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Valmet to supply automation engineering for Gasum's LNG operations in the Nordic countries

Valmet Oyj's trade press release on April 12, 2017 at 2:00 p.m. EET

Valmet will supply the basic automation engineering for Gasum's liquefied natural gas (LNG) operations in the Nordic countries. The aim is to identify the optimal automation solution for collection and central control of all measurement data connected to the LNG terminal operations of Gasum's subsidiary Skangas.

The order is included in Valmet's first quarter 2017 orders received. The value of the order will not be disclosed. The basic automation engineering phase has already started, and will be finished in early May.

Once the basic engineering phase is complete, Gasum and Valmet will together define the needed functionalities and equipment, based on Valmet's DNA automation system. If Gasum decides to go forward with the system, Valmet's solutions would be installed and used at LNG terminals in the Nordic countries operated by Gasum's subsidiary Skangas.

"The Valmet DNA automation system will strengthen our capability to collect measurement data and control it centrally. The cooperation with Valmet has started effectively," says Pertti Norjos, Chief Information Officer at Gasum Group.

"Valmet is today able to offer a complete automation solution for LNG operations. Our optimization tool lets our customers reduce costs without compromising on safety or reliability," says Jani Hautaluoma, Director of Process Automation at Valmet.

Valmet, a leading global developer and supplier of technologies, automation, and services for many industries, has more than 40 years' experience in automation. The company's skills are based on expertise in marine and land-based projects, along with significant R&D investments across the automation offering.

"Valmet's strategy is for us to become the best solutions provider for small-scale LNG players. Also, we want to support our customers by offering a wider scope than merely being a system provider," Hautaluoma adds.

Valmet offers a complete automation solution for LNG operations, including complete export/import management and real-time tracking

Information about Gasum and Skangas

The energy company Gasum is a Finnish gas sector (natural gas and biogas) expert that is building a bridge to a carbon-neutral society on land and at sea. Gasum imports natural gas into Finland, and produces and upgrades biogas in Finland and Sweden, before transmitting and delivering them for energy production, industry, homes, and land and maritime transport.

The Gasum subsidiary Skangas is the leading Nordic expert in liquefied natural gas. Skangas has LNG production plants in Risavika, Norway, and Porvoo, Finland, and LNG terminals in Norway, Sweden, and Finland. The Gasum Group has around 400 employees in Finland, Norway, and Sweden. The company's revenue in 2016 totaled EUR 843 million.

VALMET
Corporate Communications

For further information, please contact:
Jani Hautaluoma, Director, Process Automation, Valmet, Tel. +358 40 486 0307

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 2016 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 www.valmet.com, www.twitter.com/valmetglobal

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