• Sat. Feb 24th, 2024

Metsä Group Invests EUR 100 Million to Modernize its Mänttä Tissue Paper Mill and Support Sustainable Production

ByEditor

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

Metsä Group, a leading forest products company in Finland, has announced a significant investment program to modernize and extend the life cycle of its Mänttä tissue paper mill. The company aims to improve the efficiency and environmental performance of the factory through these investments, which are part of its Future Factory strategy program.

The size of the planned investment program is approximately EUR 100 million, with investments expected to be implemented over the next five years. Metsä Tissue will invest in modernizing paper machines and processing lines, as well as improving energy and water efficiency. The goal is to ensure long-term continuity of efficient local tissue paper manufacturing in Mänttä, while also supporting the company’s goal of fossil-free products and production facilities by 2030.

The first investment under this program will be for a new hand towel line that will produce virgin fiber-based hand towel papers specifically for the Finnish market. Preparations are already underway, with plans for the line to become operational by 2025. Further investments will be announced as the program progresses.

Joonas Kukkonen, Vice President of Supply Chain at Forest Tissue Finland and the Baltics, stated: “Local tissue manufacturing means local jobs and improves society’s sustainability. This investment program for our Mänttä factory is a logical continuation of our ongoing Future Factory investment in Mariestad, Sweden, our planned tissue factory investment in Great Britain, as well as several other investments in our international factory network.”

Metsä Tissue is a subsidiary of Metsä Group’s tissue business unit, while Forest Board is a separate listed company within the group that focuses on board products such as plywood and particleboard.

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