Pulp Paper & Logistics
METSA GROUP 17 ¨ ANDRITZ
in addition to creating around 1,500 new jobs throughout the direct value chain and having an effect on wood supply across the country. As Finland is celebrating 100 years of independence, Metsä Group is honoured to be participating in building a stronger economy for the country.” The €1.2 billion investment is the largest by the forest industry in Finland, of which 40 per cent was equity financed and 60 per cent debt financed. In addition, Metsä Fibre received €32.1 million as an investment subsidy
for renewable energy from the Finnish Ministry of Employment and the Economy. Metsä Fibre is owned by Metsäliitto Cooperative (50.2 per cent), Metsä Board Corporation (24.9 per cent) and Itochu Corporation (24.9 per cent). Annual pulp production of the mill when fully operational during 2018 is expected to be 1.3 million tonnes, of which 800,000 tonnes will be from softwood and 500,000 tonnes from hardwood. The softwood pulp will be exported mainly to Europe and Asia. The operating model for the bioproduct mill is based on a partnership network where
new products are created in cooperation between various expert operators in the value chain. Metsä Group is expecting businesses of various sizes and in various stages of development that specialise in biomaterials and bioenergy, for example, to join the ecosystem. Opportunities to manufacture innovative, high- added-value bioproducts will open up for small and medium-sized enterprises in particular. The ecosystem created by the bioproduct mill is said to be unique in the world. Products that are already being manufactured at existing pulp mills constitute the
core of the product selection of the bioproduct mill, such as: • High-quality pulps to be used as raw materials for paper, tissue paper and paperboard.
• Tall oil and turpentine. Tall oil is used to produce glue, ink, paints and biofuels, among other products. Turpentine is used in the production of odorants and paints, for example.
• Bioenergy products, such as bioelectricity, process steam, district heat and bark-based solid fuel. District heat can be used by the town of Äänekoski, for example.
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November/December 2017
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