Upload
dokhanh
View
218
Download
0
Embed Size (px)
Citation preview
Valmet Leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries
Valmet - Summary
Unique offering with process technology,
automation and services for pulp, paper and energy
industries
12,000 professionals serving global customer base
Net sales EUR 2.9 billion
– Almost half of the sales from stable Services and
Automation businesses
– Increasing demand of tissue, board, pulp and energy
creates long-term growth possibilities
Our vision is to become the global champion in
serving our customers
April, 2016 © Valmet 2
April, 2016
Technology leader with unique offering
© Valmet 3
Acquisition of Automation strengthened Valmet’s offering
Customer
A forerunner
in Industrial
Internet
• Serving our customers with
intelligent technology, automation
and services locally and remotely
• Enhancing mobility and introducing
even more advanced automation
technologies and embedded
diagnostics
Leading the field
• New service concepts
• Constant flow of spearhead
products
• Fit-for-purpose product offering
• Integration with customer operations
Cost-competitive, focused
solutions in Paper
• 11 OptiConcept M
machines sold
• 6 Advantage NTT
machines sold
Complete pulp mill delivery
capability
• State-of-the-art technology for
all types of
pulps
Comprehensive offering for
energy customers
• Solutions for
demanding fuels
Strong focus on customer benefits
Net sales split in 2015
April, 2016 © Valmet 4
Net sales by area Net sales by business line
Orders received
EUR 2,878 million
Net sales
EUR 2,928 million
EBITA before NRI1
EUR 182 million
EBITA margin (before NRI1)
6.2%
Employees
12,306
Stable business net sales EUR 1.4 billion
38%
8% 31%
23%
ServicesAutomationPulp and EnergyPaper
21%
11%
45%
10%
13%
North AmericaSouth AmericaEMEAChinaAsia-Pacific
1) NRI = non-recurring items
Stable business = Services and Automation business lines
Capital business = Pulp and Energy, and Paper business lines
2,1%
4,3%
6,2%
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
2013 2014 2015
EBITA (bef. NRI) margin
Valmet’s development
April, 2016 © Valmet 5
Orders received (EUR million)1
1) 2013 figures on carve-out basis
Stable business = Services and Automation business lines
Capital business = Pulp and Energy, and Paper business lines
Net sales (EUR million)1
EBITA (before non-recurring
items, EUR million)1
EBITA margin (before non-recurring
items, %)1
EBITA (bef. NRI)
target 6–9%
1 035 1 055 1 341
1 147
2 016 1 537
2 182
3 071 2 878
0
500
1 000
1 500
2 000
2 500
3 000
3 500
2013 2014 2015
Capital business
Stable business
1 032 989 1 357
1 581 1 484
1 572
2 613 2 473
2 928
0
500
1 000
1 500
2 000
2 500
3 000
3 500
2013 2014 2015
Capital business
Stable business
54
106
182
0
20
40
60
80
100
120
140
160
180
200
2013 2014 2015
EBITA (bef. NRI)
We are committed to moving our customers’ performance forward through
Customer excellence We serve our customers with our full offering combining process
technology, automation and services.
Technological leadership We develop innovative new solutions which create new customer
revenue streams.
Process excellence We operate with efficient and harmonized processes with
continuous improvement of quality and health & safety.
Winning team We have engaged and performance driven teams with globally
balanced competences close to customers.
1
2
3
4
April, 2016 7 © Valmet
Strong, global presence - a good platform for growth
North America
> 1,300 1
• 17 service centers
• 7 production units
• 8 sales offices
EMEA
> 7,700 1
• 16 R&D centers
• 63 service centers
• 21 production units
• 54 sales offices
South America
> 500 1
• 3 service centers
• 2 production units
• 5 sales offices
Asia-Pacific
> 700 1
• 10 service centers
• 16 sales offices
100 service centers, 86 sales offices, 34 production units, 16 R&D centers
China
> 1,900 1
• 8 service centers
• 6 production units
• 3 sales offices
1) As of Dec 31, 2015
Mount Edgecombe
(Durban)
… and in EMEA local presence with 63 service, production and sales units
April, 2016 © Valmet 8
Kauttua, Pori, Raisio,
Tampere, Turku,
Valkeakoski, Ulvila
Moscow
Tallinn
Vienna
Paskov,
Prague, Steti
Copenhagen
Bordeaux,
Cernay,
Nanterre
Leverkusen
Como, Gorizia,
Milano, Pescia
Bunschoten
Lier
Gliwice,
Lodz,
Warsaw
Lisbon,
Ovar
Istanbul,
Madrid,
Zaragoza
Borlänge, Gävle, Gothenburg, Hagfors,
Karlstad, Solna, Sundsvall
Darwen,
Haslingden,
Partington,
Warrington
St. Petersburg
Espoo, Inkeroinen,
Järvenpää, Vantaa
Juankoski, Jyväskylä,
Varkaus
Bilbao
Oberhaching,
Pfungstadt,
Plattling
Magdeburg
Dörpen Basingstoke
Surgut
Talent development through training 17 hours of training on average for each Valmet employee in 2015
28,9 %
17,1 %
16,0 %
15,2 %
7,6 %
6,1 % 4,9 %
2,2 % 2,0 %
Areas of training
HSE Valmet Fundamentals
Management and Leadership Technology
Communications Quality
Customer-Related skills Finance
IT
April, 2016 © Valmet 9
80% of Process Automation
Systems’ sales to Valmet’s current
customer industries
Global customer base
April, 2016 © Valmet 10
Valmet is a registered trademark of Valmet Corporation. Other trademarks appearing here are trademarks of their respective owners.
Pulp Paper Energy Process
April, 2016
Process technology, services and automation Valmet’s unique offering differentiates the company from its competitors
© Valmet 11
Customer
Process-
technology
Services Automation
Our unique offering ensures right solutions for every customer need
April, 2016 © Valmet 12
Equipment,
operations and
process
benchmarking
Performance
optimization
Condition
monitoring
Technical
support
Maintenance
management
Training Technology
support
Workshop
services
Engineering
Installation
Commissioning
Customer
Maintenance
operations
INTERNAL
Customers’ sustainability needs - driving Valmet’s sustainability work
April, 2016 © Valmet 13
Safe processes, technologies and services
Improved process efficiency
Reduced sustainability risks in supply chain
Increased fuel flexibility
Compliance with regulations
Utilization of renewable energy
Increased recycling
Lower raw materials and fresh water consumption
Emissions reduction
Lower energy consumption
Less chemicals
Improved sustainability image
Significant, customer focused reasearch and development work
April, 2016 © Valmet 14
Focus areas
• Advanced and competitive technologies and services
• Raw material, water and energy efficiency
• Promotion of renewable materials
16
Research
and
development
centers
EUR 59 million
investment
in R&D year
2015
1800 Protected
inventions
Customer driven research and development
April, 2016 15
Expertise from furnish preparation to paper, tissue and baseboard making, sizing, coating, calendering, reeling, winding and wrapping. Expertise in combustion with various fuel mixes.
We introduce new products and
services continuously to meet our
customers’ needs.
Right expertise
and technologies
Extensive set of
pilot facilities
Innovations to move our customers’ performance forward
The world’s most comprehensive
offering of testing and piloting facilities
and services to manufacturers of pulp,
paper, board and tissue as well as to
energy producers worldwide.
© Valmet
Energy Technology Paper and Board
Technology Fiber Technology
Laboratory and analysis services
Expertise in R&D for the whole offering
Mechanical pulping,
recycled fiber, stock
preparation
Pulp drying
Two pilot paper
machines from
headbox to drying
Coating, sizing,
calendering
Winding, reeling
Runnability
Fuel testing for
challenging and new
fuels
Combustibility &
corrosion studies
16 April, 2016
R&D work enhanced with piloting capabilities
© Valmet
Evaporator Technology
Gothenburg
Cooking and Biotechnology
Center
Karlstad
Fiberline and Biotechnology
Center
Sundsvall
Paper and Board
Technology
Jyväskylä
Energy and Biotechnology
R&D Center
Tampere
Finishing Technology
Järvenpää
Fiber Technology
Inkeroinen
Cutter Technology
Pori
Tissue Technology Center
Karlstad
Air Systems Technology
Raisio
Polymer and Hard Coating
R&D Center
Jyväskylä
Automation R&D Center
Kajaani
Automation R&D Center
Tampere
Fabrics R&D Center
Tampere
Filter Fabrics R&D Center
Ovar
Fabrics R&D Center
Juankoski
Extensive set of piloting facilities
April, 2016 © Valmet 17
Recent innovations for paper and board making
Foam Forming
Aqua Layering
headbox
Curtain coating
Aqua cooling
calendering
Saving energy and raw materials
Two-layer sheet with very good layer
coverage using only one headbox
Flexible multilayer coating for thin
functional layers
For more lightweight board, without
compromising functional and visual
properties
April, 2016 © Valmet 18
Foam forming For more sustainable papermaking
April, 2016 19
• Improves the formation
• Makes the sheet bulkier
Foam forming
Benefits • Raw materials savings Increased bulk means products that are
lighter but have the same strength
• Opportunities for special
papers & non-woven New products with synthetic fibers
• Pilot trials at Valmet Technology
Center ongoing
• 1st production scale demo started
up 11/2015
Status
© Valmet
April, 2016 © Valmet 20
Unique technology that uses a thin
layer of water as a headbox wedge
to stabilize the layers and to form
an even film while layers of
stratified paper are being joined
together.
Aqua layering technology
Estimated savings per 100,000 t of
containerboard production
Case:
Dong Il Wolsan PM 1 wet end rebuild
30% less starch needed with
new Aqua layering technology
Multilayer curtain coating Each coating layer can be adjusted to desired function and cost
• Functional coating layer possibility
– Printability
– Barrier layers, e.g. for the food
industry
– Coverage
Possibility for both thin and thick
coating layers
April, 2016 21
Different
function for
each layer
Case:
Cartones Ponderosa PM 1, Mexico
“Our customers are asking for better
printability, which means better
surface uniformity. We also needed
to be more cost competitive while
maintaining a good balance with
quality.”
New coat weight split and coating
formulation
→ Total coat weight decreased
by 4 g/m2
→ Annual savings
more than USD 3 million → Further opportunities to
reduce white fibers
© Valmet
Aqua cooling calendering Potential to reduce the amount of raw materials by 2 – 4%
Case:
First experiences at Stora Enso
Ingerois BM 4
“The new aqua cooling technology
enables developing and optimizing
the machine's operating method to
achieve bulk saving potential. This
brings significant energy and raw
material savings throughout the
value chain of the product.”
Taisto Nevalainen, Mill Director
Stora Enso Ingerois Mill
Water spray Air impingement Hot/Hard calendering
April, 2016 © Valmet 22
One of the world’s sustainability leaders
April, 2016 © Valmet 23
• Valmet’s values, Code of Conduct and selected globally
acknowledged principles guide our operations
• Our Sustainability Agenda has concrete targets and actions
• We are included in Dow Jones World Sustainability Index already
for the second consecutive year
Sustainable
supply chain
Health,
safety and
environment
People and
performance
Sustainable
solutions
Corporate
citizenship
Sustainability Agenda focus areas
Occupational safety, quality and procurement savings has developed well
April, 2016 © Valmet 24
• Occupational safety has improved – year 2015 was safest ever
• Savings in procurement are ahead of targets
• Quality costs have decreased according to plan
10,18,3
6,4 5,53,3
2011 2012 2013 2014 2015
Tapaturmataajuus (LTIF)
Lost time incident
frequency (LTIF) Quality costs
Results: Excellence in processes
Procurement savings
2014 2015 2016
Savings target Actual savings
2012 2013 2014 2015 2016target
EUR million % of net sales
We are committed to moving our customers’ performance forward through
Customer excellence We serve our customers with our full offering combining process
technology, automation and services.
Technological leadership We develop innovative new solutions which create new customer
revenue streams.
Process excellence We operate with efficient and harmonized processes with
continuous improvement of quality and health & safety.
Winning team We have engaged and performance driven teams with globally
balanced competences close to customers.
1
2
3
4
Recent developments and references in pulping
Bertel Karlstedt
President, Pulp and Energy Business Line
Customers’ sustainability needs - driving Valmet’s sustainability work
April, 2016 © Valmet 27
Safe processes, technologies and services
Improved process efficiency
Reduced sustainability risks in supply chain
Increased fuel flexibility
Compliance with regulations
Utilization of renewable energy
Increased recycling
Lower raw materials and fresh water consumption
Emissions reduction
Lower energy consumption
Less chemicals
Improved sustainability image
Pulp and Fiber
processing
200 woodhandling systems
470 cooking systems
300 complete fiberlines
400 evaporation systems
350 recovery islands
Paper, board and tissue
making
900 paper machines
700 board machines
180 tissue machines
200 mechanical pulping
lines
Services
5,000 on-site projects annually
Close to 400 service agreements
Over 100 service locations globally
5000 service professionals
Automation
Thousands of automation systems
One automation platform for all controls
A big number of Remote Connections
Heat and Power
generation
270 fluidized bed boilers
120 BioGrate boilers
400 Environmental
protection systems /
Air emission control
We know biomass processing and offer sustainable environmentally sound solutions
2016-04 28
Biotechnologies
Gasification Pyrolysis LignoBoost Prehydrolysis of biomass
SPCI_2016
Best available technology for continuous production of high quality pulp
• Sustainable processes with built-in safety and usability
• Efficient use of raw materials and high energy efficiency
• Reliable technology
Valmet fiberline for flexible pulp making
2016-04 SPCI_2016 30
New pulp cooking system New cooking process on polysulfide to optimize yield
The new polysulfide system
is a perfect match to further
increase the yield in Valmet’s
CompactCooking system
Lower production cost and
stronger softwood pulp
adapted for packaging grade
paper and board
Raw material savings
2016-04 SPCI_2016 31
Top quality dissolving wood pulp from modern mills Viscose, rayon and modal – Textiles all made from dissolving pulp
Leadership in dissolving
technology for both high end and
standard grade, proven in the
latest brown field cooking and
fiberline references
– Unique prehydrolysis cooking concept
offers the most economical way of
producing dissolving pulp
– Valmet’s cooking process gives an
opportunity for the mill to flexibly
select the production grade as they
see best
– Valmet’s cooking technology gives
the opportunity to produce stable,
high-quality dissolving wood pulp
everyday
2016-04 SPCI_2016 32
Did you know that your
clothes are made from
wood-based raw materials?
Bleach Plant Effluent Volumes Selected Pulp Mills Worldwide
8 9
16
19 20 20
41
5 7
9 10 10
13
17
22 23
34 36
29 31
43 43 45
62
68
5
8 10 10 11
14
56
0
10
20
30
40
50
60
70
80
Ble
ac
h P
lan
t E
fflu
en
t V
olu
me
(m
3/A
Dt)
2 May, 2016 © Valmet | HD / Bleach Plant Effluent 33
Valmet press based
bleach plants
Valmet fiberline for flexible pulp making
2016-04 SPCI_2016 34
Best available technology for continuous production of high quality pulp
Raw material and energy
efficiency Reliability Sustainability
10–30% less energy, water and
chemicals compared
to average
10.5 million m³ less water needed
To produce one million
tonnes of pulp
Up to
54% raw material yield
Maximized power supply
to the grid
+545 GWh per million tonnes of
produced pulp
High availability
through proven
state-of-the-art
technology
Integrated automation &
remote connections
Global service network
Worldclass in sustainability,
efficiency and reliability
Our traditional business, Pulp & Energy, forms a sound foundation for our growth
2016-04 SPCI_2016 36
Pulp Mills
• Number one in chemical pulping
• Decades of experience and
references in wood handling
systems, cooking systems,
complete fiber lines, evaporation
systems and recovery islands as
well as odor control
Heat and Power Generation
• Largest boiler and plant supplier
in biomass and waste sector
• Extensive experience in
fluidized bed boilers, BioGrate
boilers and air emission control
systems
Proven Solutions for Industry
Wood
Waste
Agricultural
residues
Energy
crops
Recycled
paper
Environmental
Solutions
• Air emission control
Biofuels
• Gaseous fuels
• Liquid fuels
• Solid fuels
Bio-based chemicals
& materials
• Monomers and
polymers
• Composites
• Fine and specialty
chemicals
Valmet’s biomass conversion technologies Penetrating the market in steps through references
LignoBoost system for extracting lignin
from kraft black liquor
Solutions for prehydrolysis of biomass
to sugars and lignin for further refining to
fuels or chemicals
Complete production lines for steam
exploded black pellets and revamps of
existing white pellet plants
Pyrolysis solutions for bio-oil production
CFB gasification technologies for
biomass and waste gasification
Facts Commercial scale lignin separation installations in
operation since 2013
Several prehydrolysis pilot scale deliveries. First demonstration scale plant in operation in 2012. Commercial scale being offered.
Bio-oil pilot production since 2009, first demonstration scale plant in operation in 2013
Commercial scale gasification of biomass and waste since 2011
Results
New revenue streams for pulp mills and biomass power plants
Reduction of emissions
From fossil fuels to utilization of sorted waste and biomass
Alternative renewable fuels
2016-04 SPCI_2016 37
Valmet is a frontrunner in Industrial Internet
Valmet remote solutions up and running since
early 2000
Significant performance improvements for
our customers is today achieved through our
industrial internet
We are further strengthening the utilization
of industrial internet by:
– Providing expertise globally using remote
technologies
– Utilizing and developing our unique
automation technology and innovations
– Developing the next generation of
analytics and services
Some images designed by freepic.com 2016-04 SPCI_2016 39
Customer’s process
Today, customers are extensively utilizing our Industrial Internet capabilities
2016-04 SPCI_2016 40
Online
connections with
customers
Performance
agreements with
remote
connections
Co-creation of
advanced
analytics with
customers
Valmet-supplied
lines with Valmet
DCS
440 350 Condition
Monitoring (CM)
references with
over 70 000 I/O
tags
350 70,000
80 Advanced
process control
installations
320 740 Ongoing
Valmet’s remote center
Valmet’s competence
network
The heart of the Södra Cell Mörrum delivery Horizontal heavy-duty Camura HGS chipper
Superior chip quality
– Optimal thickness
– Minimum amount of fines, pins,
overthick and oversize fractions
High capactiy
– Even log feed rate
– Wide infeed spout
– Large number of knives.
Excellent durability
– More than 2,000 heavy duty
chippers have been supplied to
date, which is half of the entire
number of disc chippers for the
fiber processing industry
worldwide.
2016-04 SPCI_2016 42
Major pulp mill expansion
Södra Cell’s Värö pulp mill
– Over EUR 400 million investment
– Production capacity increase from 425,000
to 700,000 tonnes per year
Valmet delivers major rebuild and
some new equipment
– New cooking plant and upgrades of wood
handling, fiber line, evaporation plant,
recovery boiler, recausticizing, flash dryer,
pulp dryer and baling.
– Earlier also new lime kiln technology
implemented at the mill by Valmet
Work proceeding according to
schedule – all upgrades planned to
be completed in Q3/2016
SPCI_2016 43
Södra Cell’s Värö pulp mill Varberg, Sweden
Photo: Ola Åkeborn / Södra
2016-04
Key technology to bioproduct mill
New bioproduct mill with 1.3 million
tonnes pulp production
– EUR 1.2 billion investment is the largest
investment of the forest industry in Finland
Valmet delivers key technology
– Recovery boiler, pulp drying line, gasification
plant, lime kiln and a mill wide Valmet DNA
automation system
– Production at the new mill is scheduled to
begin during the third quarter of 2017
Maximized bioenergy utilization
– Lime kiln fueled by biogas from gasification
plant
– High power features in recovery boiler
→ mill is able to sell more bioelectricity to
the market compared to own consumption
2016-04 SPCI_2016 44
Metsä Fibre, Äänekoski, bioproduct mill Finland
Photo: Metsä Group – illustration of the new bioproduct mill
Major pulp mill expansion
2016-04 SPCI_2016 45
SCA Graphic Sundsvall AB, Östrand,
Sweden
SCA Graphic Sundsvall AB, Östrand
– Production capacity increase from 430,000
to 900,000 tonnes per year
Valmet delivered technology
– Compact Cooking G2
– TwinRoll press based fiber line for both ECF
and TCF pulp production
– Evaporation plant with a capacity of 1,150
tonnes of evaporated water per hour
The total package is optimized for
superior water and energy efficiency
Start-up May 2018
New cooking plant and fiberline
Sappi Ngodwana, South Africa
– 210,000 adt/a DWP plant
Very quick and smooth start-up
– Produced high-quality product
immediately, the new fiberline
produced in-spec product within 72
hours of first chip feed
– Produced 97% A-grade product for
first year of operation
The Dissolving process is proven
robust and allows good control
over product quality
Start-up 2013
2016-04 SPCI_2016 46
Sappi Ngodwana, South Africa
Customers’ sustainability needs - driving Valmet’s sustainability work
April, 2016 © Valmet 47
Safe processes, technologies and services
Improved process efficiency
Reduced sustainability risks in supply chain
Increased fuel flexibility
Compliance with regulations
Utilization of renewable energy
Increased recycling
Lower raw materials and fresh water consumption
Emissions reduction
Lower energy consumption
Less chemicals
Improved sustainability image
Valmet pulp mill is the most sustainable choice
High material yield – More pulp & new value streams
Total steam economy – Maximized power to the grid
Quality, of product and operations – Integrated process technology, automation
& remote support and services
Sustainability – Lower maintenance cost
– Lower water consumption
– Lower effluent volume
2016-04 SPCI_2016 48