Valmet's Neles Valves Drive Flow Control Innovation in South Korea
Seoul, Wednesday, 9 April 2025.
Valmet enhances the South Korean flow control industry with innovative Neles valves, promoting efficient maintenance and smart technology across oil, gas, and chemical sectors.
Strategic Market Position and Experience
With nearly 70 years of experience in valve technology, Valmet’s Flow Control business line, headquartered in Finland, is leveraging its expertise to transform South Korea’s industrial landscape [1]. The company’s core product brand, Neles, has established itself as a cornerstone of mission-critical flow control solutions, serving diverse sectors including pulp and paper, refining and chemicals, renewable energy, and mining and metals [2].
Market Growth and Innovation
The timing of Valmet’s expansion aligns with significant market opportunities, as the global flow meters market is projected to grow from USD 9,066.8 million in 2025 to USD 15,196.3 million by 2035, with South Korea showing a notable CAGR of 5.4% during this period [3]. The company’s focus on operational expenditure (OPEX) and continuous customer support positions it strategically in a market where trust, safety, and maintenance are paramount considerations [1].
Digital Transformation and Sustainability
Valmet’s innovation strategy in South Korea encompasses both digitalization and sustainability initiatives. The company is actively supporting customers in upgrading existing assets with smart devices and technology, enabling data-driven operational improvements [1]. This technological advancement is particularly crucial as flow computing innovations enhance real-time monitoring capabilities and predictive maintenance across oil, gas, and chemical sectors [4].
Future Growth and Regional Support
Looking ahead, Valmet is strengthening its local customer management capabilities to provide more efficient support for upcoming investment projects in South Korea [1]. The company’s commitment to the region is reinforced by its comprehensive approach to addressing customer-specific modifications and sustainability initiatives, particularly in emerging areas such as Sustainable Aviation Fuel (SAF) and carbon capture technologies [1][2].