Valmet Corp - Company Profile
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Business Description
Valmet Corp (Valmet) is a developer and supplier of process technologies, automation, and services for the pulp, paper and energy industries. It’s product and service portfolio consists of productivity-enhancing services, automation solutions, plant upgrades and rebuilds, new cost-efficient equipment and solutions for optimizing energy and raw material usage, and technologies that increase the value of its customers’ end-products. The company operates through three reportable business segments, Services, Automation and Process Technologies. In FY2023, Valmet received new orders worth EUR4,955 million, which declined 4.6% YoY. As of December 2023, it had 60 production units, 130 service centers and 130 sales offices across the world and incurred capital expenditure of EUR125 million, which grew 11.6% YoY.
R&D Overview
The company’s research and development activities aim at generating innovative technologies, products, and services that cater to customer requirements and contribute to addressing significant global mega-trends, including improving the efficiency of resources such as raw materials, water, and energy; advocating for the utilization of renewable raw materials; and minimizing emissions. As of December 2023, the company operated 32 R&D centers. In FY2023, Valmet spent EUR114 million on its R&D, which as a percentage of revenue, stood at 2.1%. Its research and development activities are majorly carried out in Finland and Sweden. It has over 21 R&D centers in EMEA, four in North America, three in China, two in Asia Pacific and Two in South America.
Business Segments
Overview
The Automation segment provides flow control technologies and services, as well as automation solutions ranging from single measurements to mill- or plant-wide process automation systems.
Performance
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Overview
The Services segment provides customers with flexible and purpose-built services throughout the lifecycle to improve process performance and reliability.
Performance
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Overview
The Process Technologies segment offers pulp and energy production technology solutions, as well as biomass conversion and emission control and complete production lines, machine rebuilds, and process components for board, tissue, and paper production.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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