Valmet announced it will deliver bleached chemi-thermo mechanical pulp (BCTMP), evaporation and non-condensable gas (NCG) technology as well as an extensive automation solutions package for Stora Enso's Oulu mill in Finland. The delivery is part of Stora Enso's approximately EUR 1 billion investment to convert the remaining idle paper machine at their Oulu site into a high-volume consumer board production line. The order is included in Valmet's orders received of the fourth quarter 2022.

The value of the order will not be disclosed, but a delivery of this size and scope is typically valued at around EUR 75 - EUR 100 million. The deliveries are done in phases and the upgraded mill is scheduled to be in operation in early 2025.