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New Valmet-delivered Pulp Drying Lines Started Up at Klabin

Espoo, Finland 04 May 2016 -- Two new pulp drying lines, delivered by Valmet, have been started at Klabin's new pulp mill located in Ortigueira city, Paraná state in Brazil. The first pulp bale was produced according to schedule on March 4th, 2016.

Klabin's new pulp mill will have the capacity to produce 1.5 million tons of pulp per year, with 1.1 million tons of bleached hardwood pulp (BEK) made of eucalyptus and 400,000 tons of bleached softwood pulp (BSK) made of pine. Part of the softwood will be converted into fluff pulp, making the mill the world's only pulp mill designed to produce the three fibers.

"The hardwood pulp drying machine that we delivered to Klabin produced the first bale according to the contract schedule. This is a great achievement to our team who has worked hard to build one of the biggest drying machines in the world, with 9.5 meters width. Now the two biggest drying machines in the world are running in Brazil, both supplied by Valmet," says Norbert Schwarz, Project Manager at Valmet.

"Klabin thanks its financers, suppliers, partners and employees for their effort in ensuring the feasibility and realization of this project, which is the largest investment in its history," the company stated in a notice to the market after the first pulp bales had been produced.

About the customer Klabin S.A.

Klabin, Brazil's largest paper producer and exporter, is the leading manufacturer of paper and board for packaging, corrugated board packaging, industrial sacks and timber in logs. Founded in 1899, it has 15 industrial units in Brazil and one in Argentina. Klabin is organized into four business units: Forestry, Pulp, Paper (paperboard, kraft paper and recycled) and Packaging (corrugated board and industrial sacks).

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.


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