Investing in sustainable and profitable growth

^{Dates and figures are estimates and may change during the investment period}

Investment in brief

Following the investment, the annual capacity of folding boxboard of paperboard machine BM1 in Husum will be 600,000 tonnes per year. Estimated start-up for additional capacity is in H2 2023, and full capacity is expected to be reached by the end of 2025.

The investment will increase Metsä Board’s annual 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. 

Due to the growing logistics volumes of the Husum integrated mill, the port concept will also be renewed. The value of the investments, still partly being planned, is EUR 20–30 million. 

<sup>Dates and figures are estimates and may change during the investment period
* will be specified later</sup>

Investment in brief

The programme will increase the mill's annual white kraftliner capacity from current 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 from Metsä Fibre. The production line’s annual capacity is roughly 180,000 tonnes. The development programme will reduce mill's water use by 40% and energy use by 5% per tonne of paperboard produced and represents a significant step towards the company’s sustainability targets set for 2030.

Start-up for additional kraftliner capacity is expected to be in H2 2023 and capacity to be fully in the market in 2025.