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Valmet received decision from the Liverpool Crown Court

Valmet release on December 10, 2015

Valmet's affiliate Valmet Ltd in U.K., received a decision from the Liverpool Crown Court on December 4, 2015 regarding an unfortunate accident which took place at Sonae Industria (U.K.) chipboard plant in Kirkby in 2010. At that time Metso Paper Ltd (currently Valmet Ltd) was contracted by the customer Sonae Industria (UK) Ltd to carry out general maintenance work at their chipboard processing plant. In the accident two persons, one Metso Paper employee and one subcontractor employee, performing maintenance work died.

Valmet Ltd was fined £190,000 after pleading guilty to breaching the UK Health and Safety at Work act. The second defendant Sonae Industria (UK) Ltd was fined £220,000 after pleading guilty to breaching the UK Health and Safety at Work act. The costs of the investigation and hearing will be paid by the both companies, which totals £107,000 each. The final amount to be paid by Valmet Ltd. is £297,000.

Valmet values its employees and contractors and their safety is the highest priority. Since the accident, Valmet has implemented several actions further to ensure that safe systems of work are in place wherever it operates. Our thoughts are still with the families, friends and colleagues affected by the tragedy.

VALMET
Corporate Communications

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.

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