Metsa Group Plans to Invest €100 million in its Tissue Paper Mill in Mantta, Finland

Specifications:

Name:

Metsa Group Plans to Invest €100 million in its Tissue Paper Mill in Mantta, Finland

Location:

Mantta, Finland

Company:

Metsa Group

Estimated Cost:

€100 million

Source:

https://www.metsagroup.com/

Introduction:

Metsä Group announces 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.

Features:

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 euros and the related investments are to be carried out over the period of next five years.

The company aims to develop the mill’s production and environmental efficiency by investing in paper machine and converting line modernizations as well as improving the energy and water efficiency. Their aim is long term continuation of the 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.

As part of the planned program, the company will first initiate an investment in a new hand towel line, which will produce fresh fibre 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.