{"id":35959,"date":"2016-07-08T07:32:48","date_gmt":"2016-07-08T05:32:48","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=35959"},"modified":"2016-07-07T12:16:35","modified_gmt":"2016-07-07T10:16:35","slug":"metsae-wood-launches-a-eur-100-million-investment-programm","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/metsae-wood-launches-a-eur-100-million-investment-programm\/","title":{"rendered":"Mets\u00e4 Wood launches a EUR 100 million investment programm"},"content":{"rendered":"

Mets\u00e4 Wood, the Wood Products Industry of Mets\u00e4 Group, launches an investment programme in its Kerto\u00ae LVL and plywood operations as part of its industrial efficiency strategy. Thanks to the programme, planned to be implemented in steps by the end of 2018, the company is able to better meet the globally growing demand for its products and improve its competitiveness. The programme includes a total of EUR 100 million investments in Finland and Estonia.<\/strong><\/p>\n

A new birch veneer peeling and drying line is planned to be built in \u00c4\u00e4nekoski to the Mets\u00e4 Group\u2019s Pulp and Paperboard Industries\u2019 mill site. This veneer production is planned to be processed in a new plywood mill to be constructed in Estonia. Suolahti mill\u2019s current birch veneer line is planned to be transferred to Estonia. The total annual birch plywood production volume would increase by approximately 30,000 cubic meters.<\/p>\n

Production of a new softwood based speciality product with an annual volume of approximately 60,000 cubic meters is planned to be established at the Suolahti mill. The final investment decision will be made at a later stage.<\/p>\n

The annual production capacity of the Kerto\u00ae LVL mill in Lohja is planned to be increased by 20,000 cubic meters by replacing two oldest production lines with one new line. The increased capacity combined with the higher product quality enables strengthening of Mets\u00e4 Wood\u2019s position especially in markets outside Europe.<\/p>\n

\u201dThese are major steps for Mets\u00e4 Wood to grow and further improve cost competitiveness. Demand for birch plywood is increasing especially in the light transport industry. In Kerto\u00ae LVL business more capacity is needed to continue growth in North America, in particular. Thanks to the investment programme a notable result improvement will be achieved, fully from 2019 onwards,\u201d says Esa Kaikkonen, Executive Vice President, Mets\u00e4 Wood.<\/p>\n

Approximately half of the EUR 100 million investments will be allocated to Finland. Annual saw log consumption is expected to increase by almost 300,000 cubic meters.<\/p>\n

The investment programme is not expected to impact the total amount of Mets\u00e4 Wood\u2019s mill personnel in Finland. Potential mill-specific personnel implications will follow the statutory labour negotiation process. Considering the changes in wood harvesting and logistics, the increase in employment in Finland is expected to be approximately 100 person-years in total. About 200 new jobs are expected to be created in Estonia.<\/p>\n

 <\/p>\n

Contacts<\/h3>\n

Esa Kaikkonen,
\nExecutive Vice President, Mets\u00e4 Wood,
\ntel. +358 10 469 4749<\/p>\n

Juha Laine,
\nSenior Vice President, Communications, Mets\u00e4 Group,
\ntel. +358 10 465 4541<\/p>\n","protected":false},"excerpt":{"rendered":"

Mets\u00e4 Wood, the Wood Products Industry of Mets\u00e4 Group, launches an investment programme in its Kerto\u00ae LVL and plywood operations as part of its industrial efficiency strategy. Thanks to the programme, planned to be implemented in steps by the end of 2018, the company is able to better meet the globally growing demand for its […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[5838],"supplier":[4348],"class_list":["post-35959","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioeconomy","supplier-metsae-group"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/35959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=35959"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/35959\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=35959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=35959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=35959"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=35959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}