Categories: Economy

Metsä Board’s EUR 60 Million Investment to Modernize its Cardboard Factory and Increase Sustainability: A Step Towards Greater Efficiency and Environmental Impact Reduction

As part of a larger investment program to modernize its cardboard factory, Metsä Board, a company within the Metsä Group, has announced an investment in the renovation of the folding carton machine located in Simpele. The value of this investment is approximately EUR 60 million and will be spread over the years 2024–2026.

The decision to invest in the renovation of the folding board machine in Simpele is aimed at improving the quality of the folding board and increasing production efficiency while also enabling the replacement of fossil fuels in the production process. Following the renovation, the factory’s production capacity will increase by about 10,000 tons, bringing the annual production capacity of Simpele folding carton to approximately 310,000 tons.

Metsä Board’s commitment to innovation and sustainability is reflected in this decision to invest in the future of cardboard production. This investment represents a significant step towards improving operations and reducing environmental impact at its Simpele facility.

Overall, this investment program aims to enhance production capabilities and sustainability at Metsä Group’s cardboard factory. It will be implemented in stages over ten years and will bring positive changes for both workers and environment.

Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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