May 4, 2022 - Metsä Board announced that it is exploring possibilities to increase its folding boxboard capacity in Finland or Sweden.
The company said global demand for high-quality fresh fibre paperboards has grown by around 2-3% per year in recent years and is expected to continue to grow at least at the same rate in the future.
Metsä Board's current annual paperboard capacity is approximately 2 million tonnes, of which 1.3 million tonnes is folding boxboard and 0.7 million tonnes white kraftliners. The company is Europe's largest producer of folding boxboard and white kraftliners.
The evaluation of options is expected to be completed by the end of 2022.
Currently, Metsä Board has an ongoing investment at its Husum integrated mill in Sweden that will increase the company's annual folding boxboard capacity by approximately 200,000 tonnes. The investment is expected to be completed in the second half of 2023 and the additional capacity is expected to be reached by the end of 2025.
Metsä Board is a leading European producer of premium fresh fibre paperboards with a focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. To learn more, visit: www.metsaboard.com.
SOURCE: Metsä Board
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