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Metsä Group plans 100 million euro investment in Mänttä tissue paper factory


Feb 13, 2024

Metsä Group is planning to make a significant investment in developing the operations of the Mänttä tissue paper mill. This investment program is part of the company’s tissue business’s Future Factory strategy program, which aims to achieve world-class efficiency and environmental performance in tissue paper production. The planned size of the investment program is approximately EUR 100 million, and the investments will be implemented over the next five years.

The company’s goal is to improve the production and environmental efficiency of the factory by investing in the modernization of paper machines and processing lines, as well as enhancing energy and water efficiency. The long-term objective is to ensure the efficient local tissue paper manufacturing in Mänttä. This program also supports the company’s ambition to achieve fossil-free products and production facilities by 2030. The specific investments will be announced as the plans progress, according to Joonas Kukkonen, Vice President of Supply Chain, Forest Tissue Finland, and the Baltics.

The first investment of the planned program is focused on a new hand towel line, which will produce virgin fiber-based hand towel papers for the Finnish market. Preparations for this investment are starting, and the line is expected to be operational in 2025. This investment program is viewed as a logical extension of the company’s ongoing Future Factory investment in Mariestad, Sweden, and the planned tissue factory investment in Great Britain, as well as several other investments in their international factory network.

Metsä Tissue is Metsä Group’s tissue business, while the publicly-listed company Forest Board is a subsidiary of Metsä Group.

By Editor

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