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Valmet: Valmet to supply a biofuel boiler and related environmental systems to Borås Energi och Miljö in Sweden

Valmet Oyj's press release on September 14, 2016 at 11:00 a.m. EET

Valmet will supply a biofuel-fired power plant and related flue gas cleaning
and condensing systems to Borås Energi och Miljö's new energy and
environmental center in Sobacken, Borås, Sweden. The new plant will support
the strategy of the city of Borås to become a fossil fuel -free city.

The order is included in Valmet's third quarter 2016 orders received. The
value of the order is about EUR 60 million. For Valmet the main employment
impact of the project will be in Tampere, Finland.

Installation works are scheduled to begin in July, 2017. Heat production is
scheduled to start in 2019.

"When an over 50-year-old heat and power plant is replaced, environment,
flexibility and efficiency are extremely important in order to build
something truly sustainable. We are happy and proud to start collaboration
with Valmet, since sustainability plays a central role in their business
strategy. We are convinced that thanks to Valmet's influence the energy and
environmental center in Borås won't become only a new heating and power
plant, but also an environmental plant that will act as an example and a
reference for future investments," saysGunnar Peters
, Managing Director at Borås Energi och Miljö.

"Valmet's fluidized bed technology suits well in utilizing various fuels like
biomass and waste in power and heat production. This plant will fulfill
future environmental demands through high efficiency, good fuel flexibility
and reliable operation. We are very thankful for the trust and look forward
to deliver this sustainable energy project in close cooperation with Borås
Energi och Miljö," saysAnders Bergqvist
, Director Scandinavia at Valmet.

Technical information about the delivery

Valmet's delivery scope includes a 120 MW biofuel-fired HYBEX boiler utilizing
fluidized bed (BFB) technology. The combination of controlled combustion
temperature, low excess air and "staged" combustion provides the favorable
conditions for meeting strict environmental requirements. The fuel used will
be various biomass, mainly forest residue, bark and wood chips. The delivery
will also include flue gas cleaning and condensing systems.

Illustration of Sobacken Energi- och Miljöcenter. Source: Borås Energi och
Miljö AB

Information about the customer Borås Energi och Miljö

Borås Energi och Miljö AB supplies energy, waste, water and environmental
services in the area of Borås city. The company focuses on improving the
social structure through sustainable solutions that provide opportunities for
the city to grow.

In addition to the new heating plant, Borås Energi och Miljö will have a new
waste water treatment plant in the Sobacken area. This will enable synergies
and opportunities to utilize energy flows between various production units in
that area.

Corporate Communications

For further information, please contact:

Anders Bergqvist, Director Scandinavia, Energy Sales and Services, Valmet,
tel. +46 76 639 7777

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.

Read more,

IMAGE: Sobacken Energi- och Miljöcenter.


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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 via Globenewswire

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