Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp, paper and energy industries.
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20 Facts About Valmet
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2.
Valmet has over 200 years of history as an industrial operator.
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3.
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.
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4.
Valmet's services include maintenance outsourcing, mill and power plant improvements, and spare parts.
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5.
Valmet provides technology for pulp, tissue, board and paper mills and bioenergy plants.
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6.
Valmet has operations in more than 40 countries and it employs about 17,000 people.
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7.
Several of the companies forming part of the new Valmet Corporation that was born in the 2010s date back to the 19th century.
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8.
Valmet began manufacturing paper machines at the former Rautpohja artillery works in Jyvaskyla, Finland in the early 1950s and delivered its first paper machine in 1953.
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9.
Valmet became a paper machine supplier of international importance in the mid-1960s, when it delivered several machines to the world's leading paper industry countries.
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10.
In 1986, Valmet sold its shipbuilding operations to Wartsila Oy, which merged them with its own shipyards to form Wartsila Marine.
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In connection with the shipyard transaction, Valmet bought from Wartsila a paper finishing machinery unit located in Jarvenpaa, Finland.
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13.
Valmet sold its tractor, forest machine and transportation vehicle manufacturing operations to Sisu Auto in 1994.
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14.
At the time of the merger, Valmet was a paper and board machine supplier, while Rauma focused on fiber technology, rock crushing and flow control products.
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15.
Valmet holds positions of trust at Piab Holding, Grundfos Holding and Trelleborg, among others.
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16.
Valmet completed a EUR 340 million transaction with Metso to purchase its process automation system and service unit.
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17.
In July 2015, Valmet announced the acquisition of Massimiliano Corsini's tissue paper rewinding business.
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18.
In September 2019, Valmet announced building a new pilot facility at its Fiber Technology Center in Sundsvall, Sweden to strengthen the company's research and development capabilities related to bioenergy, biofuels, and biochemicals.
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19.
Valmet's operations are divided into five geographical areas: North America, South America, EMEA, China, and Asia-Pacific.
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20.
Valmet operates in some 40 countries and employs 17,000 people.
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