May 8, 2023
(press release)
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Valmet will supply extensive automation solutions to Jinbaoshi New Material Development Co., Ltd. for its PM3. This board production line will start up in the end of 2023. The investment includes Valmet DMM condition monitoring system for whole line, Valmet IQ Quality Control System (QCS), Valmet IQ Web Monitoring System and Valmet Web Break Detectors, aiming at improving production performance and end-product quality. The order is included in Valmet's orders received of the first quarter 2023. Its value will not be disclosed. “Valmet has lots of successful references in pulp and paper industry and is renowned for its carbon neutral solutions. We are confident Valmet’s advanced control system and process know-how will lift our technology level and runnability to ensure we stay competitive in the market. We will utilize Valmet Automation solutions to move to a greener mill. “ Mr. Li Zengsuo, President, Jinbaoshi New Material Development Co., Ltd. “ This is our first project with Jinbaoshi, which is a pioneer paper maker in Hebei province. With a forward-looking operation concept, it highly focuses on operational efficiency and product quality with minimized environmental impact. Valmet has wide scope solutions can support our customers achieve success in an all-round way, That is why Valmet is selected. We are very happy to be the reliable partner in this project and looking forward to more cooperations in the future”. Said Chuang Zhao, Area Sales Manager, Automation Solutions, China, Valmet. Photo: Zhang Yanchuan, Vice President, Automation Solution Business Line, China, Valmet (Left) and Mr. Li Zengsuo, President, Jinbaoshi Group(right) signing the contract. About Jinbaoshi New Material Development Co., Ltd. Jinbaoshi Group is a group company integrating R&D and sales of new packaging materials, heating production and supply, household waste incineration and power generation, it has more than 360 employees and more than 150 professional and technical specialists. Since 2017, it has been ranked as one of the top 100 tax-paying enterprises in Xingtai City for many consecutive years, and won the provincial Civilized Enterprise in 2020. VALMET For further information, please contact: Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our 17,500 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day. The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. Valmet’s net sales in 2022 were approximately EUR 5.1 billion. Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland. 
Corporate Communications
Chuang Zhao, Area Sales Manager, Automation Solutions, China, Valmet. +8615689720912
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