Investing in future growth

The confidence in the bright future of forestry and the forest industry, as well as wood-based products, is evident in Metsä Group as the extensive development of products, operating methods and mills. We invest strongly in the future.

We are a frontrunner in the forest industry with the courage to renew. A good example of this is the total investment of over four and a half billion euros in increasing and developing our production from 2015 onwards. This period includes the construction of a state-of-the-art bioproduct mill in Äänekoski, a new birch plywood mill in Pärnu, new production lines for the Kerto mills in Lohja and Punkaharju in Finland as well as many ongoing investments.

The growth and profitability prospects of all our businesses are good. Metsä Group is currently building the world's most modern sawmill in Rauma and a new generation bioproduct mill in Kemi. In Sweden, we are renewing the Husum pulp mill and increasing our folding boxboard capacity. We are also preparing to increase tissue paper production in Mariestad.

Bioproduct mill project

Metsä Fibre, part of Metsä Group, is buildin a new bioproduct mill in Kemi, Finland. The value of the investment is EUR 1.85 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.

Kemi pulp mill

Pine sawmill project

Metsä Fibre is building a new pine sawmill in its mill area in Rauma. The value of the investment is approximately EUR 200 million, and it is the largest sawmill investment in the history in Finland. Construction of the new sawmill began in spring 2020 and production is scheduled to start by the end of 2022.

The Rauma sawmill will be the most modern and efficient sawmill in the world, where the level of utilization of new technology and data is clearly higher than in the current sawmills. The sawmill will produce about 750,000 cubic meters of pine sawn timber per year and use about 1.5 million cubic meters of Finnish logs for its production.

The new sawmill employs directly about 100 people and its direct value chain about 500 people. The degree of domesticity in construction is high, about 70%, and the construction phase employs 1,500 people.

The synergies of the mill integrate formed by the Rauma sawmill and the pulp mill are utilized in energy production, utilization of side streams, logistics and services.

Rauma pine sawmill

Renewal of the Husum pulp mill and increase of folding boxboard capacity

Metsä Board is renewing the pulp mill of the Husum mill integrate in Sweden in two phases. The investment decision for the first phase of the reform was announced on December 1, 2020. The first phase will be the construction of a new recovery boiler and turbine at the mill, and in the second phase, to be decided later, the mill’s two existing fibre lines will be replaced by one new one. The investment to be made during 2019-2022 is worth a total of approximately EUR 360 million.

The mill's annual pulp capacity of approximately 750,000 tonnes will remain unchanged after the investments, but its cost competitiveness will improve significantly.

Metsä Board also invests EUR 210 million in increasing folding boxboard capacity at the Husum mill.The current annual capacity of the BM1 board machine is 400,000 tonnes of folding boxboard, which will increase to 600,000 tonnes after the investment. The ramp-up of additional capacity is expected to start in Autumn 2023, and full production capacity is expected to be reached by the end of 2025.

Husum mill integrate

Kemi paperboard development programme

Metsä Board has started a development programme for the white-top kraftliner mill in Kemi, enabled by Metsä Fibre's new bioproduct mill investment which was announced in 2021. The total investment value of the programme is approximately EUR 67 million.

The development programme will increase the mill's annual paperboard capacity by approximately 40,000 tonnes. The programme includes a series of modernisation and bottleneck investments in the paperboard production line. As part of the programme, Metsä Board will purchase the modernised unbleached pulp production line with an annual capacity of approximately 180,000 tonnes from Metsä Fibre in 2023.

Kemi board mill

Increasing tissue paper production in Mariestad

Metsä Tissue is planning an investment in its mill in Mariestad, Sweden, which would increase the annual tissue paper production capacity from 70,000 tonnes to 145,000 tonnes from 2024 onwards. Currently, the project is in the preliminary study phase, the application for an environmental permit for the new production line was submitted in May 2020. The value of possible investments to be implemented during 2021–2023 is estimated at approximately EUR 230 million. The renovated mill is planned to use Best Available Technique (BAT), and the key objectives of the project are defined as part of Metsä Group's strategic sustainable development goals for 2030.

Mariestad mill area

Äänekoski Kerto LVL project

Metsä Group is planning to construct a new Kerto® LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately EUR 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 cubic metres of log procured from Finland. The annual Kerto LVL production capacity of the new mill, to be constructed in phases between 2022 and 2026, will be approximately 150,000 cubic metres. This means an increase of some 50 per cent in Metsä Group’s current Kerto LVL production.

The mill will be a global forerunner in its field in terms of its technology and efficiency. The new mill would have a direct employment impact of around 140 new jobs, in addition to which it would add some 200 person-years to its direct value chain. The employment impact during the construction phase is estimated at 1,000 person-years.