Investments

Over the past five years, Metsä Board has invested nearly EUR 1 billion in expanding production capacity and improving the competitiveness and environmental performance of its mills. No significant new development investments are planned for the coming years.
  1. 2024-2025

    Renewal of Simpele board machine

    The modernized folding boxboard machine significantly improves the quality of folding boxboard and supports the company's goal of fossil-free production

     

    Investment decision New capacity  Completion Investment value Investment period
    Q2 2024 10,000 tonnes of folding boxboard H2 2025 EUR 60 million 2024-2026

    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

  2. 2023-2024

    Renewal of the Husum port concept

    Due to the growing logistics volumes of the Husum integrated mill, the port concept was renewed. The value of the investment was around EUR 20 million.

  3. 2021-2023

    Folding boxboard capacity expansion in Husum mill

    At the Husum integrated mill, the annual production capacity of folding boxboard was increased by 200,000 tonnes. The investment was completed in November 2023.

     

    Investment decision  New capacity  Start-up Investment value Investment period 
    Q2 2021 200,000 tonnes folding boxboard Q4 2023 EUR 230 million 2021-2023

     

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

     

  4. 2021-2023

    Development programme of the Kemi paperboard mill

    The development programme for the Kemi paperboard mill included capacity expansion of white kraftliner, a purchase of a unbleached pulp production line and improved energy and water efficiency of the mill. The investment was completed in September 2023.

     

    Investment decision  New capacity  Start-up Investment value Investment period 
    Q1 2021 40,000 white-top kraftliner, mainly coated Q3 2023 EUR 110 million

    2021-2023

    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 bought a modernised production line for unbleached pulp, an annual capacity of 180,000 tonnes, from Metsä Fibre. The development programme also reduced Kemi mill's water use by 40% and energy use by 5% per tonne of paperboard produced.

  5. 2019-2022

    Renewal of the Husum pulp mill

    A new recovery boiler and turbine

    Investment decision New capacity Start-up / completion Investment value Investment period
    Q2 2019 No new pulp capacity Q4 2022 EUR 380 million 2019-2023

     

    The new recovery boiler and turbine increased the
    pulp mill's bioenergy generation, and improved the
    electricity self-sufficiency of the integrated mill from 50% to over 80%. The new recovery boiler and turbine reduced the energy and maintenance costs, improved production efficiency and shortened the duration of annual maintenance works.