Metsä Group has announced plans of approximately EUR 100 million investment in its tissue paper business in Mänttä mill, Finland to be carried over the next five years. The company plans to commence its first investment in a new hand towel line planned to be operational during 2025.
Feb 12, 2024
Metsä Group recently announced its plans for a significant investment program in its tissue paper business in the Mänttä mill to develop the sustainability of the operations and to modernize and extend the lifecycle of the mill. The investment plans are part of its tissue paper business ‘Future Mill strategy’ program aiming at world-class efficiency and environmental performance in tissue production. The planned program amounts to approximately EUR 100 million and the related investments are to be carried out over the next five years.
The company aims to develop the mill’s production and environmental efficiency by investing in paper machines and converting line modernizations as well as improving energy and water efficiency. Their aim is a long-term continuation of efficient local manufacturing operations in Mänttä and they support the company’s target of all products and manufacturing sites to be fully fossil-free by 2030. The investments will be communicated when the planning proceeds.
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Mr. Joonas Kukkonen, Vice President, Supply Chain, Metsä Tissue Finland and Baltics, said, “The investment program strengthens Finland’s self-sufficiency in essential, locally produced hygiene products and enables modernizing our operations in Mänttä. The plans will strengthen our focus on high quality fresh fibre based hygiene products that originate from the sustainably managed Northern forests. Our Katrin, Lambi, and Serla products will deliver the benefits of the investments to the Finnish consumers.”
As part of the planned program, the company will first initiate an investment in a new hand towel line, which will produce fresh fiber-based hand paper towels, especially for the Finnish market. Preparations for the new line are being started and the line is planned to be operational during 2025.
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“Locally manufactured tissue products mean local jobs and build resilience in the society. The planned investment program in Mänttä mill is a logical continuation of our on-going Future Mill investment in Mariestad, Sweden and our planned tissue paper mill investment in the UK, as well as several other investments in our international mill fleet. Now we will also modernize our operations in Finland”, said Mr. Kukkonen
