Metsä invests EUR 1,1 billion in bioproduct sawmill

Metsä Fibre, part of Metsä Group, has launched an Environmental Impact Assessment (EIA) procedure related to a bioproduct mill planned in Äänekoski, Finland.

The EIA procedure will address the environmental impact of the bioproduct mill planned for the existing mill area of Metsä Group in Äänekoski, and consistently taking the impact into account in planning and decision-making.

The bioproduct mill planned by Metsä Fibre will, if implemented, cost about Euro 1.1 billion, and it would be the forest industry's largest investment ever in Finland. The mill's pulp production capacity is 1.3 million tonnes per year.

The goal is to build the mill in the existing pulp mill area and it would replace the mill currently operating in the area. The final investment decision on the mill construction will be made in early 2015, which means that the bioproduct mill could be operational in 2017.



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