Value creation model
Valmet provides employment and business opportunities to a wide range of stakeholders and indirectly builds wealth in local societies.
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1 Inputs
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2 Business model
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3 Outputs
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4 Outcomes
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5 Customers' end products
Inputs
Resources we need to create value
Business model
Our dedicated employees work close to our customers around the world
Outputs
We develop and supply process technologies, automation and flow control solutions, and services
Outcomes
We aim to enhance the positive impacts and minimize the negative impacts on society and the environment
Customers' end products
Our technologies help customers produce their products more sustainably
Inputs
Resources we need to create value
Financial
• Total equity EUR 2,614 million
• Net interest-bearing debt EUR 1,032 million
• Cash and cash equivalents EUR 482 million
Natural
- Purchased metals, polymers, electronics and manufactured components
- Energy consumption 426 GWh
- Water withdrawal 1,650,000 m³
Human
• Number of employees 19,310
• FTE1 of subcontractors and supervised workers
• Investment in development and expertise
• Investment in occupational health and safety
• Investment in capabilities and competences
Infrastructure
• More than 240 locations in approximately 40 operating countries²
• 76 production units and more than 110 service centers
• More than 160 sales offices
• Suppliers in more than 60 countries
• Distributors
Brand and intellectual
• Open dialogue with stakeholders (e.g., customer events, investor meetings, supplier days, stakeholder surveys)
• Cooperation with approximately 40 universities and research institutes
• More than 150 memberships in associations
• Relationships and partnerships
• Collaboration with local communities
Social and relationship
• Open dialogue with stakeholders (e.g., customer events, investor meetings, supplier days, stakeholder surveys)
• Cooperation with approximately 40 universities and research institutes
• More than 35 memberships in associations
• Relationships and partnerships
• Collaboration with local communities
Business model
Our dedicated employees work close to our customers around the world
Customers
- Pulp and paper industry
- Energy industry
- Other process industries
Key processes
- R&D
- Marketing
- Sales
- Engineering
- Procurement
- Production
- Delivery
- Service
Our employees, expertise and experience
Valmet’s Way Forward
- Mission
- Strategy
- Must-Wins
- Vision
- Values
Outputs
We develop and supply process technologies, automation and flow control solutions, and services.
Process technologies
• Pulping process equipment, process islands and complete pulp mills
• Individual board, paper, tissue and tissue converting machine sections, complete production lines and machine rebuilds
• Boiler islands, power plants, heating plants
• Environmental solutions
• Technologies for converting biomass to fuels, chemicals and materials
Automation systems
- Distributed Control Systems (DCS)
- Quality Management Systems (QMS)
- Analyzers and measurements
- Industrial applications
- Automation services and Industrial Internet solutions
Flow control solutions
• Valves
• Pumps
• Valve controls, actuators and limit switches
• Valve spare parts
• Services and Industrial Internet solutions
Services
• Spare and process parts
• Workshop and roll services
• Fabrics
• Maintenance development and outsourcing
• Field services
• Process upgrades
• Industrial Internet solutions
Environmental outputs - Greenhouse gas (GHG) emissions
• Scope 1³: 20,395 tCO2e
• Scope 2⁴: 45,923 tCO2e
• Scope 3⁵: 39,559,000 tCO2e
Environmental outputs - Waste
• Non-hazardous waste 34,500 t
• Hazardous waste 3,700 t
Outcomes
We aim to enhance the positive impacts and minimize the negative impacts on society and the environment.
Economic
• Wages and benefits EUR 1,393 million
• Payments to suppliers EUR 2,371 million
• Taxes EUR 119 million
• Support for non-profit organizations EUR 0.3 million
• Retained equity EUR 14 million
• Payments to shareholders and creditors EUR 340 million
• More efficient and profitable customer processes
Social
• Direct and indirect employment
• Improved employee competences
• Direct and indirect occupational health and safety
• Customer loyalty
• Trust and reputation
• License to operate
• Influence on operating environment and regulations
Environmental
• More efficient processes enable the use of fewer natural resources and reduce the GHG emissions in customers’ operations
• Valmet’s technologies and services enable the production of customers’ products with less energy and water, fewer raw materials, and improved flexibility in fuel source selection to replace fossil fuels with renewable ones
Customers' end products
Our technologies help customers produce their products more sustainably
Pulp
Board, paper and tissue
Energy and industrial gas
Biomaterials and fuels
Chemicals
Minerals
¹Full-time equivalent.
²Includes technology centers.
³Scope 1 emissions are direct GHG emissions from sources that are owned or controlled by Valmet, such as fossil fuels burned on site.
⁴Scope 2 (market-based) emissions are indirect GHG emissions resulting from the generation of electricity, heating, cooling, and steam generated off site but purchased by Valmet.
⁵Scope 3 data covers four selected relevant categories – category 1: purchased goods and
services; category 4: upstream transportation and distribution; and category 6: business travel, and category 11: use of sold products.
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