Valmet to supply key technologies for Cheng Loong's new board machine in Vietnam
(Thomson Reuters ONE) -
Valmet Oyj's press release on September 9, 2016 at 11:00 a.m. EET
Valmet will supply Cheng Loong Binh Duong Paper Company with key process
technology for its new BM 1 containerboard machine to be located in the
company's Ben Cat mill in Binh Duong Province in Vietnam. Valmet's delivery
includes a headbox, forming and press sections, a winder and quality measurement
system.
The order is included in Valmet's third quarter 2016 orders received. The value
of the order will not be disclosed. The value of an order of this type is
typically EUR 15 - 20 millions.
Cheng Loong decided to invest in this new recycled containerboard mill and box
plant aiming to tap into Vietnam's growing packaging demands. The start-up of
the greenfield machine is scheduled for the beginning of 2018.
"The containerboard market is growing globally driven by increasing e-commerce
and new packaging applications. Valmet has developed a number of excellent
solutions to meet the market needs. Energy efficiency, high board quality and
very good productivity are among the most important highlights of Cheng Loong's
board machine," says Jari Vähäpesola, President of Paper Business Line, Valmet.
Technical details of the delivery
Valmet's delivery for the new containerboard machine will include equipment for
approach flow system, a new OptiFlo Fourdrinier headbox to ensure higher
productivity, OptiFormer Hybrid forming section with blade technology and a
center-roll based OptiPress press section with modern shoe press technology for
high dryness to improve energy efficiency. Forming section is equipped with a
VacuMaster high-vacuum suction box to significantly improve dryness, thus,
energy efficiency. OptiWin Drum two-drum base winder has a high capacity to meet
the production needs of BM 1 and it is also easy to operate. The delivery will
also include Valmet IQ quality measurement system (QCS) to optimize production
process and to maximize production.
"Cheng Loong wanted to have a reliable supplier with high-level technology for
its greenfield machine. Technology-wise, a headbox, forming and press sections
are key solutions in order to secure high energy and production efficiency in
containerboard manufacturing. A reliable winder with high capacity is essential
for such a containerboard machine. With earlier successful deliveries to Cheng
Loong (the latest in Taiwan), Valmet has proven to be able to respond to Cheng
Loong's needs," comments Petteri Soini, Senior Sales Manager of Valmet.
The 6,250 mm wide (wire) BM 1 will produce recycled fluting with a basis weight
range of 90 - 180 g/m(2) at maximum speed of 1,000 m/min. The annual production
of BM 1 is 260,000 tonnes.
Information about the customer Cheng Loong Binh Duong Paper Company
Cheng Loong Binh Duong Paper Company is part of Cheng Loong Corporation, which
was established in 1959. The company has four paper mills, seven box plants and
a business form plant. It has also established manufacturing and sales sites in
China, Vietnam, Japan, and the United States. Its annual production capacity is
2.12 million metric tonnes in paper and paperboard and nearly 2 billion square
meters in converting products.
VALMET
Corporate Communications
For further information, please contact:
Jari Vähäpesola, President, Paper Business Line, Valmet, tel. +358 10 672 5260
Petteri Soini, Senior Sales Manager, Paper Mills, Valmet, tel. +358 40 565 6293
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
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valmet via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 09.09.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 493790
Anzahl Zeichen: 5243
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Kategorie:
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