HELSINKI: Finland’s officials stated that Metsä Group confirmed its plan to build a bio-product mill in Aanekoski, Central Finland. The 1.2-billion-euro project is the largest forest industry investment in Finland ever. The annual pulp production in Aanekoski will be about 1.3 million tonnes, of which 800,000 tonnes will be softwood pulp and 500,000 tonnes hardwood pulp.
Kari Jordan, President and CEO of Metsä Group, singled out China as a key market area for the produced pulp. Besides the investment in Aanekoski, there are at least two more projects for pulp production in consideration by other companies. One is envisaged for Kuopio, Eastern Finland and the other for Kemijavi, further north. The turnaround of forest industries has surprised Finnish analysts.
