Metsä Board plans to sell 200,000 t in additional capacity mainly to the North American and European markets.
Finnish fresh fibre-based cartonboard and containerboard manufacturer Metsä Board, a company of the Metsä group, has made a final investment decision to increase the annual production capacity for folding boxboard at the Husum pulp and board mill by 200,000 t. The company puts the capital investment for the project at €210m. "The investment will be financed with current cash funds and future cash flows from operating activities," the Metsä Board said.
Husum mill houses one board machine with an installed capacity of 400,000 tpy. The investment project will increase production output of the BM 1 by 50 per cent, targeting customers in food, pharmaceutical, cosmetics, and food service packaging applications.
According to Metsä Board, preparatory work for construction will begin in October 2021 in connection with the planned annual maintenance shutdown. The ramp-up of additional capacity is expected to start in autumn 2023 and full production capacity is expected to be reached by the end of 2025.
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