The application period for Metsä Group’s funding programme for nature restoration projects started yesterday. Funding for planned and targeted measures aiming at safeguarding biodiversity can be applied for until 30 April. Metsä Group’s nature programme is a ten-year funding scheme, launched in 2021, which finances development projects promoting biodiversity implemented outside commercial Finnish forests. To date, 16 different projects across Finland have been granted funding, amounting to €600,000. The company does not seek business profit through the projects.
Metsä Group’s pine sawmill inaugurated in Rauma
The new Rauma pine sawmill of Metsä Fibre, part of Metsä Group, was inaugurated last Monday, 10 October 2022, by Prime Minister Sanna Marin with Ilkka Hämälä, Metsä Group’s President and CEO, and Jussi Linnaranta, Chair of the Board of Directors of Metsäliitto Cooperative.
Metsä Group is planning to invest €200 million in the construction of a Kerto® LVL mill in Äänekoski
Metsä Group is planning to construct a new Kerto® LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately EUR 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 cubic metres of log procured from Finland.
Nouryon and Metsä Fibre join forces to boost the bioeconomy
Nouryon has signed a 10-year agreement with Metsä Fibre, part of Metsä Group. Under the long-term agreement, the Dutch company will provide Metsä Fibre with sodium chlorate for its new bioproduct mill in Kemi, Finland.
Metsä Group is investing 1.6 billion euros to build the mill which, once operational, will produce 1.5 million tons of softwood and hardwood pulp each year. As a key element of the partnership, Nouryon will invest in its Oulu production facility in Finland by expanding its production capacity and upgrading the facility to manufacture sodium chlorate with renewable energy.
Metsä Group’s Kuura textile fibre takes a step forward in the sustainability
The Spanish private research organisation CARTIF has completed the first assessment focusing on the environmental and social performance of Metsä Group’s Kuura textile fibre. Kuura is still in a R&D phase and the production process to make it is currently being tested and further developed at a tonne per day demo plant in Äänekoski, Finland. The outcome of the assessment conducted by CARTIF is very good for Kuura. In regard to environmental performance, when comparing to other commercial man-made cellulosic fibres (viscose and lyocell), and to cotton, Kuura shows the lowest impact on climate change, supporting its viability as a sustainable solution in the market of textile fibres.
Metsä Fibre invested €1.6 billion to build a new bioproduct mill in Kemi, Finland
Metsä Fibre, part of Metsä Group, made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is €1.6 billion and it is the largest investment ever made by the Finnish forest industry in Finland. The construction phase will take approximately two and a half years, and the mill will be completed during the third quarter of 2023.