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Valmet: Valmet to supply scrubber system to TUI Cruises' new vessels

Valmet Corporation's press release on February 22, 2016 at 11:00 a.m. EET
Valmet will supply exhaust gas scrubber system (EGCS) for two new cruise
vessels, Mein Schiff 7&8, to be built by Meyer Turku for TUI Cruises GmbH.
The scrubber system deliveries to the first vessel will start in the fourth
quarter of 2016 and to the second vessel in the first quarter of 2017.

This scrubber system order was included in Valmet's fourth quarter 2015 orders
received. The value of the order will not be disclosed. Typically, the order
value of scrubber system deliveries ranges between EUR 1 and 6 million.

Valmet has a long track record in supplying scrubber systems to cruise
vessels. For TUI Cruises these new cruise ships represent 5thand 6thcruise
vessels with EGCS scrubbers based on Valmet's technology.

"We are proud to continue the supply of our technology to the TUIC fleet. Our
scrubber system will ensure for the ships a modern, reliable exhaust gas
cleaning system," saysAnssi Mäkelä
, Senior Manager, Marine Scrubber Systems, Valmet.

Detailed information about Valmet's delivery

The scrubber system delivery will include integrated hybrid scrubber systems
for both engine rooms and all auxiliary systems with automation. The exhaust
gas is washed with seawater in open loop mode and with recirculated water and
alkali in closed loop mode. Wash water is cleaned with Valmet's patented
water treatment system. All emissions are continuously monitored and the
complete exhaust gas scrubber system is controlled with Valmet's proven
marine automation.

Information about the customer TUI Cruises GmbH

TUI Cruises GmbH is a Germany-based, joint venture cruise line of the German
Tourist firm, TUI AG and the American cruise line operator, Royal Caribbean
Cruises Ltd. Headquarters are located in Hamburg, Germany. The company
started operations in 2009 and it operates cruise holidays specifically
tailored for the German market.

TUI Cruises fleet contains four cruise vessels in operation, Mein Schiff 1, 2,
3 and 4, where Mein Schiff 3&4 are equipped with Valmet EGCS Scrubbers. In
addition four new vessels (Mein Schiff 5, 6, 7 and 8) are built by Meyer
Turku within 2016 - 2019. Mein Schiff 3, 4, 5 and 6 with gross tonnage of
99,300 have passenger capacity of 2,800. Mein Schiff 7 and 8 with gross
tonnage of ca. 111,500 will have passenger capacity of ca. 3,100.

Corporate Communications

For further information, please contact:

Anssi Mäkelä, Senior Manager, Marine Scrubber Systems, Valmet, Tel. +358 50
317 4173

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.

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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 via Globenewswire


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