Valmet and Papierfabrik Palm GmbH & Co KG have signed a three-year Service Agreement and a one-year Performance Agreement to further improve the performance of Palm's production lines Aalen PM5 and Wörth PM6 in Germany.

The agreements were included in Valmet's orders received of the Q1 2024 and are effective immediately. The value of the agreements will not be disclosed.

The agreements support Palm to become the benchmark for improvements in availability, profitability and safety at both mills. The agreements also ensure the production lines' reliability and process optimization to secure sustainable results.

The Service Agreement includes comprehensive maintenance services from headbox to winder. The Performance Agreement includes condition monitoring services and technological support. In addition, the mills are provided with 24/7 on-call support by the Valmet Performance Center and an on-site resource pool.

Palm Group is one of the leading companies manufacturing paper and board in Europe and Germany's largest family-owned business in the paper industry. Papierfabrik Palm operates five paper mills with six paper machines in Germany, France and the United Kingdom. The company produces 2.6 million tonnes of recycled paper for various applications each year.