Valmet Wins EUR100 Million Technology Contract for Chinese Pulp Mill

03:20 AM EDT, 10/21/2026 (MT Newswires) -- Valmet (VALMT.HE) secured an estimated 100 million-euro order to provide key technology for Century Sunshine's new Rizhao pulp mill in China's Shandong province. The Finnish technology group said Wednesday that the order covers cooking and fiberlines, an evaporation plant, a recovery boiler with optimizers, ash treatment and a white liquor plant. The mill is expected to have an annual production capacity of 1.2 million tonnes of hardwood or softwood pulp and 400,000 tonnes of softwood pulp, with operations expected to start in June 2028.