China

Key figures

Market characteristics

• Growing services market driven by new board and tissue capacity, demand for energy savings, efficiency improvements and reliability, and a growing mill maintenance outsourcing trend
• Process technology demand in board, tissue, pulp, and energy impacted by growing consumption, stricter environmental regulation and demand for CO2 neutral energy
• Automation Systems and Flow Control growth from growing installed base and new investments in pulp and paper

Valmet's position

• Valmet is the leader in pulp and paper process technology and has a strong position in services and the pulp and paper automation market
• Strong competition from local and global competitors

Valmet in China

• 3 R&D Centers
• 5 service centers
• 6 production units
• 6 sales offices
• 2,323 employees

(source: Valmet's Annual Review 2022)