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Valmet signs long-term mill maintenance services agreement with Asia Symbol in China

Valmet Oyj's trade press release on June 25, 2018 at 11:00 a.m. EET

Valmet and Asia Symbol (Shandong) Pulp and Paper Co., Ltd. have signed an agreement for the maintenance services for the company's board machines and pulp mill in China.

"Valmet manufactured the main equipment in our mill, and we are looking forward to good cooperation with Valmet in the next few years. Valmet's maintenance services combine its daily maintenance expertise with support from product, process, and automation specialists worldwide. Professional people can do professional things - we believe that!" says Wang Bo, Mill Director of Asia Symbol (Shandong) Pulp and Paper.

"This is Valmet's first maintenance outsourcing order in China, and it shows the trend of mill maintenance services as well. This customer is showing strong trust in Valmet's professionalism by choosing us to supply their maintenance services. Valmet's services team will help the mill to improve performance and product quality while lowering costs and risks," says Jiang Bo, Senior Manager, Maintenance Outsourcing and Agreement Management, Services business line, China, Valmet.

Information about Valmet's delivery
Valmet will provide maintenance services and maintenance development for the board machines and the pulp mill, including chip handling, fiber lines, pulp dryers, recovery boilers, evaporation, and recausticizing, as well as a power plant, chemical plant and water treatment facility. Valmet will be responsible for the leadership, management and development of the mill's maintenance.

Valmet and Asia Symbol (Shandong) groups after the signing

About Asia Symbol (Shangdong)
Asia Symbol (Shandong) Pulp and Paper Company is a world-leading producer of pulp and paper. It has two bleached hardwood pulp production lines with a total annual production capacity of 1.8 million tonnes and two packaging board production lines with a capacity of 470,000 tonnes. Its main products are bleached hardwood kraft pulp, northern bleached kraft pulp, dissolving, liquid packaging board, and high-grade ivory board.

It sets the benchmarks in pulp and paper for industrial upgrading, technological progress, and green development. Asia Symbol is the main drafter of the national standard for bleached hardwood kraft pulp and ivory board. The total environmental investment in the mill is approaching RMB 4.3 billion (EUR 570 million).

VALMET
Corporate Communications

For further information, please contact:
Jiang Bo, Senior Manager, MMO & Agreement Management, Services Business Line, China, Valmet, tel. +86 510 85230518, [email protected]

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 2017 were approximately EUR 3.1 billion. Our more than 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.comwww.valmet.com/cn

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