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M-real to invest in folding boxboard production

Sept 17 2010  M-real is planning to invest approximately 26 million Euros in folding boxboard productiob at Simpele mill, in order to increase the production capacity.

M-real is planning to increase the annual folding boxboard capacity of Simpele mill by about 80,000 tons. At the same time the sheeting capacity is planned to be expanded.The total value of the potential investments in Simpele, which are planned to be done during the summer next year, is approximately 26 million Euros.Following the investment, the total folding boxboard capacity of Simpele mill will be approximately 300, 000 tons per annum. The production will mainly be sold to food packaging purposes, according to M-real.

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