Gerry Cardozo, General Manager, Globetech Asia; and Hannu Yrjölä, Manager, Sales & Services, Thailand and Vietnam, Automation, Valmet.

Information about Valmet's new partner Globetech

Globetech harnesses technologies, resources and services from Australia, Asia and Europe to deliver complete industrial automation solutions to the Australian and international markets. The company was founded in Australia in 2007 to operate in the area of industrial automation and drive systems. In 2010, Globetech Construction was established in Australia to provide electrical installation and electrical manufacturing capabilities, increasing the overall scope of supply that Globetech could deliver. In 2011, Globetech Asia was established in Ho Chi Minh City, Vietnam, to provide multi-disciplinary engineering, including electrical, mechanical and process engineering, and to focus on the Asian market.

VALMET
Corporate Communications

For further information, please contact:
Kari S. Heikkilä, Director, Partner Business, Automation, Valmet, Tel. +358 40 552 8372

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.