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Valmet Signs Long-Term Service Co-Operation Agreement with Ittihad Paper Mill, Abu Dhabi

Wednesday, March 14, 2018

Press release from the issuing company

Espoo, Finland – Valmet and Ittihad Paper Mill LLC have signed an agreement on a long-term service co-operation at the new Ittihad Paper Mill in Abu Dhabi, United Arab Emirates.

The Ittihad Paper Mill is in the process of constructing a 320,000 tpa (tons per annum) new fine paper machine, supplied by Valmet, which will be starting up in late 2018.

According to the agreement, Valmet will provide the Mill with production support and productivity optimization, maintenance management with all maintenance systems and procedures, delivery and optimization of spare parts as well as paper machine parts and consumables.

The objective of the agreement with Valmet is to ensure top productivity and competitiveness through world-class maintenance and service operations at the Ittihad Paper Mill.

"Valmet as the main supplier and technology partner of choice, combined with their expertise in maintenance management provides the best platform for the successful start-up and operation for this state-of-the-art project, the largest of its kind in the region," states Mr. Abdullah Al Khateeb, Ittihad Paper Mill General Manager.

To ensure the highest possible equipment efficiency with cost optimization, Valmet's mill maintenance service will take full advantage of the following models: Total Productive Maintenance (TPM), Valmet's streamlined Reliability Centered Maintenance (RCM) and condition-based maintenance.

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2017 were approximately EUR 3.2 billion. Our more than 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

 

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