Valmet and Metsä Fibre have signed a letter of intent according to which Valmet will deliver key technology to Metsä Fibre’s planned Äänekoski bioproduct mill in Finland. The letter of intent covers recovery boiler, pulp drying line, gasification plant, and lime kiln deliveries. The delivery also includes a mill wide Metso DNA automation system.
The contract is subject to Metsä Fibre’s investment decision. Metsä Fibre has announced that if the prerequisites for the investment are met, the decision on the construction of the bioproduct mill will be made during this spring, meaning that production at the new mill would begin in 2017.
The estimated value of Valmet’s anticipated delivery, which includes only the core equipment supplied by Valmet, is about EUR 125-150 million.
“This technology delivery for the Metsä Fibre Äänekoski project is a good sign of Valmet’s competiveness and technological innovativeness. We are delighted to be able to continue our good and long cooperation with Metsä Group and Metsä Fibre,” says Pasi Laine, President and CEO of Valmet.
Important employment impact
Valmet’s anticipated delivery for Metsä Fibre’s planned bioproduct mill will have an important employment impact on Valmet and its subcontractors. The employment impact of Valmet’s project delivery is expected to be around 250 man years, out of which half in Finland.
“In projects like Äänekoski, we can utilize our know-how in pulp and bioproduct technology. In addition to bringing work to us our delivery also employs many other suppliers in the Nordics and Europe for engineering, manufacturing and installation. This delivery would employ Valmet employees especially in Finland, in the cities of Tampere, Ulvila, Jyväskylä and Raisio,” says Bertel Karlstedt, Pulp and Energy Business Line President from Valmet.