Metso’s Pulp, Paper and Power business has rebranded as Valmet Corporation.
Valmet will focus on developing and supplying technology and services primarily to industries that use bio-based raw materials. The company said: “Valmet’s mission is to convert renewable resources into sustainable results.
“The Valmet organisation is designed to serve the customers in the best possible way. Our three business lines, Services, Pulp & Energy and Paper, will focus on developing competitive technologies and services globally.
“Valmet and Metso will continue to work closely together to offer winning automation solutions and services.”
Jukka Viinanen was elected chairman of the board, Mikael von Frenckell as vice chairman, and the following as board members: Erkki Pehu-Lehtonen, Pia Rudengren, Friederike Helfer, Pekka Lundmark, and Rogério Ziviani.