Valmet-supplied Propapier PM2 sets once again a containerboard machine world record speed at 1,704 m/min

Valmet Corporation's trade press release on July 29, 2014 at 11:00 a.m. EET

The Valmet-supplied containerboard base paper machine at Propapier PM2 GmbH in Eisenhüttenstadt, Germany, set a 24-hour world speed record of 1,704 m/min on April 24, 2014. During the record run, the 10.85 m-wide PM2 produced corrugating medium at basis weight of 70g/m2 with a total efficiency of 96%. The Propapier PM2 was originally started up in March 2010.

Propapier PM2 world record 4

Image: The trophy was handed over to Peter Resvanis (on the right) and some of his team members by Jürgen Heindl, CEO of Progroup AG (2nd from the left), and Robert Mohr, Vice President, Sales Central Europe North, Valmet (3rd from the left).

This was already the fourth 24-hour world speed record set by Propapier PM2. On November 25, 2010, the machine set a record of 1,620 m/min at a basis weight of 90 g/m2 becoming the world's first containerboard machine to exceed the 1,600 m/min speed level. The next world record followed in April, 2011 when the machine reached the speed of 1,650 m/min at a basis weight of 80 g/m2. On February 23, 2012, the machine set yet another 24-hour world speed record of 1,675 m/min at a basis weight of 80 g/m2, thus breaking the 100 km/h milestone.

"Our PM2 has now produced four consecutive world records. This is a proof that our people and the technology fit together in an optimal way, because being successful once or a few times might be by accident or good luck but being successful over and over again requires true competence and diligent work. I am confident that this was not our last world record", says Jürgen Heindl, CEO of Progroup AG.

The PM2 is an OptiConcept paper machine featuring Valmet's modern paper making technology from the stock preparation plant all the way through the paper machine. The design speed of the machine is 1,900 m/min.

Information about Propapier PM2 GmbH

Propapier PM2 is part of Progroup AG. A young and innovative company which is specialized in the production of corrugated board base papers and corrugated board sheets and is divided into five business units: Propapier with two paper factories, Prowell with seven corrugated sheetboard plants, Prologistik (a logistics company), Proservice offering marketing and IT services, and Profund (a financial services provider). With 12 production plants in the heart of Europe and 880 employees, the company generated consolidated sales of approx. 650 million euros in 2014. The unusually successful development of this company is based on innovations, consistent network management, on e-commerce and a consistent supply chain strategy.

VALMET CORPORATION
Corporate Communications

Further information, please contact:
Robert Mohr, Vice President, Sales Central Europe North, Valmet Tel. +49 6157 9455 817

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.