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Finnpulp Director Says Preparation Will Continue for Proposed Bioproduct Mill in Kuopio, Finland

Finnpulp The proposed EUR 1.6 billion bioproduct mill would be one of the world's largest softwood pulp mills with an annual pulp production capacity of 1.2 million tons.

Oct. 9, 2020 - The managing director of Finnpulp said that the company will continue its preparation planning for a proposed bioproduct mill in Kuopio, Finland, despite the Supreme Administrative Court's decision in December of 2019 to reject the company's application for an environmental permit.

According to the managing director, Martti Fredrikson, Finnpulp has considered other places for the mill as well, but Kuopio remains the best site. The renewal of the agreements pertaining to the land area in Sorsasalo (a region in Kuopio) are required in order to continue the project.

"We need a certainty of the agreement before we can make any decisions how to continue with project." Fredrikson said.

The renewal of the land agreement will be handled by the administration of Kuopio city in October.

Fredrikson explained that the operational environment has changed in many ways during the project.

"Multiple factors, such as several news regarding closures of mills and factories, support the idea of new projects to be realized and create more jobs and export incomes to Finland. Logging volumes are declining sharply after a record year in 2018, and the closure of the Kaipola mill will reduce demand for pulpwood in central Finland," Fredrikson pointed out.

The proposed EUR 1.6 billion bioproduct mill would be one of the world's largest softwood pulp mills with an annual pulp production capacity of 1.2 million tons. The mill would have also produced 60,000 tons of tall oil and one terawatt-hour (TWh) bioelectricity to the domestic power grid. The company has estimated that the mill would create 3,400 permanent jobs.

Finnpulp is a special purpose company solely founded to manage the investment of a new softwood pulp mill in Finland. To learn more, please visit: www.finnpulp.com

SOURCE: Finnpulp

Go to a related article on PaperAge.com
» Finnpulp's Proposed EUR 1.6 Billion Bioproduct Mill Will Not Be Built after Court Rejects Environmental Permit - Dec. 20, 2019.