The foundation stone of Metsä Wood’s new birch plywood mill was laid in Pärnu, Estonia.
The annual birch plywood production capacity at the Pärnu mill will be 50,000 cubic metres and the total investment is approximately Euro 55 million. The birch veneers will be produced in Äänekoski Finland and plywood will then be manufactured at the Pärnu mill. The new birch plywood mill will create approximately 200 jobs to Pärnu area.
The new mill will start production by end of year 2018. The construction agreement signed between Metsä Wood and Nordecon AS includes the construction of the production hall of 29,000 square metres and the non-work rooms and office premises.
The construction of the birch plywood mill in Pärnu is part of the Euro 100 million investment programme of Metsä Wood. The programme is carried out during 2017-2018.
“This is an important investment for Metsä Wood and the whole Metsä Group. It is done to better meet the globally growing plywood demand and to further improve Metsä Wood’s industrial efficiency. The new mill is a good example of Finnish-Estonian cooperation. Estonia has favourable business climate and it offers good logistical connections to our main markets,” said CEO of Metsä Group Kari Jordan.
