Investments

The investment include renewals in the pre-dryig and coating section of the folding boxboard machine. It will enable the replacement of fossil fuels in paperboard production, increase production efficiency and improve the quality of folding boxboard. The increase in production capacity will bring Simpele's production capacity of folding boxboard to about 310,000 tonnes/year. Simpele mill produces high-quality lightweight folding boxboard, mainly for food and pharmaceutical packaging

Investment in brief

Following the investment, the annual capacity of folding boxboard of paperboard machine BM1 in Husum is 600,000 tonnes per year. Start-up for additional capacity was in Q4 2023, and capacity is expected to be fully on the market in 2026.

The investment will increase sales by approximately EUR 200 million. In addition, it is expected to have a positive impact of approximately EUR 50 million on the company’s annual comparable EBITDA. Sales growth and improved result is expected to be reached in full in 2026. 

As part of the investment, Husum port consept was also renewed. 

Investment in brief

The programme increased the mill's annual white kraftliner capacity from 425,000 tonnes to 465,000 tonnes. This will strengthen Metsä Board's global leading position as coated white kraftliner producer.  As part of the programme, the Company will buy a modernised production line for unbleached pulp, an annual capacity of 180,000 tonnes, from Metsä Fibre. The development programme will reduce Kemi mill's water use by 40% and energy use by 5% per tonne of paperboard produced.

Start-up for additional kraftliner capacity was in Q3 2023 and capacity is expected to be fully on the market by the end of 2025.

Part of the investment cost was transferred into 2024.