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Valmet to supply OptiConcept M containerboard line for Yuen Foong Yu Packaging, Inc. in Taiwan

Valmet Corporation's press release on March 2, 2015 at 11:00 a.m. EET

Valmet will supply an OptiConcept M containerboard production line for Yuen Foong Yu (YFY) Packaging Inc. for the company's Xin Wu site in Taoyuan County in Taiwan. The new production line will produce high-quality fluting grades out of 100 percent recycled raw materials. The start-up of the new machine is scheduled for the third quarter of 2016.

The order is included in Valmet's first quarter 2015 orders received. The value of the order will not be disclosed.

Energy efficient high quality production with Valmet's OptiConcept M

"We selected a machine concept that emphasizes environmental efficiency especially in terms of energy saving. Our target is to produce high quality containerboard. In order to be competitive, we want to operate with the latest proven technology. Valmet's OptiConcept M has the features which align well with our expectations," says Mr Chia-Feng Yeh, Project Director of Yuen Foong Yu Packaging.

"This high efficient containerboard making line ordered by YFY Packaging will be Valmet's seventh OptiConcept M production line to be supplied globally. The new production line will be able to reduce both carbon footprint as well as energy consumption significantly. The annual production capacity of the new machine will be approximately 300,000 tonnes of board and the design speed will be 1,200 m/min," says Jari Vähäpesola, President, Paper Business Line, Valmet.

The operating profitability of the OptiConcept M is based on the concept's overall efficiency covering energy- and resource-efficient processes and high speed. The production line ensures optimized productivity at minimal operational cost.

Valmet's delivery includes complete boardmaking line from headbox to reel. A new winder is also included in the delivery.

Valmet OptiConcept M paper and board machine

Information about Yuen Foong Yu Packaging

Yuen Foong Yu Packaging, Inc. is an independent subsidiary of Yuen Foong Yu Paper Mfg. Co., Ltd. It is one of the two largest manufacturers of industrial paper in Taiwan and one of the largest suppliers of paper containers in the Greater China.

VALMET CORPORATION
Corporate Communications

Further information, please contact:
Hannu T Pietilä, Area President, Asia-Pacific, Valmet, tel. +66 (0)81 862 1122

Mika Ollikainen, Sales Director, Asia-Pacific, Valmet, tel. +358 45 271 1711

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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