Metsa Board to increase FBB capacity with new BM, exit paper production at Husum, sell Gohrsmuhle

摘要

Metsa Board Corporation, part of Metsa Group, is introducing the final steps of transformation to a paperboard company and invests approximately EUR 170 million ($211.5 million) in a new folding boxboard machine at its Husum mill in Sweden. The production capacity of the new machine is approximately 400,000 tonnes per annum and it will start up in early 2016. Full production capacity is expected to be reached by the end of 2016. Husum mill's paper production is planned to be discontinued mostly at the end of 2015 and fully by the end of 2017. These measures in Husum, including also the increasing fresh forest fibre linerboard sales volumes, are expected to improve Metsa Board's operating result by approximately EUR 50 million ($62.2 million) per annum mostly in 2017 and fully from 2018 onwards compared to 1-3Q 2014 annualized performance.