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2015-04-20

Valmet Corporation: Valmet to supply key technologies for paper machine grade conversion to Kotkamills in Finland

Valmet Corporation's press release on April 20, 2015 at 2:30 p.m. EET

Valmet will supply key technologies for extensive grade conversion for
Kotkamills Oy in Finland. The target is to convert the existing printing
paper (machine finished coated paper, MFC) production line to produce
high-quality folding boxboard and barrier board grades. The start-up of the
rebuilt machine is scheduled for the second quarter of 2016. The order is
included in Valmet's second quarter 2015 orders received. Valmet delivery is
a part of customer's total EUR 70 million equipment order.

"Kotkamills is very pleased to have the know-how of Valmet's advanced coating
technologies available for the important rebuild project from magazine paper
to innovative packaging boards," saysMarkku Hämäläinen
, CEO of Kotkamills Oy.

Key technologies for grade conversion

"Valmet delivers key technologies for the grade conversion to enable cost
efficient and flexible production of recyclable and sustainable packaging
materials. Our advanced coating solutions are a good fit for this demanding
project," saysPetri Paukkunen
, Vice President of Paper Mills Sales and Marketing from Valmet.

Valmet's delivery includes different kind of coating units, new center driven
OptiReel as well as new OptiWin two-drum compact winder. The delivery also
includes modernization of dryer section and calender as well as related
automation-, air- and chemical systems. Automation delivery includes Valmet
DNA machine and process control, condition monitoring and machine vision
systems.

The 5970 mm-wide (wire) machine will produce folding boxboard (FBB) grades in
the basis weight range of 150 - 500 g/m2. The production capacity of the
machine will be approximately 400,000 tonnes per year and the design speed
750 m/min.

About the customer Kotkamills

Kotkamills specializes in laminating paper, matt coated bulky paper and sawn
products. Kotkamills Oy is 100% owned by Eagle Industries Oy. Eagle
Industries Oy is owned by MB Funds, Nordic Mezzanine, Elo Mutual Pension
Insurance Company, Finnish Industry Investment and company management. MB
Funds is the majority shareholder.

VALMET CORPORATION
Corporate Communications

For further information, please contact:

Petri Paukkunen, Vice President, Sales and Marketing, Paper Mills, Valmet,
tel. +358 40 744 8182
Kari Sorsa, Sales Manager, Paper Mills, Valmet, tel. +358 40 580 3011

Information about Valmet's advanced coating solutions

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 OMX
Helsinki Ltd.

Read more
www.valmet.com,
www.twitter.com/valmetglobal

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valmet Corporation via Globenewswire

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