Valmet will launch a new R&D and innovation project called Beyond Circularity, which improves Valmet's readiness to support the green transition in Valmet's customer industries based on the company's technology vision 2030. The project aims at further strengthening Valmet's R&D work in order to develop process technologies, automation and services for utilizing renewable materials and recycled, waste and side streams. The project also allows Valmet to further improve the energy efficiency of its process technologies and enable a shift towards the use of fossil-free energy in its pulp and paper industry customers' production processes.
To support Valmet in achieving these ambitious project aims, Valmet will start building an ecosystem that is aimed at attracting partners, universities, research institutes and customers to participate in making the green transition a reality within the pulp and paper industry. This ecosystem is expected to have more than 100 partners in Finland in 2025. Valmet plans to invest Euro 40 million into the project during the upcoming four-year period to execute on its technology vision and climate program and generate growth. The project is partly funded by Business Finland and is part of the "Veturi" initiative, where international companies are invited to solve some of society's most pressing challenges, through increased research, development and innovation investments in Finland.
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries.