Valmet wins over €100 million pulp mill order for Century Sunshine in China

what happened

Finland's Valmet said on October 21, 2026 that it will provide core equipment for a new pulp plant that Century Sunshine is constructing in Shandong province, China. The package includes cooking and fiber lines, an evaporation unit, a recovery boiler with optimizers, ash treatment and a white liquor facility. The contract is worth more than EUR 100 million, though the exact amount will not be disclosed. The order was booked in Valmet's second-quarter 2026 intake.

The mill is part of Century Sunshine's three-phase 'Paper-for-Plastic' program, which aims to add 2.65 million tonnes of annual paper output as a replacement for plastics. The plant is planned to produce 1.2 million tonnes of pulp from hardwood or softwood each year, plus a further 400,000 tonnes of softwood pulp. Start-up is expected in June 2028.

Century Sunshine's Jeff Cheng said the project strengthens the company's control over raw material supply, and that Valmet was picked for its past work together and its ability to match both technical needs and the investment budget.

why it matters

For Valmet, this is a notable contract with a Chinese paper producer that deepens its presence in the local market. With 2025 net sales of roughly EUR 5.2 billion, the order looks moderate in size for the group as a whole. For investors, the news mainly signals demand for pulp capacity in China rather than a sharp change in market conditions.

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