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Valmet: Valmet to supply tenth OptiConcept M paper making line for Lee & Man in China

Valmet Corporation's press release on August 21, 2015 at 10:00 a.m. EET

Valmet will supply a completeOptiConcept Mcontainerboard production line for
Lee&Man in Jiang Xi in China. The new production line is planned to produce
high-quality containerboard grades out of 100 percent recycled raw materials.
The start-up of the machine is scheduled for the fourth quarter of 2016.

The order is included in Valmet's third quarter 2015 orders received. The
value of the order will not be disclosed. An order of this scope is typically
valued around EUR 40-50 million.

"OptiConcept M has really made its breakthrough as an industry standard for
paper and board manufacturing, which is proven by this repeat order from
Lee&Man", saysJuha Kivimaa
, Director, Sales Technology in Valmet's Paper business.

"This repeat order to Valmet strengthens our long partnership in this business
area. With good combination of local and imported know how Valmet has shown
its capability in earlier projects. Lightweighting is a trend in
containerboard business and Valmet's technology is very suitable for these
grades", saysEdmond Lee
, CEO of Lee&Man.

The line ordered by Lee&Man will be the tenth OptiConcept M production line to
be supplied by Valmet since the first delivery in 2012. In addition to Asia,
Valmet has delivered OptiConcpet M lines also in North America and Europe.
The compact and efficient OptiConcept M production line concept covers grades
from recycled containerboards to cartonboards and fine paper.

Valmet's delivery will comprise a complete board machine with relatedprocess
automation solutions, air systems and winder. The annual production capacity
of the new machine will be approximately 300,000 tonnes and the design speed
1,200 m/min.

Valmet OptiConcept M for containerboard production line.

Information about the customer Lee&Man

Lee&Man Paper Manufacturing Ltd manufactures linerboard and corrugating medium
grades for industrial packaging purposes. Lee&Man Paper Manufacturing Ltd has
been established in 1994 and it is listed on the Hong Kong Stock Exchange. At
present the company has about 7 million tons board production capacity in

Corporate Communications

For further information, please contact:

Petri Paukkunen, Vice President, Sales and Marketing, Paper Mills, Valmet,
tel. +358 40 744 8182

Fan Ze, Vice President, Capital Sales in China, Valmet, tel. +86 10 6566 6600

Valmet 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.

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IMAGE: Valmet OptiConcept M for containerboard production line


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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