Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Woodworking machinery / Europe / Global
April 30, 2020
Metsa to buy half a billion euros equipment for its new giant sawmill in Finland
Metsä Fibre has agreed on the main equipment purchases for the new sawmill to be built in Rauma and the planned bio-product mill in Kemi. The total value of the agreements is approximately €500 million and their degree of Finnish content is 70 per cent. In the spring of 2019, Metsä started the pre-engineering for investments totalling roughly €2 billion, including the Rauma sawmill, Kemi bio-product mill and the first phase of the modernisation of the Husum pulp mill in Sweden. With these investments, Metsä meets across the entire forest industry value chain ...
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