Valmet delivers a chipping line and defibrator system to Greenply in India

Valmet delivers a chipping line and defibrator system to Greenply in India

ID: 477776

(Thomson Reuters ONE) -


Valmet Oyj's press release on June 15, 2016 at 11:00 a.m. EET

Valmet will deliver a chipping line and defibrator system for MDF (medium-
density fiberboard) production to Greenply Industries Ltd's new fiberboard mill
in Routhu Suramala, Mandal in Andhra Pradesh state, India. The target is to
produce the first MDF board in mid-August 2017.

The order was included in Valmet's first quarter 2016 orders received. The value
of the order will not be disclosed. An order with this scope of supply is
usually valued in the range of EUR 5-10 million.

"We decided to place the order with Valmet because the solution they offered
will minimize our operational costs and secure a high quality end product.
Having Valmet equipment at our existing plant, and our positive experience with
them, has made us prefer to go with Valmet again for our new plant equipment
supply. Valmet's strong service support and domestic presence in India is truly
a beneficial factor for Greenply," says Shobhan Mittal, CEO at Greenply.

"We at Valmet offer local services and latest technology to our customers in
India. Greenply is an old customer to us, and we highly value the long-term
partnership with them. This will be the first time our new drum chipper is
installed and we are really excited about that," says Leif Sundberg, Sales
Manager at Valmet.

Technical details about the delivery
The delivery includes front end system consisting of a chipping line and a
defibrator system. The chipping line is equipped with Valmet's new high capacity
drum chipper and a separate line handling the purchased chips. It also includes
chip storing, screening, control system, chip washer and a Defibrator system of
type EVO 70. The new drum chipper produces uniform chips from for example round
wood, waste wood, slabs, trimmings, edges and veneer residuals. With safe and




innovative design the machine maintenance is easy and the heavy duty design
leads to long operational life time.

Illustration of the front end system to be delivered to Greenply Industries
Limited

About the customer Greenply Industries Limited
GreenPly Industries Limited (GIL) is India's largest interior infrastructure
company and count for almost 36% of the organized plywood market in India.



VALMET
Corporate Communications


For further information, please contact:
Leif Sundberg, Sales Manager, Pulp and Energy Business Line, Valmet tel.
+46 70 606 55 47.

Mika Kokki, Director, Sales, Pulp and Energy Business Line, Valmet tel.
+358 50 317 1569.



Valmet is the leading global developer and supplier of process technologies,
automation and services for the pulp, paper and energy industries. We aim to
become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper
production lines, as well as power plants for bioenergy production. Our advanced
services and automation solutions improve the reliability and performance of our
customers' processes and enhance the effective utilization of raw materials and
energy.

Valmet's net sales in 2015 were approximately EUR 2.9 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 Helsinki.

Read more www.valmet.com, www.twitter.com/valmetglobal


IMAGE: Illustration of the front end system:
http://hugin.info/149898/R/2020707/750581.jpg

IMAGE: Valmet drum chipper:
http://hugin.info/149898/R/2020707/750582.jpg



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Valmet via GlobeNewswire
[HUG#2020707]




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Bereitgestellt von Benutzer: hugin
Datum: 15.06.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 477776
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