MM Board & Paper invests EUR 30 million in Finnish mill MM Kotkamills
03.05.2022 - Innovations / Investments
MM Board & Paper is investing about €30 million in two state-of-the-art cross cutters with automated core and waste handling in Finnish mill MM Kotkamills. The investment is aimed at strengthening MM Kotkamills’ position as a supplier of cartonboard sheets in the European cartonboard market.
”There is strong demand for the cartonboard from our board machine, which was started up in 2016. The investment in the cross cutters will strengthen our position in the market at competitive costs,” says Päivi Suutari, Managing Director of MM Kotkamills. The investment project is expected to increase the competitiveness of board production, boosting flexibility while reducing transport costs.
”The core mission of our mill is to promote the circular economy by using production side streams and making the efficient use of fibres as our raw material. With the investment, we will also be able to easily recycle the cartonboard broke from cutting back into the manufacturing process,” notes Päivi Suutari.
The project will start immediately in terms of engineering and procurement. The first cutter is scheduled to be operational late in 2023 and the second about six months afterwards. The investment will create employment in several areas during construction and, once completed, MM Kotkamills will create several new jobs in production.