New investment Metsä Board, a subsidiary of Finland’s Metsä Group, has announced that it is launching pre-engineering for a new folding boxboard mill in Kaskinen, Finland.
“Metsä Board announced in May 2022 that it explores possibilities to increase folding boxboard capacity in Finland or Sweden in order to support its customers’ growth and to strengthen its service capability. As result of the study, the company starts pre-engineering for a new folding boxboard mill with an annual capacity of approximately 800,000 tonnes at the Kaskinen mill site in Finland,” the business said in a statement.
“The pre-engineering phase will comprise the technical design, design of infrastructure and logistics solutions and tendering for the main equipment. As part of the pre-engineering, an environmental impact assessment and an environmental permit process will be launched. The company estimates that the possible investment decision could be made in 2024 at the earliest,” according to the statement.