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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 21 days · First seen · Last updated
Metsä Group fiber packaging investment in Äänekoski
Overview
Metsä Group is investing approximately 25 million euros in a new production line for Muoto food packaging at its mill in Äänekoski, Finland. The project aims to produce fiber-based, fossil-free packaging solutions designed to replace plastic in food service applications and comply with EU waste regulations.
Valmet has been selected to deliver the 3D Fiber molded fiber production line, marking the world’s first commercial-scale implementation of this technology. The new line is expected to have a nominal capacity of over 100 million products per year and is scheduled to begin operations in 2028.
Entities
Timeline
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12 days ago
[BUSINESS] 2 sourcesValmet to deliver 3D Fiber production line to Metsä GroupMetsä Group will implement Valmet’s 3D Fiber technology at its Finnish mill to produce large-scale, sustainable molded fiber packaging as an alternative to plastic.
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about 1 month ago
[BUSINESS] 2 sourcesMetsä Group invests 25 million euros in Äänekoski packaging plantMetsä Group will invest 25 million euros in a new Muoto fiber-based food packaging production line in Äänekoski, Finland, to provide plastic alternatives.
Sources
indianprinterpublisher.com · packagingsouthasia.com