Flow Control business line

The Flow Control business line’s valves, pumps and valve automation technologies are known for quality, reliability and the highest safety. They help customers improve their process performance and environmental efficiency and ensure the safe flow of materials. Customers operate in a variety of process industries, including the pulp, paper and bioproducts industry, renewable energy, oil and gas refining, mining and metals processing, and chemicals. Valmet’s flow control solutions allow our customers to produce materials that keep our societies and infrastructures up and running. Wherever liquid or gas is moved in a pipe, valves are involved. The role our valves play in the productivity and safety of process plants makes them mission-critical.

At the end of 2023, the business line employs more than 2,800 industry professionals and serves customers in more than 100 countries in good cooperation with its sales and service partners. The largest markets are North America and Europe.

Flow Control business line was formed on April 1, 2022, when Neles was merged into Valmet and it has been consolidated into Valmet's financials since April 1, 2022. Flow Control business line is part of the Automation segment. See also the Flow Control business line in brief video and Flow Control's presentation from Capital Markets Day 2023.

Key figures

Valmet Flow Control in 2023.png

Valmet Flow Control in 2023 by customer industry

Market drivers

 

Industry

 

Market position*

 

Market size and growth*

 

Market drivers

Refining & Chemicals   #5-10  

~ EUR 9 bn

~ 3% - 4%

 

• Large installed base with demand for valve maintenance and repair
• Investments in new projects and renewal investments to add capacity, upgrade and replace
• Growing sustainability requirements for customers’ products and processes, e.g. biofuels and needs to mitigate emissions in production
• Growing automation levels and digitalization are driving investment in more automated valves/control valves and services
Pulp & Paper   #1  

~ EUR 1 bn

~ 1% - 3%

 

Metals & Mining   #5-10  

~ EUR 2 bn

~ 3% - 5%

 

Renewable energy & Gases   #1-2 (industrial gases)  

~ EUR 2 bn

>5%

 

*As in CMD 2023 materials. Source: internal analysis. All figures estimates.

Flow Control business line in brief