Major investment plans
Through the deal, the forest owners' cooperative becomes a co-owner of the mill together with Metsä Board, a subsidiary of the Finnish forest owners' movement.
New investments are planned to modernize the pulp mill in Husum with the ambition of achieving a completely fossil-free operation by 2030. The first investment step is to replace the heart of the mill with a new recovery boiler and turbine. It is the part of the mill that recycles the chemicals from the pulp cooking and it generates the energy for the entire mill. The next step will be to invest in a new fiber line, ie the part of the mill that produces pulp from wood. Through the replacement of both the recovery boiler and the fiber line, all the vital parts of the mill are replaced and thereby a state-of-the-art pulp mill is created.
How does the deal affect you as a customer of Norra Timber?
We continue, as usual, to build winning collaborations with you and the investment in Husum's pulp mill will not affect you as a customer in the short term. In the long term, however, this deal will strengthen Norra Skog as a whole and thereby increase the opportunities to develop and invest in Norra Timber's industrial operations.
With confidence for the future
Erik Eliasson, Sales Director Norra Timber