Finnish tech firm wins first biomass order in Japan

Valmet will supply both a boiler system and an exhaust gas scrubber for a biomass-fired thermal plant in the Asian country.


Finnish technology developer Valmet has won an order from Japan to domestic company Tahara Biomass Power with a boiler system for a biomass-fired power plant, reports Bloomberg News.

Valmet develops, manufactures and provides service for technologies used in paper pulp, paper and energy industries.

Beyond the boiler, the company will also deliver a scrubber system for exhaust gas.

The order will be booked in Valmet's third quarter accounting. According to the media, this type of order is typically valued at EUR 70m.

Valmet's share price rises by 1.3 percent to EUR 38.07 in Nasdaq Helsinki trading.

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