-+ 0.00%
-+ 0.00%
-+ 0.00%
Valmet notified of arbitration claim by Kronospan Energy S.A.
Share
Listen to the news

Valmet Oyj's stock exchange release (inside information) on November 9, 2026 at 18:15 p.m. EET

ESPOO, Finland, Nov. 9, 2026 /PRNewswire/ -- Kronospan Energy S.A. has filed a request for arbitration against Valmet Technologies Oy, which is a subsidiary of Valmet. The arbitration concerns the Purchase Agreement between Kronospan Energy S.A. and Valmet Technologies Oy dated January 18, 2022 for delivery of a biomass-fired heat and power plant ("CHP3") as specified under the Purchase Agreement.The Take-Over of CHP3 was July 12, 2024. Typically, the price of a project with a similar scope is approximately EUR 100 million.

Read more at prnewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending