Valmet settles Kemi bioproduct mill arbitration dispute with Metsä Fibre
Bitget2026/10/30 11:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Valmet reached a settlement with Metsä Fibre on October 30, 2026, closing arbitration over the Kemi bioproduct mill in Finland.
- The outstanding claim totaled approximately EUR 33.5 million at the end of the third quarter of 2026.
- Arbitration announced October 15, 2024, involved approximately EUR 47 million, with potential additional claims estimated at EUR 65 million.
- Valmet disputed the claims and pursued counterclaims; the confidential settlement also covers other claims and reservations between the parties.
- The settlement's financial impact will be recorded in fourth-quarter 2026 results as an item affecting comparability.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valmet Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20261030:BIT:2487:0) on October 30, 2026, and is solely responsible for the information contained therein.
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