Valmet to supply grade conversion rebuild for Kruger Packaging in Trois-Rivières, Québec, Canada

Valmet Corporation's press release on January 15, 2016 at 10:00 a.m. EET

Valmet will modernize a paper machine (PM10) at the Kruger paper mill in Trois-Rivières (Québec), Canada. Currently producing newsprint, PM10 will be rebuilt using some of the most advanced containerboard manufacturing and automation technology to produce 360,000 metric tonnes (MT) per year of 100% recycled lightweight and high strength linerboard. The rebuilt production line will start up in 2017.

The order is included in Valmet's fourth quarter 2015 orders received. The value of the order is not disclosed. The value of paper machine rebuilds depends on the scope of the delivery. This kind of rebuild is typically valued around EUR 30 million.

"Kruger selected Valmet based on its innovative technology and track record of successful rebuilds, as well as their knowledge of North American recycled linerboard requirements," declared Project Manager, Christian Lemay of Kruger Packaging L.P.

Modernization project will generate significant growth opportunities

The solution for this ~8.4-meter-wide (wire) machine will be fully modernized from headbox to winder to produce linerboard with industry-leading high strength to basis weight properties, and with sheet formation and surface characteristics suitable for high-quality graphic printing for corrugated box plants.

In addition to the machinery improvements, the delivery will include Valmet DNA automation system with remote servicing capabilities for machine and process control as well as MD/CD controls. Valmet will deliver also Valmet IQ Dilution Profiler that contributes to improved sheet quality and minimized variability. To be delivered Valmet Pulp Analyzer will provide fast and precise online updates of key fiber and papermaking furnish properties.

"To be able to reach the targets, grade conversion modernizations require thorough expertise. Valmet is one of the few suppliers who can design, manage and deliver this kind of vast grade conversion projects. Additionally, Valmet's pilot plant played a substantial role since we could demonstrate the technologies to the customer in real life conditions," says Mike Gray, Valmet's Area Vice President in North America.

Information about the customer Kruger Packaging L.P.

Kruger Packaging L.P. is a Canadian manufacturer of containerboard and packaging products made from recycled fibers. The company currently operates one containerboard mill in Montreal (Québec), as well as two packaging plants in LaSalle (Québec) and Brampton (Ontario). Founded in 1904, its parent company, family-owned Kruger Inc., is also a major producer of publication papers, tissue products, renewable energy, cellulosic biomaterials, and wines and spirits. In addition, Kruger Inc. is a leading paper and paperboard recycler in North America.

VALMET
Corporate Communications

Further information, please contact:

Mike Gray, Area Vice President, North America, Valmet, tel. +1 920 738 8542

Jari Siitonen, Sales Director, Paper mills, Valmet tel. +358 40 765 7406

Link to Kruger Packaging L.P.'s press conference material

Valmet Corporation 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 Helsinki.