Metsän vuosi

Metsä's year 2017

Our growth phase achieved many important milestones.

Northern bioproducts to the world

Good growth and profitability outlooks

Metsä Group’s investments in 2015–2017 totalled EUR 2 billion, of which approximately 85 per cent related to investments in Finland. In future, these investments will increase our annual sales by approximately 20 per cent. We are growing worldwide – in Europe, North America, Asia and Oceania.

On this page we have collected our reports that provide the reader with a good overall picture of Metsä Group and its operations. You can find the latest annual broschure Sustainably from the forest, financial statements, corporate governance statement as well as the Sustainability Report below. Metsä Board and Metsä Fibre's reports you can find linked on the right. 

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Metsä's year 2017

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Financials

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Governance

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Sustainability

Key figures

Metsä group
Sales
Total
5.0 Eur
Billion
Personnel
Total
9,100

​Metsä forest

wood supply and forest services

​METSÄ wood


wood products

​Metsä Fibre

pulp and sawn timber

metsä board


paperboard​

​metsä tissue

tissue and cooking papers​                         

SALES
EUR 1.6 BILLION

PERSONNEL
850

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%

SALES
EUR 0.5 BILLION

PERSONNEL
1.400

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%    

SALES
EUR 1.9 BILLION

PERSONNEL
1.200

OWNERSHIP OF METSÄLIITTO COOPERATIVE 50,1%, METSÄ BOARD 24,9%, ITOCHU CORPORATION 25,0%

​SALES
EUR 1.8 BILLION

PERSONNEL
2.350

OWNERSHIP OF METSÄLIITTO COOPERATIVE 42,53% (HOLDING OF VOTES 62,15%)

​SALES
EUR 1.0 BILLION

PERSONNEL
2.800

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%                           

​METSÄLIITTO COOPERATIVE

GROUP'S PARENT COMPANYOWNED BY 104,000 FINNISH FOREST OWNERS

Metsä Group is doing very well at the moment. Our 2017 comparable operating result was record high in
proportion to sales. Our profitability last year improved, mainly due to positive developments in the
paperboard business and a rise in pulp prices. Our growth phase achieved many important milestones in
2017.

 

The world’s first next-generation bioproduct mill started up at Äänekoski, Finland, in August 2017. We
followed the schedule and budget exactly. The bioproduct mill showed that major investment projects
can be implemented in Finland competitively and in line with the highest quality standards. This was made
possible by careful planning and highly committed employees, as well as open, constructive cooperation
between the project parties.
Kari Jordan

The bioproduct mill’s construction phase was successful, and its start-up phase has progressed better than we expected. The project’s value is approximately EUR 1.2 billion, and it is the biggest investment in the history of the Finnish forest industry. The combined production of softwood pulp and birch pulp at Äänekoski will rise to 1.3 million tonnes by the summer of 2018. Bioproducts other than pulp account for roughly a fifth of the mill’s sales at the very beginning, and this figure will be even higher later on.

 

The pulp mill is the heart of companies located in or close to the integrated mill. The bioproducts in this
ecosystem are made from the mill’s side streams or through the further processing of pulp. New
bioproducts include the product gas and sulphuric acid used at the mill, as well as biogas, which can be used as a traffic fuel, and in the next stage, a biocomposite that could potentially replace plastic. The development work of a pulp-based textile fibre and a lignin product are in their pilot plant phase.

 

In 2017, we also laid the foundation stone of the plywood mill in  Estonia, set to be completed in the summer of 2018, and started up a new Kerto® LVL line at Lohja, as well as an extrusion coating line at
Husum’s paperboard mill. The work related to converting the old paper machine hall at Äänekoski into a birch veneer mill and the renewal of the baking paper machine at the Düren mill proceeded well. In
December 2017, we also made the decision to increase Kerto® LVL production at the Punkaharju mill. The new line at Punkaharju will start up during the first half of 2019.

 

Our investments in 2015–2017 totalled some EUR 2 billion. It is now time to take maximum advantage of these investments. The measures implemented and underway will enable us to increase our annual sales profitably by approximately 20 per cent in the coming years. We are seeking growth worldwide – in our home markets in Europe, as well as in North America, Asia and Oceania.

Read the full summary in the financial statements 2017 (PDF).

                 

The bioproduct mill's construction phase was succesful, and its start-up phase has progressed
better than we expected.


Highlights

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First-class environmental performance

Environmental performance Metsä Group’s mills use the best available technology. The environmental performance of
our mills is world-class and we are continuously striving to improve. For example, our
fossil CO2 emissions per product tonne have decreased by 38% compared to the level
in 2009.
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A forerunner in developing digital services

Digital services

More than 25% of the wood trade of Metsä Group’s wood supply and more than 35% of the sales of the forest management services were conducted digitally in 2017. The value of the wood trade in Metsä Group’s digital Metsäverkko service over a period of roughly two years totals more than EUR 200 million. The new virtual forest demonstration allows a forest owner to compare the impact that different felling alternatives could have on their income and on the forest scenery.

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Faster, lighter and greener

Kerto LVL The benefits of wood construction – faster construction, the lightness of the material and a smaller impact on the environment – give it great possibilities in urban environments. Metsä Wood invests in improving the competitiveness of its Kerto® LVL production in Finland. In 2017, a new Kerto LVL production line started its operation at Lohja and a new production line at the Punkaharju mill is planned to start up in the first half of 2019.
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Next-generation bioproduct mill

Bio product mill Metsä Group’s next-generation bioproduct mill was completed precisely on schedule and on budget. The mill’s annual capacity is 1.3 million tonnes of pulp. Deliveries started at the beginning of September
2017, and the mill will achieve its nominal capacity within a year from its start-up. Besides pulp, the mill
also produces other bioproducts, including tall oil, turpentine and energy. The new bioproducts manufactured at the bioproduct mill or in the industrial ecosystem around the mill include product gas from bark, sulphuric acid made from the mill’s odorous gases, as well as biogas and biofuel pellets refined from  sludge. Metsä Fibre is investigating several different processes and product paths, which will be implemented in phases. Potential  new bioproducts include biocomposites, textile fibres and lignin products.
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Extrusion coating line started up at Husum

Husum

Metsä Board’s new extrusion coating line, started up in 2017, expanded the product selection for food service packaging with a PE-coated paperboard. The annual production capacity of the production line in  Husum, Sweden is 100,000 tonnes. The paperboards meet the strict requirements for food and food service packaging in terms of, product safety, purity and the protection of the product. PE is the most widely used  barrier against moisture and water in food and food service packaging.

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Customer-oriented product development

Product development

During 2017, Metsä Tissue introduced many new consumer and large-scale consumer products to the market. Lambi continues to be the most popular tissue paper brand in the Nordic countries, and strong position was supported by new product launches. Serla re-designed the household paper category by launching several products for different end-uses. Mola and Tento have a strong position in Eastern-Central Europe and this was strengthened by several launches. In the large-scale consumer market, Katrin Hand Towels introduced a new compression pattern to improve the softness and absorption of the product. In Finland, SAGA launched a new product particularly suitable for cold cooking in industrial kitchens.

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More renewable energy

Renewable energy

Metsä Group utilises its production side streams efficiently, either as material or energy. We have systematically invested in technologies that support the use of renewable energy. 88 of the fuels used in our production in 2017 were biobased. We also produced 15% of the renewable energy in Finland.