ValmetEnergy offering

Biomass North Forum 2017

Thunder Bay

October 11, 2017

Contents

Valmet today

Energy offering

1

2

Valmet todayCommitted to moving our customers’

performance forward

220 years of industrial history in 2017From cloth making to high-tech processes

October 11, 2017 © Valmet | Matti Järvinen4

2015Metso

Process

Automation

Systems

to Valmet

1951Valmet

1968–1996Several M&As:

1986 KMW

1987 Wärtsilä

paper finishing

machinery

1992 Tampella

Papertech

1999Metso created

through merger of

Valmet and Rauma

Acquisitions2000 Beloit

Technology

2006

Kvaerner Pulping

Kvaerner Power

2009 Tamfelt

End of

2013Demerger

to Valmet

and Metso

1797 Tampereen

Verkatehdas

1841 Götaverken

1856 Tampella

1858 Beloit

1860 KMW

1868 Sunds

Defibrator

1942Rauma-

Raahe

Key figures in 2016

Net sales by business lineOrders received

EUR 3,139 million

Net sales

EUR 2,926 million

Comparable EBITA

EUR 196 million

Comparable EBITA

margin

6.7%

Employees (on Dec 31, 2016)

12,012

40%

10%

28%

22%

Services

Automation

Pulp and Energy

Paper

22%

7%

47%

12%

12%

North America

South America

EMEA

China

Asia-Pacific

Net sales by area

Stable business = Services and Automation business lines

Capital business = Pulp and Energy, and Paper business lines

© Valmet | Matti Järvinen5 October 11, 2017

Strong, global presence - a good platform for growth33 countries, over 120 service centers, 86 sales offices, 34 production units, 16 R&D centers

October 11, 2017 © Valmet | Matti Järvinen6

Four business lines, five areas and 12,000 professionals serving customers globally

October 11, 2017

North America

South America

EMEA

China

Asia-Pacific

Services

business line

Pulp and Energy

business line

Paper

business line

Automation

business line

© Valmet | Matti Järvinen7

• 270 fluidized bed boilers

• 120 BioGrateboilers

• 400 environmentalprotection systems

• 8 gasifiers

Energy offering

Energy offeringGreat variety of plant, automation and service solutions

October 11, 2017 © Valmet | Matti Järvinen9

Valmet energy solutions

Services

Air pollution control Boiler plantsLarge power plants

with partners

Gasification plantsModularized

power plantsAutomation

Heat and power generation solutions

October 11, 2017 © Valmet | Matti Järvinen10

Biomass to energy Multifuel to energy Industrial boilers

• Boiler plants

• Modular power plants

• Gasification plants

• Heat plants

• Boiler plants

• Modular power plants

• Gasification plants

• Boiler plants• Various solid fuels

• Sludges

• Boiler plants• Process gas

• Oil&Gas

• Heat recovery

Rebuilds & Conversions & Repowering

Air pollution control

Automation

Waste to energy

Services offering for energy and environmentalServices covering the entire lifecycle for improved reliability and

performance

© Valmet | Matti Järvinen11

Performance

services

• Fuel &

Combustion

management

• Performance

Agreements

• Troubleshooting

& Optimization

• Studies

• Advanced

Process Control

• O&M

Competence

development

Boiler & Plant

upgrade Field services

• WebAcademy

• Training

• Simulators

• Recovery Boiler

upgrade

• Power Boiler

upgrade

• Pressure Parts

Services

• Shut-Down

Services

• Environmental

Equipment

services

• Inspections

Components, Parts

and enhancement

& safety technologies

• Spare Parts

• Pressure Parts &

Components

• Burners

• Safety Roof

• SNCR

• Feedingmaster

October 11, 2017

BioPowerModular co-generation power plants

BioPower – unique modular power plantsKey customer benefits: Fast time-to-market and solid bankability

Cogeneration (CHP) or condensing

power

Fuels

Biomass, forest residues, agrofuels

Recycled wood

Waste derived fuels, SRF/RDF, sludges

Combustion choices

Biograte

HYBEX BFB

CYMIC CFB

Services

Maintenance contracts

Operation and Maintenance (O&M)

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Benefits of modularizationWe have designed the plants for you!

Standardized on-the-shelf documentation– Routine scheduling practices

– Fast final design

– Fast and complete routine procurement

– Standardized data for O&M plans

Fast factory skid assembly – Safe and clean working conditions

– Pre-testing at factory

– Routine supervision and quality control

Fast delivery based on routine site works– Minimized storage at site

– Minimized site works

– Standardized piping and cable interconnectins

– Proven site management and supervision practices

Efficient operator training

Fast module and unit start-up

October 11, 2017 © Valmet | Matti Järvinen14

Waste to Energy

Valuable fuel from waste

16 October 11, 2017 © Valmet | Matti Järvinen

Customized CYMIC boiler plants

Circulating fluidized bed combustion

• Thermal capacity

• 50 - 200 MWth

• RDF/SRF combustion capacity

• 125.000 - 400.000 tons/a

• References

• 9 CFB plants

Waste-to-Power boiler plant technologies

RDF/SRF combustion solutions

17

Customized Gasification plants

Circulating fluidized bed gasification

• Thermal capacity

• 100 - 300 MWth

• RDF/SRF combustion capacity

• 150.000 - 400.000 tons/a

• References

• Lahti 2012

Customized HYBEX boiler plants

Bubbling fluidized bed combustion

• Thermal capacity

• 20 – 50 (100 ) MWth

• RDF/SRF combustion capacity

• 50.000 - 125.000 tons/a

• References

• 20 BFB plants

October 11, 2017 © Valmet | Matti Järvinen

October 11, 2017