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Management Side
Valmet to Supply a Multifuel Boiler to Kipas Holding's New Paper Mill in Turkey
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Espoo, Finland 29 March 2018 -- Valmet will supply a multifuel power boiler and auxiliary process equipment to Kipas Holding's greenfield paper mill in Söke, Aydin, Turkey. The boiler plant will provide steam for a paper machine currently under construction and additionally produce electricity. Its steam production capacity will be sufficient for a possible second paper machine. The start-up of the boiler plant is scheduled for March 2020.

The order is included in Valmet's first quarter orders received in 2018. The value of the order will not be disclosed.

The agreement was signed with Kipas Holding's subsidiary Maren Maras A.S. who is responsible for building and running the boiler plant. In 2013, Valmet supplied a containerboard machine to Kipas Holding's board mill in southeastern Turkey.

"We chose Valmet to supply the boiler based on our earlier good cooperation and experience with Valmet's state-of-the-art technology. The previous projects that we have carried out together have been successful," says Alaaddin Yalçinözü, General Manager of Kipas Kagit.

"Valmet's flexible boiler technology is ideal for the combustion of all the fuels which the greenfield power plant will utilize. Our flue gas cleaning will efficiently reduce emissions," says Kai Janhunen, Vice President, Energy Business Unit, Valmet.

Information about Valmet's delivery

Valmet's delivery includes a CYMIC circulating fluidized bed (CFB) boiler for co-firing paper and water treatment sludge, plastic rejects, and coal. The boiler plant will have a steam production capacity of 260 tons per hour (114 bar, 542°C). The delivery also includes flue gas cleaning equipment and a Valmet DNA automation system.

Information about the customers Kipas Holding and Maren Maras

Kipas Holding is a Turkish group involved in the textile, cement, garment and paper industries, energy production and other activities. It has 25 factories, over 8,000 employees and a turnover of over USD 1 billion.

Its subsidiary Maras Elektrik Üretim Sanayi ve Tic A.S. performs geothermal well drilling and electricity production activities in Turkey.

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 3.1 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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