Valmet to supply key pulp and paper technologies to Naini Papers in India

(Información remitida por la empresa firmante)

Valmet Oyj's press release on August 31, 2023 at 9:30 a.m. EEST

ESPOO, Finland, Aug. 31, 2023 /PRNewswire/ -- Valmet will deliver key technologies, automation and services to Naini Papers' cooking and fiberline rebuild and new specialty paper machine PM 3 at their mill in Kashipur, India. The delivery will increase the mill's capacity and support meeting the market demand of specialty coated paper. The delivery is scheduled for the first quarter 2025.

The order was included in Valmet's orders received of the second quarter 2023. The value of the order will not be disclosed, but a delivery of this size and scope is typically valued between EUR 40 and 60 million.

"We have been successfully collaborating with Valmet in many projects, including pulp mills, and decided to choose them again for this rebuild expanding our pulp production capacity. The additional pulp will be used in the upcoming PM 3. We see big potential for specialty coated paper in the Indian market and are eyeing the environment-friendly flexible packaging segment. The paper produced by the PM 3 can replace plastics in packages," says Pawan Agarwal, Managing Director, Naini Papers Limited.

"We're delighted that Naini Papers chose Valmet again as the supplier of their project. Our sustainable technologies, references, local presence and trust built through the projects and various pilot trials at the Valmet R&D center were the keys to win the order. India is a growing market for specialty grades and Naini Papers has taken the right step forward to be a leading player in this segment," says Varun Jain, Director, India Region, Asia Pacific, Valmet.

Technical information about the delivery

The cooking and fiberline rebuild targets to increase the capacity from the current 300 bone dry tonnes per day (BD t/d) to 370 BD t/d. The delivery includes key process equipment, such as a SuperBatch digester, a TwinRoll Press, a bleach plant upgrade, and other auxiliary equipment. Basic engineering, detailed process engineering and site services are included. The automation package includes analyzers and measurements for the fiberline, such as Kappa number, brightness, residual chemical, white liquor to cooking and residual alkali, as well as pulp consistency. The spare parts package includes critical spares and consumables for the start-up of the equipment.

The specialty coated paper machine PM 3 is the first of its kind in India, with a design speed of 1200 m/min, producing mainly woodfree coated and uncoated grades with a basis weight range of 40170 g/m². The raw material used will be mainly hardwood pulp, with an option to mix bale softwood and precipitated calcium carbonate as filler. The paper machine delivery includes all key technologies from headbox to reel, air systems and winder, as well as Valmet Industrial Internet applications and spare part packages.

Information about Naini Papers Limited

Naini Papers Limited, founded in 1995, is one of the few premier paper manufacturing companies in India. Naini Papers offers high quality writing and printing papers with improved physical and optical properties. Naini Papers is a market leader in producing single layer cup stock for the manufacturing of paper cups and saturating kraft for the manufacturing of laminates.

For further information, please contact:Marko Oinonen, Sales Director, Asia Pacific, Board and Paper Mills, Paper business line, Valmet, tel. +358 50 562 7240Fredrik Willgottson, Vice President, Pulp & Energy, Asia Pacific, Valmet, tel. +66 61384 7911

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet's net sales in 2022 were approximately EUR 5.1 billion.

Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.

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