Valmet will supply key board making technologies to Sri Andal Paper Mills for its new containerboard making line, located in Tamil Nadu, India. The start-up of the machine is scheduled for the first half of 2021.
The order is included in Valmet's orders received of the first quarter 2020. The value of the order will not be disclosed. The value of a project of this type and scope is typically around EUR 12-15 million.
“It was vitally important for us that the management-level relationship with Valmet was very good. Valmet has a strong reputation, and we trust that Valmet’s technology will help us to reach our high-quality targets,” says Mr. P. Subramaniam, Managing Director of Sri Andal.
Containerboard segment in India is quite fragmented and largely utilizes Asian technology for board making. Sri Andal is aiming at producing high-quality containerboard with tangible efficiency improvements to enhance its competitiveness.
“Valmet offered suitable solution for achieving Sri Andal’s targets. With this technologically advanced project, we are setting our footprint in the Indian containerboard segment. We are looking forward to the successful start-up of this project, which will be a game changer in the containerboard segment,” says Varun Jain, Director of India Region at Valmet.
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