Valmet signs an extension of Chip Quality Agreement with a customer in the Scandinavian region

Valmet Oyj’s trade press release on December 9, 2022 at 9:30 a.m. EET

Valmet and a customer in the Scandinavian region continue their successful collaboration by signing an extension of the Chip Quality Agreement. The agreement supports the customer in maintaining and further improving chip quality and the performance and lifetime of the chipping equipment at two of its sites.

The agreement was included in Valmet’s orders received of the third quarter 2022. It is a two-year agreement and effective immediately. The value of the agreement will not be disclosed.

The target of the agreement is to maximize production by enhancing the chip quality and keeping the customer’s equipment in optimal working condition. The agreement includes solutions for quick supply of spare and wear parts to secure good runnability and availability of the chipper.

“We are happy that the customer decided to renew the Chip Quality Agreement with Valmet. Our collaboration has been successful as we have been able to support the customer with services that improve the chip quality and the availability of their equipment. We are looking forward to further improvements and deepening the good relationship”, says Lennart Montonen, Sales Manager, Pulp Solutions, EMEA, Valmet.

Information about the agreement

Valmet Chip Quality Agreement is a development agreement for wood handling process optimization at pulp mills. It offers a holistic approach to the customer’s process and the equipment, utilizing Valmet’s extensive expertise in wood-handling. The agreement is always tailored to meet the customer’s needs but often includes process optimization for improved chip quality, condition inspections and maintenance of the equipment as well as replacement of worn parts.

VALMET
Corporate Communications

For further information, please contact:
Lennart Montonen, Sales manager, Pulp solutions, EMEA, Valmet, tel. +46 76 639 6687

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. The combined company’s net sales in 2021 was approximately EUR 4.5 billion based on the respective company figures.

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.   

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