Valmet and ARAUCO have signed an agreement to jointly develop the Arauco Mill Line 3 in Chile to become the world's most autonomous pulp mill. Valmet will supply its Industrial Internet Solutions (VII Solutions) comprised of Mill Wide Optimization applications, advanced prediction and monitoring applications as well as expert services. The target is to improve the overall efficiency and profitability of the entire mill by coordinating and optimizing across process islands. The expert support is given both onsite and remotely through Valmet Performance Centers in South America and the Nordics. The contract includes several Valmet Mill Wide Optimization applications which provide a completely new way to improve mill profitability. The Mill Wide Optimization applications use process flowsheet optimization to automate mill level decisions and coordinate process area actions by generating production and quality plans for each mill area to help increase production and reduce costs. Additionally, Valmet will deliver optimization, advanced monitoring and prediction applications for selected process areas focusing on the pulp dryer and power and recovery boilers. Optimizations are based on Valmet's kappa, brightness and alkali analyzer measurements. Valmet also delivers expert support onsite and remotely from Valmet Performance Centers in South America and the Nordics. A Valmet expert will be daily at the mill and Valmet specialists will visit the mill several times a year to evaluate the performance. A comprehensive Data Discovery service will be implemented during the five-year contract period.