August 24, 2015

Valmet lands another big Chinese order

Valmet’s OptiConcept M for the containerboard production line.
Valmet’s OptiConcept M for the containerboard production line.

Finnish company Valmet has signed its second significant contract in China in a week.

The agreement sees the specialist in technologies, automation and services for the pulp, paper and energy industries supplying another complete OptiConcept M paper making line for Lee & Man, located in Jiang Xi.

While both parties declined to reveal the total of the contract, such agreements are typically valued in the vicinity of 40–50 million euros.

Valmet’s announcement comes on the heels of last week’s 110 million-euro order received from Huanggang Chenming Pulp & Paper.

Lee & Man’s containerboard production line is to utilise 100 per cent recycled raw materials in order to produce high-quality containerboard grades. Annual production capacity will be approximately 300 000 tonnes.

This represents Valmet’s 10th OptiConcept M production line they have supplied to Lee & Man since 2012.

“With good combination of local and imported know-how Valmet has shown its capability in earlier projects,” comments Edmond Lee, Lee & Man’s CEO. “Lightweighting is a trend in containerboard business and Valmet’s technology is very suitable for these grades.”

The production line is set to be operational in the last quarter of 2016.