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Valmet, Korber join forces to enhance digital offering for tissue industry

May 30, 2024  By P&PC Staff


Valmet and Körber have reached a joint venture agreement to strengthen FactoryPal, a venture of Körber. FactoryPal is a software for tissue converting operations that is designed to improve shopfloor manufacturing performance and productivity.

According to the joint venture agreement, Valmet will become the majority shareholder of FactoryPal, and FactoryPal will continue operating as an own legal entity under the existing FactoryPal brand. The addition of FactoryPal will further strengthen Valmet’s offering of advanced Industrial Internet solutions and digital services to support customers in the tissue industry. The joint venture follows Valmet’s acquisition of Körber’s Business Area Tissue that was completed in November 2023.

“Valmet has a unique end-to-end offering for tissue producers, from stock-preparation and tissue machines to rewinders, converting and packaging lines, as well as services and automation systems. We see FactoryPal as an excellent addition that will provide performance optimization, not only for converting operations but eventually also for the entire tissue-making process,” says Petri Rasinmäki, business line president for paper at Valmet.

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FactoryPal software uses data combined with user experience and advanced artificial intelligence (AI). FactoryPal reportedly acts as a co-pilot on the shop floor.

“By setting up this powerful partnership, FactoryPal will be able to advance its product development with extensive machinery and papermaking knowledge. This will empower us to deliver further innovative digital solutions across the entire tissue value chain, evolving the product to one of the leading AI-copilot solutions in the industry,” states Dr. Nadja Hatzijordanou, CEO of FactoryPal.


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