• Sat. Mar 2nd, 2024

Metsä Group Invests EUR 100 Million in Modernizing Tissue Paper Mill in Finland

ByEditor

Feb 13, 2024
Metsä Group Announces 100 Million Euro Investment Plan for Tissue Paper Factory in Mänttä

Metsä Group is set to invest approximately EUR 100 million in a significant program to modernize and extend the life cycle of its Mänttä tissue paper mill. The investment plans are part of the company’s tissue business’s Future Factory strategy program, which aims for world-class efficiency and environmental performance in tissue paper production.

The first investment of the planned program is aimed at a new hand towel line, which will produce virgin fiber-based hand towel papers for the Finnish market. Preparations for the investment are underway, and the line is expected to be operational by 2025. Further investments are expected to be announced as the plans progress.

Joonas Kukkonen, Vice President, Supply Chain, Forest Tissue Finland and the Baltics, stated that local tissue manufacturing means local jobs and improves society’s sustainability. The investment program planned for the Mänttä factory is a logical continuation of Metsä Group’s ongoing Future Factory investment in Mariestad, Sweden, and its planned tissue factory investment in Great Britain, as well as several other investments in its international factory network. With this investment, Metsä Tissue aims to develop its operations in Finland while also supporting its goal of fossil-free products and production facilities by 2030.

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