M-real to become Metsä Board
M-real Corporation’s Board of Directors proposes to the Annual General Meeting convening on 28 March 2012 that the company’s business name is changed to Metsä Board Corporation.
New double-coated Kemiart liners
Following investment in improvements at its Kemi mill, Metsä Board has launched two new double-coated white top kraftliners: Kemiart Graph+ and Kemiart Lite+. The double coating provides a smoother and glossier surface, enhancing printability with improved ink laydown, brighter colours and more accurate detail. The new grades are ideal for retail-ready packaging, point-of-sale and promotional displays and other high-end packaging applications.
Increased folding boxboard capacity
Metsä Board is increasing its capacity to satisfy growing demand by 150,000 tpa to 935,000 tpa by investment at three cartonboard mills, nearly doubling its cartonboard capacity in the last 15 years. The Metsä Board Simpele rebuild was completed June 2011, adding an extra 80,000 tpa and the rebuild at Metsä Board Kyro completed in November 2011, providing an extra 40,000 tpa. Metsä Board Ӓänekoski will be rebuilt in April 2012, providing an extra 30,000 tpa.
Lightweight boards from fresh forest fibres
Fresh forest fibres are a renewable resource and enable the production of light but stiff boards. By only using fresh forest fibres, it is easier to achieve a lighter weight board because the fibres are at their strongest and most durable in first time usage. Metsä Board has invested significantly in the production of lighter weight boards over many years. The environmental benefits of lighter weight packaging are that less raw material is required; less processing is needed; less water and energy are used; lower weights are transported throughout the supply chain; and there is less waste to dispose of at the end of a carton’s life. This results in a lower carbon footprint for a carton made with lightweighted boards, without the loss of protection for the product or of good printing and converting qualities.
Lower CO2 emissions with the new biopower plant
Metsä Board is committed to decreasing its CO2 emissions and energy derived from fossil fuels. It is increasingly using CO2-neutral wood in energy production. Together with its partners, Metsä Board is investing EUR 50M in a new bio power plant at its Kyro mill site in Hämeenkyrӧ. It will use discarded wood as fuel, including bark, whole tree chips, crushed stumps and other wood fragments. When complete in autumn 2012, the plant will contribute to a 100,000 tpa reduction of CO2 – equivalent to the annual emissions of around 60,000 cars.
Link to photo: http://databank.metsaliitto.com/?cart=240-ibcfgdaell&l=EN
For further information, please contact Metsä Board:
Juha Laine, VP Investor Relations and Communications
Tel: +358 1046 54335
M-real is Europe’s leading fresh forest fibre paperboard producer and a major paper supplier. The company’s customers include brand owners, carton printers, converters, printing houses, merchants and office suppliers.
M-real supports its customers’ businesses by providing high-performance paperboards and quality papers for consumer packaging, communications and advertising end-uses. Together with its customers and partners, M-real develops products and services for demanding end uses. The company’s paperboard is mainly used for the packaging of beautycare and healthcare products, foods, cigarettes, and consumer durables as well as graphics. Paper is mainly used for office papers as well as wallcoverings and other speciality end uses.
M-real’s business areas are Paperboard, and Paper and Pulp.
M-real is headquartered in Finland. In 2011, the company’s sales totalled EUR 2.5 billion, and it has approximately 4,000 employees. M-real, part of Metsä Group, is listed on the NASDAQ OMX Helsinki.
M-real Corporation’s Board of Directors proposes to the Annual General Meeting convening on 28 March 2012 that the company’s business name is changed to Metsä Board Corporation