According to Metsä, thanks to the advancements made in recovery technology, the outlook for the further processing of wood-based carbon dioxide is better than ever. The pre-feasibility study launched with Fortum, will be completed by the end of 2023.
Arctic Paper and Rottneros have entered into an agreement on a joint venture, an investment of around SEK 230 million ($22 million)in the production of moulded fiber trays. A 50/50-owned Polish company has been founded to establish production at Arctic Paper's Polish mill.
Sumitomo Forestry plans to develop environmentally conscious, mass timber properties in Europe.
Segezha Group mulls the sale of Segezha Packaging plants in Europe or forming joint ventures.