The investment will increase the sheeting capacity as well as modernize the conversion process and improve package quality. The investment project will be completed during the first half of 2011.M-real sold Graphic Papers business area to Sappi at the end of 2008. As part of the transaction the Äänekoski paper mill remained in M-real's ownership and continued production for Sappi under a long-term contract."This investment decision is a confirmation on both parties' belief in long term cooperation between M-real and Sappi. The investment improves the Äänekoski paper mill's competitiveness as a high quality coated fine paper production unit," says Mikko Helander, CEO of M-real.