Metsä Fibre, part of Metsä Group, has made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is EUR 1.6 billion and it is the largest investment ever made by the Finnish forest industry in Finland. The construction phase will take approximately two and a half years, and the mill will be completed during the third quarter of 2023. The Kemi bioproduct mill will produce some 1.5 million tonnes of softwood and hardwood pulp per year, as well as many other bioproducts. It will also produce 2.0 TWh of renewable electricity per year, which equals to roughly 2,5 percent of Finnish total electricity production and together with Äänekoski bioproduct mill roughly 5 per cent.
In addition to the Kemi bioproduct mill, Metsä Group is currently building the world’s most modern sawmill in Rauma, Finland.
The Kemi bioproduct mill will use approximately 7.6 million cubic metres of pulpwood a year, which is 4.5 million cubic metres more than the current pulp mill in Kemi. Wood is planned to be procured mainly from Finland. With the ongoing ecological sustainability programme, Metsä Group takes various measures to enhance the growth and carbon sequestration of forests, safeguards the biodiversity of forest nature and improves water protection associated with forestry work.
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