Bioproduct mill project

Metsä Fibre, a part of Metsä Group, commences pre-engineering project to build a new bioproduct mill in Kemi, Finland. If implemented in full, the total value of the investment would amount to EUR 1.5 billion.

The Kemi bioproduct mill would 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 would be almost 10,000 person-years of which over half in Kemi.

The annual pulpwood consumption of the new Kemi bioproduct mill would be approximately 7.6 million cubic meters, which is roughly 4.5 million cubic meters more compared to the consumption of the current mill. 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 pre-engineering project includes pre-engineering, environmental impact assessment (EIA), environmental permit process and for example the equipment contracts. Pre-engineering project takes approximately a year or until summer 2020. It will be followed by an investment decision, after which the construction of the mill would begin immediately in Kemi, Finland. The investment decision will be made at the earliest in the summer of 2020 and the new mill would be started in the first half of the 2020s.

Pine sawmill project

Metsä Fibre commences also a pre-engineering project to build a pine sawmill at its mill site in Rauma. The estimated annual production of the sawmill would be approximately 750,000 cubic meters. The new sawmill would be the most modern and efficient unit in its field in the world.

The new sawmill would directly employ approximately 100 people and in its direct value chain roughly 500 people in total. The employment impact in the construction phase would be approximately 1,500 person-years.

The sawmill’s annual sawlog consumption would be approximately 1.5 million cubic meters. Wood for the sawmill is planned to be sources from Finland. The increased sawn timber volumes would be sold mainly to European and Asian customers. The final investment decision related to Rauma sawmill is expected to be made in early 2020.

Renewal project of Husum integrate's pulp mill

Metsä Board has concluded a prefeasibility study related to renewal of Husum integrate’s pulp mill in Sweden and starts pre-engineering of the first phase of the renewal. The plan is to build a new recovery boiler and a turbine to replace the mill’s old recovery boilers and turbines. This investment would amount to approximately EUR 300 million and it would be implemented during 2019–2022. The mill’s two fibre lines are planned to be replaced with one new line in the second phase of the renewal in the 2020’s.

The final investment decision related to the first phase of Husum pulp mill’s renewal is expected to be made in the last quarter of 2019 at the earliest.