Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Post by carbideon Oct 19, 2023 1:38pm
117 Views
Post# 35691262

Supply from Metsa Kemi ramp could be headwind for pulp

Supply from Metsa Kemi ramp could be headwind for pulp

Valmet-delivered Mets Fibre Kemi bioproduct mill started up in Finland

Valmet Oyj’s trade press release on September 20, 2023 at 1:00 p.m. EEST

On Wednesday, September 20, 2023, Mets Fibre’s Kemi bioproduct mill in Finland was successfully started up. The material, environmental and energy efficient mill will not use any fossil fuels, and it will produce two terawatt hours (TWh) of renewable electricity per year. Valmet’s technology and automation contribute to sustainable operation and high-quality end-product.

The new mill is located at the same site with an old pulp mill which was decommissioned. After the start-up the production process will be fine-tuned for full-scale production, which will be achieved within approximately one year from start-up.

Valmet’s delivery covers the full production process from wood handling to baling as well as flow control solutions and mill-wide automation systems. Annual pulp production capacity will be 1.5 million tonnes and in addition the mill will produce various other bioproducts.

“The start-up of the mill is an important milestone for us and now our joint effort towards next milestones continues. I’m looking forward to see how the most significant investment in the history of the Finnish forest industry will achieve its full production capacity," says Jari-Pekka Johansson, Director of the bioproduct mill project at Mets Fibre.

“By combining Valmet’s innovative process technology, automation and services we have delivered a solution representing leading sustainability performance with minimized emissions. As an example, energy efficiency is improved with steam integration between evaporation and digester, and with new pulp drying features. The advanced mill-wide automation system and integrated industrial internet applications help to optimize the mill’s production efficiency,” says Sami Riekkola, Pulp and Energy Business Line President at Valmet.

About Valmet’s technology and automation delivery

The mill features leading process technology and the most advanced automation systems. Valmet's delivery includes the wood handling, cooking and fiber line, pulp drying and baling, evaporation, recovery boiler, recausticizing, lime kiln, biomass dryer and gasifier, ash crystallization, mill-wide non-condensable gases (NCG) handling solution, and dry and wet electrostatic precipitators (ESP) for the recovery boiler and lime kiln. Valmet also delivered the sulfuric acid plant which uses the mills own odorous gases to produce sulfuric acid. In addition, Valmet delivered a rebuild of the existing fiber line including new chip feeding and washing systems.

Valmet’s automation delivery includes a mill wide Valmet DNA automation system, plant information management system, Valmet IQ Quality Management Systemadvanced process controls, as well as analyzers and measurements package.

The industrial internet solutions embedded in the delivery include analytics tools, monitoring and optimization applications, simulators for selected process, as well as Valmet Performance Center connectivity. With mill-wide automation system the mill can run in a balanced way, control the process and ensure it runs flawlessly with high quality, cost-effectiveness and environmental efficiency.

Information about the customer Mets Fibre

Mets Fibre is a globally leading producer of bioproducts, biochemicals and bioenergy. The company is the world’s leading producer of bleached softwood pulp and a major producer of sawn timber. It employs approximately 1,600 people and the company’s sales in 2022 totaled EUR 3.1 billion. Mets Fibre is part of Mets Group.

VALMET  
Corporate Communications 

For further information, please contact: 
Sami Riekkola, President, Pulp and Energy business line, Valmet, tel. +358 40 542 7437
Emilia Torttila-Miettinen, President, Automation Systems business line, Valmet, tel. +358 40 831 7595

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.   


<< Previous
Bullboard Posts
Next >>