February 24, 2024 12:53 pm
Metsä Group Announces 100 Million Euro Investment Plan for Tissue Paper Factory in Mänttä

Metsä Group, a Finnish forest products company, has announced plans for a significant investment program to modernize its Mänttä tissue paper mill. The company aims to extend the life cycle of the mill and improve its efficiency through these investments. The program is 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 planned investment program will cost approximately EUR 100 million and will be implemented over the next five years. The investments will focus on modernizing paper machines and processing lines and improving energy and water efficiency. This will enable the factory to produce high-quality tissue papers with minimal waste while maintaining its competitiveness in the global market.

The first phase of the program includes an investment in a new hand towel line that will produce virgin fiber-based hand towel papers specifically for the Finnish market. Preparations for this investment are already underway, and it is expected to be operational by 2025. Further investments are planned as the project progresses, with announcements being made as necessary.

According to Joonas Kukkonen, Vice President of Supply Chain at Forest Tissue Finland and the Baltics, local tissue manufacturing means local jobs and improves society’s sustainability. This investment in Mänttä is a natural extension of Metsä Group’s ongoing Future Factory investment in Mariestad, Sweden, as well as planned investments in Great Britain and other international factories in its network. By investing in Mänttä, Metsä Group can continue to produce high-quality tissue papers while contributing to Finland’s economy and environment.

Metsä Tissue is a subsidiary of Metsä Group that specializes in producing high-quality tissue products using sustainable forestry practices. The group operates over 35 factories worldwide, producing more than 40 million tons of pulp annually from sustainably managed forests.

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