Metsä Group has announced a significant investment program for its Mänttä tissue paper mill. The company aims to modernize the mill and extend its lifespan through these investments as part of its Future Factory strategy program, which focuses on world-class efficiency and environmental performance in tissue paper production.
The planned investment is worth approximately EUR 100 million and will be implemented over the next five years. The company plans to develop the factory’s production and environmental efficiency by investing in modernizing paper machines and processing lines, improving energy and water efficiency, and developing a new hand towel line that will produce virgin fiber-based hand towel papers for the Finnish market.
Joonas Kukkonen, Vice President of Supply Chain for Forest Tissue Finland and the Baltics at Metsä Group, stated, “Local tissue manufacturing means local jobs and improves society’s sustainability.” He added that this investment is a logical continuation of Metsä Group’s ongoing Future Factory investment in Mariestad, Sweden, as well as several other investments in its international factory network.
Metsä Tissue is a subsidiary of Metsä Group’s tissue business. Meanwhile, Forest Board is the listed company owned by Metsä Group.