EUR 1.1 bn investment to next-generation bio-product mill by Metsä Group

New next-generation bio-product mill is planned to be built to Äänekoski, Finland, by Metsä Fibre, part of Metsä Group. The bio-product mill will be capable to utilize the raw wood material and side streams 100 % without any fossil-based fuels. Wide variety of products including high-quality pulp, bio-energy, and different bio-materials are to be generated in a resource-efficient way.

 

Metsä Group, the Finnish forest industry group, is presently employing some 11,000 people and operating in 30 countries. In 2013 the total sales of Metsä Group was 4.9 billion. Currently, Metsä group has board mill in Äänekoski producing fully coated bleached paperboards for high performance packaging and graphical end uses. Besides the bio-product mill, a unique bio-economy ecosystem of companies is planned to take place around the modern pulp production.

 

Read the company announcement of Metsä Group here.

Last updated: 6.5.2014