Bioproduct mill project
Metsä Fibre, part of Metsä Group, has made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is EUR 1.6 billion and it is the largest investment ever made by the Finnish forest industry in Finland.
The Kemi bioproduct mill will directly employ approximately 250 people and, in its entire direct value chain, roughly 2,500 people in total. There is an increase of 1,500 people compared to the current situation. The employment impact in the construction phase is almost 10,000 person-years of which over half in Kemi.
The Kemi bioproduct mill would produce some 1.5 million tonnes of softwood and hardwood pulp a year as well as numerous other bioproducts. The annual pulpwood consumption of the new Kemi bioproduct mill would be approximately 7.6 million cubic meters. The aim is to source the pulpwood for the mill from Finland. The bioproduct mill would be the world top regarding to productional, environmental and energy efficiency. The mill would not use any fossil fuels at all and its self-sufficiency in electricity is 250%.
The environmental and water supply permits to the Kemi bioproduct mill were granted in December 2020 and the investment decision was made in February 2021. The construction phase will take approximately two and a half years, and the mill will be completed during the third quarter of 2023.