Valmet and CMPC have finalized the agreement for major technology and automation delivery for Guaíba pulp mill’s modernization project in Brazil – Yahoo Finance

Valmet and CMPC have finalized the agreement for major technology and automation delivery for Guaíba pulp mill’s modernization project in Brazil – Yahoo Finance

Valmet Oyj’s press release on November 5, 2021 at 11:00 a.m. EET

HELSINKI, Nov. 5, 2021 /PRNewswire/ — Valmet and CMPC have finalized the agreement of which Valmet and CMPC signed a letter of intent in September 2021 (Valmet’s press release on September 20, 2021). According to the agreement, Valmet will deliver key technology and automation for CMPC’s BioCMPC project. The target is to modernize and increase the production capacity of the Guaíba pulp mill’s line 2 from 1.5 million ADt/y (air dry tonnes per year) to 1.85 million ADt/y. The upgraded mill is expected to start operation in the fourth quarter of 2023.

The order is included in Valmet’s orders received of the fourth quarter 2021. The value of the order is not disclosed.

BioCMPC project’s main targets are to both increase the sustainability of the pulp mill and modernize the production technology. The project will include new control and environmental management measures across the mill. The project has been carefully designed, based on CMPC’s mission to sustainably produce and market wood, pulp, paper and tissue products of first-rate quality that are competitive, add value and create development opportunities for its employees and local communities.

“CMPC has chosen the most environmentally efficient and sustainable solutions. Valmet’s delivery offers the full benefits of our unique offering consisting of process technology, automation and services. We will continue the excellent cooperation by improving the mill performance and including more industrial internet solutions combined with expert services on site and remotely,” says Celso Tacla, Area President, South America, Valmet.

“We provide the mill with our latest technological innovations designed for high efficiency which will allow the mill to be one of the most sustainable mills in Brazil with low environmental impact. The project will have a significant employment impact both for our engineering, production and project execution in Brazil and the Nordics,” says Bertel Karlstedt, Business Line President, Pulp and Energy, Valmet.

“Valmet was chosen to be the key technology and automation provider for the BioCMPC project, and we are very happy to participate in this innovative and modern project. All equipment and solutions included in this project represent proven technology that provides better environmental performance and …….

Source: https://finance.yahoo.com/news/valmet-cmpc-finalized-agreement-major-103400483.html

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