Valmet to supply a headbox upgrade for Green Forest (QingXin) Paper Industrial Limited

Valmet Oyj's trade press release November 2, 2016 at 11:00 a.m. EET

Valmet will supply a headbox upgrade and two headbox recondition service packages to Green Forest (QingXin) Paper Industrial Limited paper mill in Qingxin County, Qingyuan, China. The delivery is scheduled to take place in September 2017, and the start-up to be in October and November 2017.

The order was included in Valmet's third quarter 2016 orders received. The value of an upgrade of this scope is usually valued around EUR 1 million.

"Valmet has proven technology, products and services bringing us reliability and performance. This upgrade turns our slice controlled headbox into a dilution-controlled headbox and we expect this to improve our board quality," says Mr. Wu Guixing, Production Director, Green Forest paper mill

"This RetroDilution headbox upgrade will bring better controllability of the headbox and improved end product quality with improved basis weight profile and fiber orientation to the customer. We are happy to bring this new technology to China and thank Green Forest for the excellent cooperation and mutual trust," says Kevin Jiang, Director, South Sales, China.

Technical information of the delivery
Valmet's delivery includes RetroDilution headbox upgrade to Green Forest (QingXin) Paper Industrial Limited's board machine 2 and headbox recondition service packages to paper machine 1 and board machine 2. This RetroDilution headbox upgrade delivery is first of its kind in mainland China.

The RetroDilution for headbox is a dilution control retrofit that provides a cost-effective way of modernizing an existing slice lip controlled headbox into a dilution controlled one.

Board machine at the Green Forest (QingXin) Paper Industrial Limited paper mill in Qingxin County, Qingyuan, China

About the customer Green Forest Paper Industrial Limited
Green Forest Paper Industrial Limited is part of Hop Fung Group Holdings Limited. Hop Fung Group is principally engaged in the manufacture and sale of quality corrugated paper ware products to its over 550 customers in the manufacturing sectors in Hong Kong and the Pearl River Delta area. The Group is listed on the Main Board of The Stock Exchange of Hong Kong.

VALMET
Corporate Communications

For further information, please contact:

James Hui, Product & Application Manager, Mill Improvements, China, Valmet, tel +86 138 1786 9663

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 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 OMX Helsinki Ltd.