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Speciality & Graphic Paper

Jeonju Paper Corporation

Broader sector Private
Headquarters
Seoul, KR
Segment
Speciality & Graphic Paper
Stories held
1
Last story
24 Sep 2026

Jeonju Paper Corporation is a South Korean paper producer operating the Jeonju and Cheongwon mills, with combined capacity of about 1,030,000 tonnes a year of newsprint and industrial paper. It is majority owned by private equity investors Morgan Stanley Private Equity Asia and Shinhan Private Equity, having previously been part of Norske Skog.

1 stories · 2026

Valmet to rebuild press section for Jeonju Paper's PM 5 in South Korea

Jeonju Paper Corporation has selected Valmet to rebuild the press and predryer sections of paper machine PM 5 at its South Korean mill. The rebuild targets lower steam consumption and improved runnability, with start-up scheduled for autumn 2027. Order value was not disclosed and is included in Valmet's second-quarter 2026 orders received.

Why this mattersThe rebuild extends the life and lowers the energy cost base of an established paper machine rather than adding new capacity, reflecting a trend toward efficiency retrofits over greenfield investment.

  • Jeonju Paper Corporation selected Valmet to rebuild the press and predryer sections of paper machine PM 5 in South Korea
  • Start-up of the rebuilt machine is scheduled for autumn 2027
  • The rebuild aims to lower steam consumption and reduce drying energy use
  • Delivery includes a runnability system upgrade and a spare parts package
  • Order value was not disclosed
  • Order booked in Valmet's orders received for the second quarter of 2026
Valmet Jeonju Paper Corporation counterparty
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