Metsä Wood is considering the construction of a new, 65,000 m3 Kerto® LVL line at its mill in Punkaharju, Finland. According to the announcement, the potential investment would total approximately EUR 52 million. The final investment decision will be made by the end of the year. If the investment is carried out as planned, the line will start up during the first half of 2019.
Currently, the company is negotiating with the town of Savonlinna and the mill’s personnel to create the conditions for the investment. The new line would bring approximately 35 new jobs to Punkaharju. In addition, the new line would add some 40 person-years to the subcontractors’ chain. If the investment is carried out, it will increase demand for logs by 160,000 m3 a year.
Esa Kaikkonen, Executive Vice President, Metsä Wood, commented:
“The demand for Kerto LVL is driven by urbanisation, which is creating new, specialised needs for construction products. We believe in the further growth of wood construction, which has gathered momentum over the past few years. Building with wood is fast, light and green. We want to develop partnerships in construction so that we can work with our partnership networks to offer increasingly effective solutions for our customers. The exceptional strength properties of Kerto LVL coupled with its lightness make it an excellent product for this type of construction.”
Metsä Wood provides the premium-quality wood products for customers in construction, industrial applications and distribution.
Earlier Metsä Group planed to start-up a new biocomposite demonstration plant in Finland
About Metsä Group:
The company is a forest industry group whose core business consists of tissue and cooking papers, paperboard, pulp, wood products, and wood supply and forest services. It has operations in almost 30 countries and production in 9 of them.