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Valmet general presentation
1.
Valmet Committed to moving
our customers’ performance forward
2.
Contents Valmet in brief Strategy
and financial targets Offering and R&D Customer highlights Summary 1 2 3 4 5
3.
Valmet in brief
4.
2015 © Valmet4 Over
200 years of industrial history 1942 Rauma- Raahe 1951 Valmet 1968-1996 Several M&As i.e. 1986 KMW 1987 Wärtsilä paper finishing machinery 1992 Tampella Papertech 1999 Metso created through merger of Valmet and Rauma Key acquisitions 2000 Beloit Technology 2006 Kvaerner Pulping Kvaerner Power 2009 Tamfelt End of 2013 Demerger to Valmet and Metso 1797 Tamfelt 1841 Götaverken 1856 Tampella 1858 Beloit 1860 KMW 1868 Sunds Defibrator 2015 Metso Process Automation Systems to Valmet
5.
Key figures 2014 2015
© Valmet5 Excluding Automation business line 18% 13% 43% 11% 15% 40% 39% 21% Services Pulp and Energy Paper Net sales by geographic area Net sales by business line North America EMEA South America Asia-Pacific China Orders received EUR 3,071 million Net Sales EUR 2,473 million EBITA before NRI (1 EUR 106 million Employees 10,464 Market position #1-2 Services #1-2 Pulp #1-3 Energy #1-2 Paper, board, tissue 1) NRI = non-recurring items
6.
2015 © Valmet6 18
% 12 % 44 % 11 % 15 % North America EMEA South America Asia-Pacific China Orders received EUR ~3,400 million Net sales EUR ~2,800 million Employees ~12,000 Market position #1-2 Services #1-3 Pulp and paper automation #1-2 Pulp #1-3 Energy #1-2 Paper, board, tissue Key figures including Automation business Based on combined illustrative figures from 2014 (1 36% 11% 35% 19% Net sales by business line Services Pulp and Energy Paper Automation Net sales by geographic area 1) Combination of Valmet and Metso Process Automation System figures for 2014
7.
2014 - a
successful first year as an independent company 2015 © Valmet7 EUR million 2014 2013 Change Orders received 3,071 2,182 41% Order backlog 1,998 1,398 43% Net sales 2,473 2,613 -5% EBITA1 106 54 94% % of net sales 4.3% 2.1% Earnings per share, EUR 0.31 -0.42 Dividend per share, EUR 0.25 0.15 67% Cash flow provided by operating activities 236 -43 Gearing at the end of period -21% 0% 1) Before non-recurring items
8.
Unique offering covers
process technology, automation and services We improve our customers performance by combining: – Advanced pulp, paper and energy technologies – Process know-how, maintenance and services – Automation solutions Full scope offering is unique on the market and differentiates Valmet from its competitors 2015 © Valmet8 Customer
9.
80% of Process
Automation Systems’ sales to Valmet’s current customer industries Global customer base 2015 © Valmet9 Valmet is a registered trademark of Valmet Corporation. Other trademarks appearing here are trademarks of their respective owners. Pulp Paper Energy Process
10.
201510 Valmet location © Valmet •
Over 100 service centers • 80 sales offices • 34 production units • 15 technology centers Strong global presence close to our customers 130 locations in 33 countries
11.
Strong global presence
provides a good platform for growth 2015 © Valmet11 Illustrative net sales in 2014 (EUR million and % of total) Calculated number of employees in March, 2015 (number of employees and % of total) North America • Large installed base to be served • Capital project opportunities in pulp, energy, board, and tissue 504 (18%) 1,355 (11%) South America • Services growth potential through growing installed base • Capital project opportunities in pulp, tissue and bioenergy 347 (12%) 508 (4%) EMEA • Large installed base to be served • Machine closures in printing and writing • Capital project opportunities in pulp, board, tissue, and bioenergy 1,219 (44%) 7,511 (62%) China • Services growth potential through growing installed base • Capital project opportunities in board and tissue 293 (11%) 2,054 (17%) Asia-Pacific • Services growth potential through growing installed base • Capital project opportunities in pulp, energy, board, and tissue 407 (15%) 699 (6%)
12.
Services #1-2 Leading market position
in all focus markets 2015 © Valmet • Customers outsource non- core operations • Capacity increases in China, South America and Asia-Pacific Energy #1-3 Board #1-2 Paper #1-2 Pulp #1-2 • Growth in energy consumption • Demand for sustainable energy • Modernization of aging plants • Incentives and regulation • Growth in paper, board, and tissue consumption in Asia • Need for virgin wood pulp, as recycling rates can not grow infinitely • Increased size of pulp lines and mills • World trade, e- commerce and emerging markets growth drive packaging • Shift from plastic packaging to renewable materials • Growth in emerging markets • Rise in purchasing power and living standards in emerging markets Tissue #1 Automation #1-3 • Increasing role of digital media decreases demand for printing and writing papers • Some growth in emerging markets • Investments in new pulp and paper machines and power plants • Ageing machines and installed automation systems Estimated market size for current offering (EUR)Anticipated long-term market growth ~2% p.a. 7.5 bn ~1% p.a. 2.0 bn ~1% p.a. 1.4 bn ~3% p.a. 1.0 bn ~3% p.a. 0.6 bn ~-1% p.a. 0.6 bn ~1% p.a. 2.0 bn Source: Leading consulting firms, RISI, management estimates 12 Market drivers
13.
12,000 professionals serving
customers globally 2015 © Valmet13 44 % 13 % 14 % 26 % 3 % Systematic development with global training portfolio: Champions in Services Networking in Procurement Leading through Lean Agility through Sales Excellence in Project Management Fast Forward Forward Strategy Personnel by business line: Other Services Pulp and Energy Paper Automation
14.
Our operating principles
and sustainability agenda create the basis for our sustainability work 14 Operating principles • Code of Conduct • HSE policy • Sustainable Supply Chain policy • ISO management systems • UN Global Compact Sustainability agenda • Sustainable supply chain • Health, safety and environment • People and performance • Cost-effective sustainable solutions • Corporate citizenship Sustainability reporting • Annual reporting according to global standards (GRI G4) • Third party assurance • Sustainability indices (DJSI and CDP) 2015 © Valmet
15.
Good development in
HSE key figures 15 Environmental and social responsibility 2014 2013 Change CO2 emissions (1,000 t) 84 100 -16% Energy (TJ) 1,253 1,374 -9% Waste (1,000 t) 40 32 26% Water (1,000 m3) 3,302 3,824 -14% Lost-time incident frequency (LTIF)1 5.5 6.5 -15% 1) LTIF reflects the number of injuries resulting in an absence of at least one workday per million hours worked. 2015 © Valmet
16.
Four business lines
and five areas 2015 © Valmet16 North America South America EMEA China Asia-Pacific Services business line Pulp and Energy business line Paper business line Automation business line Finance Strategy and Operational Development Marketing and CommunicationsHuman Resources
17.
Business lines Executive Team 17 Pasi Laine President
and CEO Kari Saarinen CFO Julia Macharey SVP, Human Resources Anu Salonsaari-Posti SVP, Marketing & Communications Jukka Tiitinen Business Line President, Services Bertel Karlstedt Business Line President, Pulp and Energy Jari Vähäpesola Business Line President, Paper William Bohn Area President, North America Celso Tacla Area President, South America Vesa Simola Area President, EMEA Aki Niemi Area President, China Hannu T. Pietilä Area President, Asia-Pacific 2015 © Valmet Sakari Ruotsalainen Business Line President, Automation Areas Juha Lappalainen SVP, Strategy and Operational Development
18.
Valmet’s strategy and financial
targets
19.
Valmet’s Way Forward Our
Must-Wins Customer excellence Leader in technology and innovation Excellence in processes Winning team Our Vision To become the global champion in serving our customers Our Strategy Valmet develops and supplies competitive technology and services to the pulp, paper and energy industries. We are committed to moving our customers’ performance forward. Our Mission Converting renewable resources into sustainable results Our Values create and strengthen our culture Customers - We move our customers’ performance forward Renewal – We promote new ideas to create the future Excellence – We improve every day to deliver results People – We work together to make a difference Megatrends Need for renewable solutions Bio-economy and climate change Increase in standards of living 2015 © Valmet19
20.
Key Must-Win objectives
to to achieve our strategic goals 2015 © Valmet20 • Nurture shared values • Drive high performance • Continue globalization of our capabilities • Strengthen our presence close to customers and growth markets • Strengthen Key Account Management to serve customers with our full offering • Provide customer benefits by combining process technology, automation and services • Develop Valmet service concept, remote services and drive growth through service agreements • Improve product cost competitiveness to increase gross profit and reduce customer investment and operational costs • Develop new products and technologies to create new revenue • Sales and project management process to improve product margin • Implement Lean to reduce quality costs and lead times • Save in procurement and ensure sustainable supply chain • Improve health and safety • Continue to improve cost competitiveness Must-Win implementation objectives for 2016Must-Wins Leader in technology and innovation Excellence in processes Customer excellence Winning team
21.
Dividend policy Financial targets 2015 ©
Valmet21 Profitability Growth ROCE Net sales growth to exceed market growth EBITA1 before non-recurring items: 6–9% Return on capital employed (pre-tax), ROCE 2: minimum of 15% Dividend payout at least 40% of net profit 1) EBITA before non-recurring items = operating profit + amortization + non-recurring items 2) ROCE (pre-tax) = ( profit before taxes + interests and other financial expenses ) / ( balance sheet total - non-interest-bearing liabilities )
22.
Offering and R&D
23.
Converting renewable resources
into sustainable results 2015 © Valmet23 End- products Services Automation Technologies Raw materials Customer industries Heat Electricity Chem pulpDiss pulp Mech pulp Paper Board Tissue Biogas Biofuels Biochemicals New paper gradesBiomaterials Energy production Biofuel refining Pulp Paper Waste Recycled paper Pulp Agro Wood Energy Paper
24.
Full scope offering
for the pulp and paper industry 2015 © Valmet24 1 6 7 2 8 3 4 9 5 10 1 Wood handling 2 Heat and power production 3 Chemical pulping 4 Chemical recovery 5 Pulp drying 6 Recycled fiber 7 Mechanical fiber 8 Stock preparation 9 Board and paper making 10 Tissue making Automation • Distributed Control System (DCS) • Performance solutions • Quality Control System (QCS) • Profilers • Analyzers and measurements • Industrial internet solutions • Automation services • Process simulators • Safety systems and solutions Services • Mill and plant improvements • Spare and wear parts • Paper machine clothing and filter fabrics • Roll services • Services for evaporation plants, power and recovery boilers • Services for environmental equipment Technologies
25.
Our offering for
energy industry and biotechnologies 2015 © Valmet25 Automation • Distributed Control System (DCS) • Performance solutions • Analyzers and measurements • Industrial internet solutions • Automation services Services • Plant improvements • Rebuilds • Performance services • Services for environmental equipment • Components and spare parts • Training 1 2 3 4 6 5 1 Fuel handling 2 Gasification 3 Boiler and flue gas cleaning 4 Bio-oil production 5 Modularized power plants 6 Prehydrolysis For biofuels, biomaterials and biochemicals, and bio coal production Technologies
26.
Our pulp and
energy technology offering 2015 © Valmet26 Pulp Recovery Energy Biotechnologies 400 boilers and environmental protection systems delivered 300 complete fiber lines and 350 recovery islands delivered • Wood handling systems • Cooking systems • Complete fiber lines • Pulp drying systems • Evaporation systems • Recovery islands • Circulating fluidized bed boilers (CYMIC) • Bubbling fluidized bed boilers (HYBEX) • Biomass and waste gasification • Oil and gas boilers • Waste heat recovery • Air pollution control systems • Pyrolysis solutions for bio-oil production • LignoBoost for lignin extraction • Steam treated pellets production lines • Biomass prehydrolysis for further refining to fuels or chemicals
27.
2015 © Valmet27 Our
paper technology offering Board and paper Tissue Board and paper production lines – Recycled fiber lines – Tailor made OptiConcept machines – OptiConcept M modularized machines Rebuilds – Modernizations and grade conversions Stand-alone products – From stock preparation to roll handling Over 200 tissue lines delivered Tissue production lines – Advantage DCT – Advantage NTT – Advantage Thru Air (TAD) Rebuilds Stand-alone products – e.g. Yankee cylinders Over 1,600 board and paper machines delivered
28.
2015 © Valmet28 Our
services offering Mill and plant improvements Spare, wear and replacement parts and equipment Roll services and consumables Paper machine clothing and filter fabrics Services for evaporation plants, power and recovery boilers Services for environmental equipment Maintenance outsourcing Over 2,000 customer mills and plants served globally Comprehensive life-cycle services:
29.
Our automation offering 2015
© Valmet29 Pulp and paper Energy Oil and gas Marine Distributed Control System (DCS) – Valmet DNA Performance solutions Quality Control System (QCS) Profilers Analyzers and measurements Industrial internet solutions Automation services Process simulators Safety systems and solutions Over 4,500 automation systems and over 40,000 analyzers and measurements delivered Advanced automation and process monitoring solutions and services:
30.
Valmet’s unique offering
provides strong basis for Industrial Internet 2015 © Valmet30 Process technology Our intelligent machines form a good basis for the Industial Internet Services We use Industrial Internet to bring our unique expertise and efficient services to our customers Automation Our automation is the secure information platform between people, intelligent technologies and services
31.
Our unique offering
is fully integrated into Industrial Internet 2015 © Valmet31 • Distributed control systems • Advanced process control solutions • Quality control solutions • Data communication • Vision systems, instrumentation and analyzers Control and instrumentation • Process visualization • Information and historian platform • Energy management • Control performance On-site visualization and analytics • Advanced Analytics • Performance optimization • Remote Support • Maintenance planning • Remote condition monitoring Remote Services • Pulping and Recovery • Heat and Power generation • Board and Paper making • Tissue making Process technology and expertise
32.
2015 © Valmet32 Industrial
Internet and remote services offering - today and in the near future Offering today: • Fully automated, intelligent machines with connectivity for Industrial Internet • The Valmet DNA automation platform connects instruments, analyzers, vision systems and process controls • Advanced Process Control enables real time optimization of core processes • Expert support locally and through remote services • Performance optimization and support agreements Development in the next few years: • Growing fleet of intelligent machines and mills leveraged • More diagnostics embedded into processes • Next generation analytics introduced to selected processes • Valmet DNA evolves to include virtual and cloud-based applications and services • Integrated customer portal and mobility enable secure access to all information and expertise anytime and anywhere • Advanced benchmarking and best practice sharing tools
33.
Our R&D work
is based on customer needs 33 Customers’ needs • Increase production efficiency • Improve competitiveness • Maximize value of raw materials • Widen raw material base • Provide high-value end products • Develop new innovations and technologies Valmet’s R&D focus • Ensure advanced and competitive technologies and services • Enhance raw material, water and energy efficiency • Promote renewable materials Valmet’s R&D resources • 16 own R&D centers and pilot facilities • Annual R&D spend about EUR 50 million • Around 1,800 protected innovations • Cooperation with universities and research institutions 2015 © Valmet
34.
Our R&D focus
areas Ensure advanced and competitive technologies and services: – We develop cost competitive, leading production and automation technologies and services Enhance raw material, water and energy efficiency: – We combine process technology, automation and services to reduce raw material, water and energy consumption in customers’ production processes Promote renewable materials: – We develop solutions to replace fossil materials with renewable ones and to produce new higher-value end products 2015 © Valmet34
35.
Examples of our
R&D results 1(2) 2015 © Valmet35 Advantage NTT tissue machineOptiConcept M board and paper machine Cost-efficient, high-quality, safe and flexible board making concept Significant savings in energy, water and raw material use – Energy efficiency improvement up to 30% Modular and compact size – Short delivery times, quick start-ups, and less production space Functional design brings increased safety and accessibility High flexibility and energy efficiency – Swing from production of conventional to textured tissue in a few hours – Low energy consumption Premium product quality Fiber savings – 10–30% less fiber consumption High speed and capacity – 2,000 m/min in conventional mode, 1,800 m/min in textured mode 10 OptiConcept M machines sold 5 Advantage NTT machines sold
36.
Examples of our
R&D results 2(2) 2015 © Valmet36 LignoBoost – lignin separation technologyHigh Power RECOX – recovery boiler High power production recovery boiler for pulp production processes The most efficient recovery boiler in the world – e.g. high steam values, preheating of feed water and combustion air, flue and vent gas heat recovery Significant increase in electricity production – Amount of electricity can by increased by about 20 % No need for fossil fuels – including star-ups and shutdowns Lignin is one of woods main components with high thermal value LignoBoost technology for separating lignin in chemical pulp production process out of black liquor – Possibility to debottleneck pulp production process – Creating a separate product / raw material Lignin can be used as fuel or as a raw material for other products and materials First delivery to Metsä Fibre Äänekoski project 2 Delivered plants: Domtar and Stora Enso
37.
Customer highlights
38.
Recent order highlights 2015
© Valmet38 Key pulp mill technology to OKI Pulp & Paper Mills South Sumatra, Indonesia Boiler plant to Turun Seudun Energiantuotanto Naantali, Finland Pulp mill rebuild and new equipment to Södra Cell Värö, Sweden Boiler plant to Hamburger Hungaria Power Dunaujvaros, Hungary Two pulp drying lines to Klabin Ortigueira, Paraná, Brazil Chemi-mechanical pulp (BCTMP) and a board production line to Stora Enso Beihai, Guangxi, China Biomass based power plant to Skövde Värmeverk Skövde, Sweden OptiConcept M board line to Pratt Industries Valparaiso, Indiana, USA Folding boxboard line to Metsä Board, Husum, Sweden Paper machine rebuild to Stora Enso Varkaus, Finland Complete boiler plant, to ArcelorMittal, Ostrava, Czech Republic Flue-gas cleaning system to Helen Salmisaari CHP plant, Helsinki, Finland Advantage DCT tissue line to Absormex CMPC Tissue Mexico Advantage NTT tissue line to Von Drehle Corporation Natchez, Mississippi, USA Two Advantage DCT tissue lines and Valmet DNA to Lee & Man Manufacturing, China Advantage TAD tissue line to First Quality Tissue, Anderson, South Carolina, USA Pulp mill key technology to Metsä Fibre Äänekoski, Finland G2 pulp cooking system to Clearwater Paper's Lewiston Mill, USA Advantage NTT tissue production line to Renova, Torres Novas, Portugal Multi-year consumables and roll service agreement with Stora Enso Kvarnsveden, Sweden OptiConcept M paper making line to Lee & Man Manufacturing, Jiang Xi, China Key technology for a pulp mill rebuild SCA Östrand, Sweden
39.
Key technology to
bioproduct mill New bioproduct mill with 1.3 million tonnes pulp production – EUR 1.2 billion investment is the largest investment of the forest industry in Finland Valmet delivers key technology – Recovery boiler, pulp drying line, gasification plant, lime kiln and a mill wide Valmet DNA automation system – Production at the new mill is scheduled to begin during the third quarter of 2017 Maximized bioenergy utilization – Lime kiln fuelled by biogas from gasification plant – High power features in recovery boiler → mill is able to sell more bioelectricity to the market compared to own consumption 2015 © Valmet39 Metsä Fibre, Äänekoski, bioproduct mill Finland Photo: Metsä Group – illustration of the new bioproduct mill
40.
Major rebuild and
new equipment for a pulp mill Södra Cell’s Värö pulp mill – Over EUR 400 million investment – Production capacity increase from 425,000 tons to 700,000 tonnes per year Valmet delivers major rebuild and some new equipment – New cooking plant and upgrades of wood handling, fiber line, evaporation plant, recovery boiler, recausticizing, flash dryer, pulp dryer and baling. – Earlier also new lime kiln technology implemented at the mill by Valmet Work proceeding according to schedule – all upgrades planned to be completed in Q3/2016 © Valmet40 Södra Cell’s Värö pulp mill Varberg, Sweden Photo: Ola Åkeborn / Södra 2015
41.
Major pulp mill
expansion 2015 © Valmet41 CMPC Celulose Riograndense, Guaíba II pulp mill Brazil CMPC Guaíba pulp mill second line – Annual production capacity 1.3 million tonnes of bleached eucalyptus market pulp – Addition to the old fiber line of 0.5 million tonnes Valmet delivered technology – Cooking plant and fiber line, pulp drying and baling – Chemical recovery with evaporation, power boiler, recovery boiler, causticizing and lime kiln – Non-condensable gas treatment system Valmet delivered automation system – Integrated Valmet DNA automation solution – Operator training simulator
42.
One of the
world's largest pulp mills 2015 © Valmet42 Suzano Papel e Celulose pulp mill Imperatriz, Maranhão, Brazil The Suzano Maranhão pulp mill – Annual production capacity 1.5 million tonnes of bleached eucalyptus market pulp Valmet delivered complete pulp mill technology – Wood handling, cooking plant and fiber line, pulp drying and baling, evaporation, power boiler, recovery boiler, causticizing and lime kiln Valmet delivered mill wide automation system – Integrated mill wide DCS with 40,000 I/O’s, QCS and Profilers – Web runnability monitoring and Condition monitoring
43.
OptiConcept M board
production line New board production line started up in 2014 – 300,000 tonnes per year – 100% recycled fluting grades Valmet delivery – OptiConcept M boardmaking line – Complete mill engineering, installation and supervision services related to commissioning, testing and start-up Excellent combination of high quality, productivity and low operating costs 2015 © Valmet43 Siam Kraft Industry Co., Ltd. In SCG Paper, Bang Pong mill, PM 16 Ratchaburi, Thailand
44.
Greenfield containerboard machine,
automation and long-term service partnership Greenfield containerboard mill with annual capacity of 400,000 tonnes, replaces 3 old mills – New mill bring cost savings and increases water and energy efficiency Extensive automation solutions – Automation and information management systems – Quality Control System, profilers, analyzers and condition monitoring system Long-term services partnership – Valmet has full responsibility for mill maintenance – Process support agreement and consumables contract 2015 © Valmet44 Orora, Botany B9, Board Mill Australia
45.
Paper machine grade
conversion rebuild Conversion from fine paper to lightweight containerboard grades Valmet delivers extensive paper machine rebuild – New headbox, rebuilds of forming section, press section, dryer section, calender, reel and winder – Containerboard machine is scheduled to start up during Q4/2015 Grade conversion rebuild enables adjusting to global market changes – Decrease in printing and writing papers and increase in renewable packaging board demand 2015 © Valmet45 Stora Enso, Varkaus PM 3 Finland Photo: Stora Enso
46.
New machine for
folding boxboard production Metsä Board invests in new folding boxboard production line at Husum mill, Sweden. – The new machine will produce high-quality folding boxboard with an annual capacity of 400,000 tons. – The start-up of the machine is scheduled for the beginning of 2016. Valmet delivers new technology and rebuild of selected machine parts – New wet end of the latest OptiConcept M design with headboxes, forming section and press section – Rebuild of the off-machine coater, winder and the roll wrapping line. 2015 © Valmet46 Metsä Board, Husum BM1 Sweden Photo: Metsä Group
47.
High efficiency tissue
technology Fabrica Papel de San Francisco, Tissue mill Mexico 201547 New tissue production line – Annual tissue production 30,000 tonnes Valmet’s Advantage NTT tissue technology provides high quality combined with fiber and energy efficiency – Flexibility between plain and textured tissue production – High tissue bulk and softness properties Less energy consumption compared with conventional or structured tissue grades. © Valmet
48.
Automation for refineries
Neste Oil produces renewable diesel with NExBTL production technology Valmet deliveries to Singapore and Rotterdam refineries – Each plant is controlled by two Valmet DNA automation systems Redundancy for all the major system parts Integrated to safety and reporting systems – Field device management is controlled by Valmet DNA Field Device Manager Also, Neste Oil Porvoo and Naantali refineries in Finland are controlled by Valmet DNA 2015 © Valmet48 Neste Oil renewable diesel refinery Singapore
49.
Biomass based power
boiler and automation solutions Biomass based combined heat and power plant – Valmet delivered HYBEX power boiler, flue- gas cleaning and fuel handling systems – Plant-wide Valmet’s automation and information management system, BFB combustion optimizer and fuel handling controls Fully integrated information management, environmental monitoring and reporting Results reached with Valmet DNA automation solution: – Efficient process control, reporting and communication – User-friendly interface enables efficient operations and quick decision making to maintenance needs 2015 © Valmet49 Dalkia, Facture power plant, France 50 MW electricity and 74 MW process steam
50.
Lingnin separation as
part of pulp mill process LignoBoostTM lignin separation process connected to pulp mill chemical recovery – Lignin can be utilized as renewable fuel replacing fossil fuels and as new bio-material for many industries Domtar Plymouth, USA Annual yield of 25,000 tons lignin – Decreased use of fossil fuel – Increase of pulp production capacity by 5% and efficiency by off- loading the recovery boiler – Domtar sells recovered lignin as BioChoiceTM product Stora Enso Sunila mill in Finland LignoBoost plant produces 50,000 metric tons of dried lignin per year 2015 © Valmet50 Domtar Plymouth, North Caroline, USA Stora Enso Sunila, Kotka, Finland
51.
Gasification plant for
energy production Circulating fluidized bed (CFB) gasification Partial or complete fuel change in existing power plants or in industrial furnaces – from fossil fuels to biomass High efficiency Waste-to-Energy technology for electricity production Vaskiluodon Voima combined heat and power (CHP) plant: The world’s biggest CFB gasification plant – The gasifier is integrated with the existing coal-fired plant. – Possible to replace 25-40 percent of the coal with local biomass, mainly forest residues. Lahti Energia, Kymijärvi II: Gasification plant that converts waste into product gas – Reduction of fossil fuels and emissions – 170,000 tonnes of coal replaced by waste-fuelled energy 2015 © Valmet51 Vaskiluodon Voima, Finland Lahti Energia, Kymijärvi II, Finland
52.
Summary
53.
Valmet - Summary
A leading technology, automation and services provider for pulp, paper, energy industries – Unique offering with process technology, automation and services 12,000 professionals serving global customer base Net sales EUR 2.8 billion (illustrative for 2014) – Almost half of the sales from stable Services and Automation businesses – Increasing demand of tissue, board, pulp and energy creates long-term growth possibilities Vision to become the global champion in serving our customers Delivering state of the art technology, automation and services to customers around the world 2015 © Valmet53
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