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Valmet signs contracts with Arauco for previously announced pulp mill project in Brazil worth over €1B; company to supply complete mill, automation, flow control solutions in Inocência, Mato Grosso do Sul

Oct 29, 2024 Press Release 1 min read

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October 29, 2024 (press release) –

Inside information: Valmet confirms signing contracts for previously announced project with Arauco

Valmet Oyj’s stock exchange release (inside information) on

On September 25, 2024, Valmet announced that Arauco had selected it as the supplier for a complete pulp mill including full-scope automation and flow control solutions. The new mill will be built in Inocência, in the state of Mato Grosso do Sul, Brazil.

Valmet now confirms that the supply contracts have been officially signed. This order will be booked in Valmet’s Q4 2024 orders received. As earlier announced, the value of the order for Valmet is over EUR 1 billion.

Further information, please contact:

Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET

Katri Hokkanen

CFO

Pekka Rouhiainen

DISTRIBUTION:

Nasdaq Helsinki

Major media

www.valmet.com

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2023 were approximately EUR 5.5 billion.

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