More folding boxboard after capacity increase at M-real Simpele
An additional 80,000 tons per annum of folding boxboard, primarily aimed at meeting increased demand from the food industry, is coming on stream following completion of a rebuild at M-real’s Simpele mill in Finland. The rebuild was finished according to schedule on June 1.In addition to Simpele, M-real is increasing the capacity at its Äänekoski and Kyro mills, planned for completion later this year and during the spring 2012, respectively.As a result of the rebuilds, M-real will increase its total folding boxboard capacity to around 935,000 tons and further strengthen its position in the market.M-real is, as Papernet earlier has reporte, also investing at its Kemiart Liners mill and in the construction of a bio power plant at Kyro. In total, the investments in the Consumer Packaging business area will exceed 100 millionEuros during 2010-2012, Simpele being the first phase of the investment programme.”Demand for our primary fiber boards has been excellent, due not only to their high performance and sustainability, but also due to rising concern over product safety,” says Mika Joukio, Senior Vice President, M-real Consumer Packaging for M-real.The 26 million Euros invested at Simpele will increase the mill’s production capacity by 80,000 to 300,000 tons the and sheeting capacity by 40,000 to 230,000 tons per year.