Cost savings programme offsets lower prices as group begins market-driven shutdown at Joutseno pulp mill.
Metsä Group
100,000-tonne facility would capture CO₂ from pulp mill flue gases as company seeks public financing.
Äänekoski facility produces Metsä LigO for Dow's bio-based construction chemical development.
Company expects 2026 recovery driven by cost savings and lower wood prices.
Ownership in Metsä Fibre rises to 55.2% as Itochu retains 19.9% and remains minority shareholder
Board confirms Audit Committee chaired by Ilkka Salonen and HR Committee led by Taavi Heikkilä.
New Vice President joins from single-family house builder DEN and will begin her role on 1 March 2026.
The company will record Euro 14 million in one-off costs and expects Euro 30 million in annual savings starting from early 2026.
New scheme aims to ensure PEFC-certified wood supply, citing need for greater control over compliance standards.
The Euro 370 million investment adds a new paper machine and three converting lines, creating nearly 100 new jobs and raising fresh fibre share in Swedish production to 80%.
Current manager Pekka Kittilä transitions to technical operations director at the Metsä Group facility.
Pulp prices fall 5% in Europe and 7% in China; paperboard deliveries to the US remain subdued despite recovery efforts.
Metsä Group prepares to cut 800 jobs, including 540 in Finland, under Euro 300 million savings plan.