Metsä Board, part of Metsä Group, announced in May 2022 that it will explore possibilities to increase folding boxboard capacity in Finland or Sweden in order to support its customers’ growth and to strengthen its service capability.
As result of the study, the company will start pre-engineering for a new folding boxboard mill with an annual capacity of approximately 800,000 tonnes at the Kaskinen mill site in Finland. The pre-engineering phase will include technical design, design of infrastructure and logistics solutions and tendering for the main equipment. As part of the pre-engineering, an environmental impact assessment and an environmental permit process will be launched. The company estimates that a possible investment decision could be made in 2024 at the earliest.
The pre-engineering for the new folding boxboard mill is based on fossil-free production and world-class resource and production efficiency. Thanks to the best available technology, the consumption of raw materials, energy and water per tonne of folding boxboard produced would be significantly lower when compared with the existing mills. The product concept would benefit from Metsä Board's long-term development work in the production of premium lightweight paperboards.
Metsä Group is responsible for Metsä Board’s wood procurement. Metsä Board produces pulps used in the paperboard production, or buys them from the associate company Metsä Fibre, the world's leading producer of high-quality softwood market pulp. Metsä Fibre is also part of Metsä Group.
Metsä Board is Europe's largest producer of folding boxboard and white kraftliners. "The investment, when decided, is in line with Metsä Board’s strategy to grow in fibre-based materials and renew our industrial operations. Our ambition is to have the world's most resource-efficient mill, cutting-edge competitiveness and a product concept that enables carbon footprint reduction. Demand for packaging made from renewable raw materials and replacing plastic will continue to grow. We want to meet this demand with more sustainable packaging solutions that promote the circular economy," says Metsä Board's CEO Mika Joukio.
Metsä Board
www.metsagroup.com/metsaboard
Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030.
Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2021 our sales totaled EUR 2.1 billion, and we have around 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.
Source: Metsä Board
