Metsä plans to invest EUR 200 million in a new LVL mill

Kaynak:
Metsä/Fordaq
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611
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Metsä Group is planning to construct a new LVL mill on its expanding mill area in Äänekoski, Finland.

The final decision on the investment, the value of which is approximately EUR 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 cubic metres of log procured from Finland.

According to plans, the production of the new mill will be mainly sold to customers in Europe and Asia. According to Metsä, the market outlook is excellent for lightweight, environmentally friendly Kerto LVL products.

The annual Kerto LVL production capacity of the new mill, to be constructed in phases between 2022 and 2026, will be approximately 150,000 cubic metres. This means an increase of some 50 per cent in Metsä Group’s current Kerto LVL production. The mill will be a global forerunner in its field in terms of its technology and efficiency.

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