Marita Niemelä presentation at Global Cleantech Summit in Lahti September 8, 2015

1. Moving Forward with
Clean Technologies
Global Cleantech Summit
8 September 2015
Marita Niemelä
VP, Strategy
Valmet Pulp and Energy

2. Agenda
Global Cleantech Summit
Cleantech Summit
1 Valmet in brief
2 Trends and drivers
3 Case examples
4 Summary

3. Valmet in Brief

4. Unique offering covers process technology,
automation and services
Ÿ Valmet develops and supplies
advanced technologies, automation
solutions and services
Ÿ We combine pulp, paper and energy
technology, process know-how and
automation
– Enabling innovative product and service
development
– Increasing competitiveness
Ÿ Full scope offering differentiates
Valmet from its competitors
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Customer
Services Automation
Process technology

5. 5
18 %
12 %
44 %
11 %
15 %
North America
EMEA
South America
Asia-Pacific
China
Orders received
EUR ~3,400 million
Net sales
EUR ~2,800 million
Employees ~12,000
Market position
#1-2 Services
#1-3 Pulp and paper
automation
#1-2 Pulp
#1-3 Energy
#1-2 Paper, board, tissue
Valmet’s key figures including Automation
Based on combined illustrative figures from 2014 (1
36%
11%
35%
19%
Net sales by
business line
Services
Pulp and Energy
Paper
Automation
Net sales by
geographic area
1) Combination of Valmet and Metso Process Automation System figures for 2014
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6. Our operating principles and sustainability agenda
create the basis for our work in cleantech
Operating principles
• Code of Conduct
• HSE policy
• Sustainable Supply policy
• UN Global Compact
• ISO management systems
Sustainability agenda
• Sustainable supply chain
• Responsible operations
(HSE)
• People and performance
• Cost-effective sustainable
solutions
• Corporate citizenship
Sustainability reporting
• Annual reporting according
to global standards
• Third party assurance
• Sustainability indices: DJSI,
CDP
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7. Trends and Drivers

8. How to Enable Global Economic Growth without
Risking the World’s Sustainable Future?
More people – higher demand for energy, fiber, fuels, and commodities
Dependence
on fossil fuels
Arable land
Biomass
and residues
Population
growth
Global warming
Clean air
Waste
Fresh water
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9. Case examples

10. Paper Case Example: OptiConcept M board and
paper machine
Ÿ Cost-efficient, high-quality, safe and
flexible board making concept
Ÿ Significant savings in energy, water
and raw material use
– Energy efficiency improvement up to 30%
Ÿ Modular and compact size
– Short delivery times, quick start-ups, and
less production space
Ÿ Functional design brings increased
safety and accessibility
– Design acknowledged in Finnish design
competition in 2014
Board machine
Liansheng Paper PM 6, China
10
Case
Valmet has received
altogether 10 orders for
OptiConcept M board and
paper machines
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11. Pulp Case Example: Key technologies to
bioproduct mill
Ÿ 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
Ÿ 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
Ÿ Maximized bioenergy utilization
– Lime kiln fuelled by biogas from gasification
plant
– High power features in recovery boiler
allows the mill to sell more bioelectricity to
the market compared to own consumption
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Bioproduct mill
Metsä Fibre, Äänekoski, Finland
Photo: Metsä Group – illustration of the new bioproduct mill
Case

12. Pulp Case Example: New Revenue Streams
Through Lignin Separation
LignoBoostTM lignin separation process
connected to pulp mill chemical
recovery.
Plant capacity 440,000 tons of fluff
pulp.
Converting a low value stream into
potential revenue by separating lignin
from black liquor.
Key results
Ÿ Lignin can be utilized as renewable fuel
replacing fossil fuels and as new bio-
material for many industries
Ÿ Increase of pulp production capacity
by 5% and efficiency by off-loading the
recovery boiler
Pulp mill lignin recovery
Domtar, Plymouth, NC, USA
Annual yield of 25,000 tons lignin
Case
Second LignoBoost
delivery to StoraEnso
Sunila Mill, 50,000 tons
lignin annually
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13. Energy Case Example: Gasification Plant for
Energy Production
Circulating fluidized bed gasifier plant
that converts waste into product gas.
Processing of 250,000 tons of solid
recovered fuel to 42 MW of electricity
and 90 MW of district heat
Key results
Ÿ Higher power generation efficiency from
waste to energy compared to combustion
Ÿ Reduction of fossil fuels as 30% of coal
was replaced by waste-fuelled energy
Ÿ CO2 emission reduction of 211 000 tons
Gasification Plant
Lahti Energia Oy, Lahti, Finland
Case
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3,300 railway cars of coal replaced by waste-
fuelled energy

14. Biotech Case Example: Climate-friendly
Bioethanol from Agricultural Waste
Second generation bioethanol
produced from agricultural waste
Up to 1,000 tons of cellulose ethanol
from around 4,500 tons of wheat
straw
Key results
Ÿ Biofuel cuts CO2 emissions by
about 95% compared to fossil-
based
Germany’s largest second
generation bioethanol plant
Clariant, Germany
Renewable fuel for over 1,000 cars running
with 100% bioethanol
Case
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15. Environmental Systems Case Example: Near
zero emissions for extreme fuel flexibility
Air pollution control systems for a 125
MWth fluidized bed (CFB) boiler
operating on Refuse Derived Fuel :
Ÿ Selective non catalytic reduction of
nitrogen oxides
Ÿ Furnace sorbent injection for removal of
sulphur dioxide
Ÿ Particulate removal by electrostatic
precipitator, bag house filter with
activated carbon, and sodium bicarbonate
injection
Ÿ Flue gas scrubber for acid gases and
polishing
Key results
Ÿ Near zero emissions for extreme fuel
flexibility
Emission Control
Stora Enso Langerbrugge, Gent, Belgium Case
Ÿ xxxxxxxRefuse Derived Fuel comprises untreated and
treated wood, coal, and gas
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16. Automation Case Example: Automation for
biorefineries
Ÿ Neste produces renewable diesel
with NExBTL production technology
Ÿ Valmet deliveries to Singapore and
Rotterdam refineries
– Each plant is controlled by two Valmet DNA
automation systems
– Field device management is controlled by
Valmet DNA Field Device Manager
Key results
Ÿ Redundancy for all the major system
parts
Ÿ Integrated to safety and reporting
systems
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Renewable diesel refinery
Neste, Singapore

17. Summary

18. Creating value to our customers by converting
renewable resources into sustainable results
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Services Automation
Process technology
Lower energy
consumption
Lower fresh
water
consumption
Less
chemicals
Utilization of
renewable energy
High raw material
utilization and
increased
recycling
Emission
reduction

20. Converting renewable resources into
sustainable results
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End-
products
Services
Automation
Technologies
Raw
materials
Customer
industries
Heat Electricity Chem pulpDiss pulp Mech pulp Paper Board Tissue
Biogas Biofuels Biochemicals New paper gradesBiomaterials
Energy production Biofuel refining Pulp Paper
Waste Recycled paper
Pulp
Agro Wood
Energy Paper