Valmet and Metsä Fibre settle Kemi bioproduct mill arbitration

Valmet and Metsä Fibre have settled their arbitration dispute over the Kemi bioproduct mill in Finland, ending proceedings that began in October 2024. Settlement terms, including any payment, are confidential, and Valmet will record the financial impact as an item affecting comparability in its fourth-quarter 2026 results.

Why this mattersRemoves a multi-year contractual overhang between a leading pulp producer and its mill technology supplier ahead of Valmet's Q4 reporting.

• Metsä Fibre filed for arbitration in October 2024 over the Kemi bioproduct mill, initially claiming about EUR 47 million.
• Metsä Fibre later flagged potential additional claims of about EUR 65 million.
• The open claim against Valmet stood at about EUR 33.5 million at the end of the third quarter of 2026.
• Valmet disputed the claims and pursued counterclaims against Metsä Fibre.
• Settlement terms, including any payment, are confidential.
• Valmet will reflect the financial impact as an item affecting comparability in its Q4 2026 results.

Relevant to you? Yes No