M-real Corporation, part of Metsäliitto Group, has decided to invest at the Kemiart Liners mill by modernizing the coating section. Through the investment
M-real focuses more on the coated grades and improves the product quality. The investment will be done during 2011. The total value of the investment is
approximately EUR 16 million.
"M-real is the European market leader in coated white top liners. This investment is an important development step that is further strengthening M-real's market and quality leadership", says CEO Mikko Helander.
M-real has, according to the earlier announced plans, made a final decision to invest in the expansion of the cartonboard production and sheeting operations at the Simpele mill. The value of the investments is expected to be approximately EUR 26 million. The investments will be completed in summer 2011.
