Valmet
 |
|
| Julkinen osakeyhtiö | |
| Traded as | Nasdaq Helsinki: VALMT |
| Industry | Services, Pulp and Energy, Paper and Automation |
| Founded | 2013 |
| Headquarters | Espoo, Finland |
|
Key people
|
Bo Risberg (Chairman), Pasi Laine (President and CEO) |
| Revenue | €2.928 billion (2015) |
| €120 million (2015) | |
| Profit | €78 million (2015) |
| Total assets | €2.894 billion (end 2015) |
| Total equity | €855 million (end 2015) |
|
Number of employees
|
12,306 (end 2015) |
| Website | www.valmet.com |
The Valmet Corporation is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp, paper and energy industries. Valmet’s history as an industrial operator stretches back over 200 years. Formerly owned by the State of Finland, Valmet was reborn in December 2013 with the demerger of the pulp, paper and power businesses from Metso Corporation. Valmet is organized around four business lines: Services, Pulp and Energy, Paper, and Automation. Valmet's services include maintenance outsourcing, mill and power plant improvements and spare parts. The company provides technology for pulp, tissue, board and paper mills and bioenergy plants. In the area of automation, Valmet's solutions range from single measurements to mill wide turnkey automation projects. Valmet's operations are divided into five geographical areas: North America, South America, EMEA, China, and Asia-Pacific. Valmet has operations in approximately 30 countries and it employs 12,000 people. Its headquarters are located in Espoo, and it is listed on the . In 2015, Valmet's net sales totaled EUR 2.9 billion.
Valmet has four business lines – Services, Automation, Pulp and Energy, and Paper.
Valmet's Services business line carries out mill improvements and upgrades and offers paper machine roll and clothing services, filter fabrics, spare parts and life cycle services. Services' customers mostly operate in the fields of pulp, paper, and energy production. More than 2,000 of the world's 3,800 pulp and paper mills are Valmet's customers. The business line aims to improve the reliability, cost efficiency, capacity and quality of its customers' operations by offering solutions to reduce emissions, enhance the safety of operations, and use energy, water and raw materials more efficiently. Valmet has a global network of 70 service centers. The most important market areas of the Services business line are EMEA and North America.
Valmet's Automation business line provides automation solutions that range from single measurements to mill wide turnkey automation projects. Its main products include analyzers and measuring devices, automation systems, vision systems, quality control systems and performance and service solutions. The main customer groups are the pulp and paper industry, other process industries, energy companies, the marine industry and the oil and gas industries. More than 1,000 power plants use Valmet's process automation solutions. The unit aims to improve its customers' profitability by enhancing their production operations and improving their energy, material and cost efficiency.
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