Valmet's delivery will include modernization of key sections of the paper machine. The rebuild targets the highest end product quality and efficient production.

"Thai Paper and our partner, Nippon Paper Industries Co. Ltd., selected Valmet based on their innovative technology and proven track record on successful rebuilds which align well with our target to produce high-value added products such as high quality glassine paper to cater the growing demand for label in the domestic and regional markets," says Panthep Supachaiyakit, Managing Director, Thai Paper Company Limited.

The rebuilt production line will start-up during the fourth quarter of 2015. The value of the order is not disclosed. The value of paper machine rebuilds depends on the scope of the delivery. This kind of rebuild is typically valued around EUR 20 million.