The rebuilt containerboard machine is scheduled to start up during the fourth quarter of 2015. The value of the order is around EUR 30 million. The order is included in Valmet's second quarter 2014 orders received.

"This delivery is an excellent and innovative response to the structural change the paper industry is facing. By rebuilding the existing fine paper machine with new key components Valmet can provide the customer with a value-adding solution that enables operations to continue in Varkaus," says Jari Vähäpesola, Paper Business Line President, Valmet.

The employment impact of Valmet's project is expected to be in total around 100 man years of which main part in Finland. Valmet's delivery will include a new headbox, forming section rebuild including Fourdrinier extension with new top forming unit, press section rebuild with new SymBelt press nip as well as rebuilds of dryer section, calender, reel and winder. The delivery will also include related air system as well as equipment for stock preparation area.