Metsä Spring and Itochu Corporation joined forces to build a textile fibre demo plant

Metsa Group Aanekoski pulp mill. Source: http://www.metsafibre.com

Metsä Group’s innovation company Metsä Spring Ltd. and Japanese Itochu Corporation established a joint venture, which invests approximately €40 million in building and operating a test plant, with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibres. Business Finland, a Finnish governmental funding agency, participates in the financing of the demo project with an R&D loan.

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