​​ Metsä Fibre is a leading producer of bioproducts and bioenergy. Its main brand is Botnia.

Lea​ding producer of bioproducts and bioenergy

Bioproducts from northern wood for growing markets.

Metsä Fibre
Sales 1.35 Eur
Billion

Operating
result

 219 Eur
m​illion

Metsä Fibre in brief

Leading producer of bioproducts

Metsä Fibre is a leading producer of bioproducts and bioenergy whose main raw material is wood from sustainably managed northern forests. Metsä Fibre's bleached softwood and birch pulps have been developed for manufacturing high-quality boards, tissue and printing papers, and specialty products.

Metsä Fibre uses ECF bleaching for the softwood and birch pulp it supplies to Europe and China as raw material for high-quality boards, tissue and printing papers, and specialty products. In addition to pulp, Metsä Fibre makes other bioproducts from by-products: biochemicals and energy. These account foraround10 per cent of Metsä Fibre's sales of EUR 1.6 billion.

Metsä Fibre's brand is Botnia. Along with pulp fibre, biochemicals and bioenergy, our Botnia product family includes products and expertise to support the competitiveness of our customers and enable them to make the most of our fibres.

We produce pulp and other bioproducts at four mills in Finland: Joutseno, Kemi, Rauma and Äänekoski, which have a combined production capacity of 2.5 million tonnes. Metsä Fibre built a next-generation bioproduct mill in Äänekoski, which represents the largest investment ever made in the Finnish forest industry. The bioproduct mill came into operation as planned on August 2017. Metsä Fibre also has six sawmills in Finland and Metsä Svir sawmill in Russia.

Metsä Fibre is part of the Finnish forest industry group Metsä Group. Metsä Fibre is owned by its parent company Metsäliitto Cooperative, Metsä Board and Itochu Corporation.

Demand for pulp fibre and other wood-based bioproducts and bioenergy made from renewable raw materials will rise in step with the growth of the world's population, greater urbanisation and affluence, and the accelerating transition from fossil to renewable resources. Asia is driving a substantial share of the growth in demand; Metsä Fibre delivers a quarter of its pulp to this region. Metsä Fibre's cost-efficient mills boast excellent environmental performance. Their competitiveness meets the challenges of the ever-stricter requirements set for production methods and products.

Values and strategy

Metsä Fibre's values

Metsä Fibre's values

Products that meet customers’ needs are made by employees who are highly competent and willing to learn and reinvent themselves. Our employees are guided by Metsä Group’s values: responsible profitability, reliability, cooperation and renewal. We operate in line with our values and let the results speak for themselves.

Responsible profitability means that we improve our profitability while also considering the environment and listening to our stakeholders. All of our other values lay the foundation for responsible profitability.

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Reliability

Metsä Group's values - reliability

​Our success is based on long-term cooperation with our stakeholders. We appreciate each other’s work and competence and we strengthen the confidence of our various stakeholders through our consistent and predictable operations.

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Cooperation

Metsä Group's values - cooperation

​We develop our operations in cooperation with our customers and share information and best practices with each other. Operating as one group of companies, we harness mutual synergies and rely on common benefits.

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Responsible profitability

Metsä Group's values – responsible profitability

​We bear our responsibility for the environment, our partners and each other to ensure successful business activities and forestry. Profitability is vital for the continuous development of operations.

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Renewal

Group's values - renewal

​We are aware of the challenges of the future and have the courage to question old practices in order to provide better products and services to our customers in support of their business operations.

Metsä Fibre's strategy

The objective behind all our operations is to be the most sought-after provider of high-quality bioproducts and services that support our customers’ business operations. We must be our customers' most trusted partner: we know our customers and their business and work in deep cooperation with them.

We keep raising the bar for ourselves and constantly develop our operations, products and skills. Our operations are based on a fine-tuned and transparent process management model that is geared towards catering to our customers' needs.

Thanks to our cost-efficient production of northern softwood pulp, we are well-poised to meet future challenges and generate added value for our shareholders. We listen to our customers and keep ourselves informed of how our operating environment is evolving. Continuous renewal is our response to changes in the global pulp markets.

Owners

METSÄ TISSUE

TISSUE AND
COOKING PAPER

​Metsä Board

Paperboar

MEtsä Fibre

Pulp​ and
sawN timber

Metsä Wood

Wood Products​

Metsä Forest

Wood supply and forest services​

​SALES
EUR 1,0 BILLION

PERSONNEL
2,700

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%

​SALES
EUR 1,7 BILLION

PERSONNEL
2,500

OWNERSHIP OF METSÄLIITTO COOPERATIVE 42,53% (HOLDING OF VOTES 62,15%)

​SALES
EUR 1,6 BILLION

PERSONNEL
1,200

OWNERSHIP OF METSÄLIITTO COOPERATIVE 50,2%, METSÄ BOARD 24,9 %, ITOCHU CORPORATION 24,9%

​SALES
EUR 0,5 BILLION

PERSONNEL
1,500

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%

​SALES
EUR 1,5 BILLION

PERSONNEL
850

OWNERSHIP OF METSÄLIITTO COOPERATIVE 100%


METSÄLIITTO COOPERATIVE​

GROUP'S PARENT COMPANY

​OWNED BY 104,000 FINNISH FOREST OWNERS

We are part of Metsä Group

Metsä Fibre is owned by its parent company Metsäliitto Cooperative (50.2 per cent), Metsä Board (24.9 per cent) and Itochu Corporation (24.9 per cent).

Metsä Fibre is part of Metsä Group, which comprises Metsäliitto Cooperative, its two businesses Metsä Forest and Metsä Wood, and the cooperative's subsidiaries Metsä Tissue, Metsä Board and Metsä Fibre. Metsäliitto Cooperative is the parent company of Metsä Group and includes about 104,000 forest owners.

Metsä Group's ownership base and business structure differentiate it positively from its competitors and provide a long-term perspective to its operations. Through Metsäliitto Cooperative's owner-members, Metsä Group has access to a substantial reserve of premium-quality raw material, providing it with a stable, long-term foundation for the development of its operations and production plants. Metsä Group is responsible for Metsä Fibre’s wood supply.

Organisation and management

Metsä Fibre's Board of Directors

Metsä Fibre's highest decision-making body is the Board of Directors, whose chairman is Kari Jordan, President and CEO of Metsä Group. The other members are:

Martti Asunta, Vice Chairman, Metsä Group, Chairman of the Board

Esa Kaikkonen, Member, Metsä Group, Executive Vice President, Strategy and Metsä Wood, Executive Vice President

Juha Mäntylä, Member, Metsäliitto Wood Supply, Executive Vice President

Mika Joukio, Member, Metsä Board, CEO

Nobuya Urashima, Member, Itochu, Executive Officer

Metsä Fibre's Management Group

The chairman of Metsä Fibre's Management Group is Ilkka Hämälä, CEO of Metsä Fibre. The Management Group is responsible for operational management and prepares proposals to the Board of Directors.

Ilkka Hämälä, CEO

Ismo Nousiainen, deputy CEO

Kaija Pehu-Lehtonen, Senior Vice President, Business Development

Ari Harmaala, Senior Vice President, Sales and Customership

Mikael Westerlund, CFO

Jari Forss, Senior Vice President, Human Resources

Jani Riissanen, Senior Vice President, Sawmill business

Financials

History

Over 100 years of pulp expertise

Metsä Fibre's history began in 1973, when the company was founded as Oy Metsä Botnia Ab for the purpose of building a pulp mill in Kaskinen. Pulp production began in Kaskinen in 1977, but the roots of some of Metsä Fibre's mills go back much further. The oldest part of the company, Kemi Osakeyhtiö, was founded 120 years ago. Our Joutseno mill, founded in 1908, also has long traditions. Over the years, Metsä Fibre has grown from a resource-production company supplying its owner companies to a significant supplier of market pulp and other bioproducts. Today, Metsä Fibre is one of the world's largest producers of bleached softwood market pulp.

see also

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The story of Metsä Fibre began in Kaskinen

​Oy Metsä-Botnia Ab was founded in 1973 for the purpose of building a pulp mill in Kaskinen. The founders of the company were the financing company Metsäpohjanmaa, Nokia Corporation and G.A. Serlachius. Manufacturing of bleached sulphate pulp began in Kaskinen in August 1977.

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Greater environmental efficiency at the mills

​A second pulp mill was built in Äänekoski. Upon its completion in 1985, the Äänekoski mill was one of the largest and most efficient single-line pulp mills in the world. Special attention was paid in the design of the mill to protecting waterways and creating a high-quality factory milieu.

The production capacity of Metsä Fibre mills has been systematically increased through investments in equipment and processes, which have also improved the standard of environmental protection. At the end of the 1980s, a far-reaching decision was made to begin developing a bleaching process to replace gaseous chlorine with oxygen compounds. Production of ECF (elemental chlorine-free) pulp bleached with oxygen compounds and chlorine dioxide was launched in Kaskinen in 1989.

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Merger of the Kemi mill

​In 1986, Metsäliitto Teollisuus and G.A Serlachius merged and founded Metsä-Serla, which became the principal owner of Metsä-Botnia. The next change in the ownership base occurred in 1989 when Nokia Corporation divested its ownership and United Paper Mills became the second primary owner of Metsä-Botnia.

The pulp and board manufacturer Kemi Oy merged into Metsä-Botnia in 1991. The Äänekoski mill separated from Metsä-Botnia and became the independent Metsä-Sellu corporation owned by Metsä-Serla.

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Mill investments and M&As: Rauma, Joutseno and Äänekoski

​The principal owners of Metsä-Botnia decided to build a TCF (totally chlorine-free) pulp mill in Rauma. Founded as a separate company, Oy Metsä-Rauma Ab went on stream in 1996, and at that time it was the biggest producer of softwood pulp on a single line. Metsä-Rauma merged with Metsä-Botnia in 2000. The mill will commemorate its 20th anniversary in 2016.

In 1997, Metsä-Botnia acquired the Joutseno Pulp mill from UPM, and at the same time the company regained ownership of the Äänekoski mill.
The Joutseno mill was fully modernised during 1998–2001.

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Going international

Metsä Svir sawmill started up in 2006

​The Svir Timber (Metsä Svir) saw mill began operating in Podporozhje, Russia in 2006. Svir Timber is a fully-owned subsidiary of Metsä Fibre, which also owns two Russian wood procurement companies, ZAO Petrovles-Pasha and ZAO Petrovles Podporozhje.

Uruguay pulp mill launched in 2007

Metsä-Botnia's pulp mill investment in Fray Bentos, Uruguay, was completed in November 2007. The mill increased the company's production capacity by one million tonnes of bleached eucalyptus pulp.

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Beginning of a new era

​In 2009, Metsä-Botnia became a subsidiary of Metsäliitto Cooperative: the ownership of Metsäliitto Cooperative and M-real in Metsä-Botnia increased to 83 per cent and the share of UPM decreased to 17 per cent. In December 2009, UPM also acquired the Fray Bentos pulp mill. Metsä-Botnia's oldest mill in Kaskinen closed.

Metsä Group strengthened its ownership when Metsä-Botnia bought back shares from UPM-Kymmene, increasing the total holding of Metsäliitto Cooperative and M-real to 89 per cent.

In 2012, Metsä-Botnia became Metsä Fibre as part of the overhaul of Metsä Group's corporate image.


In that same year, Metsäliitto Cooperative, Metsä Board and Itochu Corporation from Japan agreed on a transaction whereby Itochu acquired a 24.9 per cent strategic stake in Metsä Fibre. After the transaction, Metsäliitto Cooperative owns 50.2 per cent, Metsä Board 24.9 per cent and Itochu Corporation 24.9 per cent of the total share capital of Metsä Fibre. 

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Continous improvement and big investments

​The 2010s has been a decade of continuous development and huge investments at Metsä Fibre.

Investments at Joutseno mill

At the beginning the 2010, the focus of our development investments was on the Joutseno mill. First in 2012 the new bark gasification plant was taken into use which made the Joutseno pulp mill Finland's first carbon-neutral production facility during normal operation. In 2014 the renewal of Joutseno mill's recovery boiler constructions and chip silo of the digester improved runnability of the mill and decreased air emissions.

The most significant investment at the Joutseno mill was made in 2013, when the new polysulphide pulp production process was introduced. With the cooking process using polysulphide, Metsä Fibre brought the Botnia Nordic Plus softwood pulps to the market, which won the Quality Innovation of the Year 2013 competition, organised by Laatukeskus Excellence Finland.

New bioproduct mill in Äänekoski

The bioproduct mill being built in Äänekoski mill area is the most remarkable investment of Metsä Fibre in the decade. With a value of EUR 1.2 billion, it is the largest investment of the forest industry in Finland. Once completed in 2017, the mill will produce 1.3 million tonnes of pulp per year – nearly three times the annual production of the current pulp mill.

Production units

Leading producer of bioproducts

Metsä Fibre is a pulp and sawn timber industry company operating in the international market. Our four pulp mills and seven saw mills are  at the top of the industry.​

Metsä Fibre’s four pulp mills and six sawmills in Finland and Metsä Svir sawmill in Russia are at the top of the industry. Metsä Fibre has pulp mills in Joutseno, Kemi, Rauma and Äänekoski. The combined annual production capacity of our pulp mills is 2.3 million tonnes of Elemental Chlorine Free (EFC) bleached pulp. The Wood consumption of the pulp mills is approx. 12,6 million cubic metres.

Metsä Fibre built a next-generation bioproduct mill in Äänekoski, which represents the largest investment ever made in the Finnish forest industry. The bioproduct mill came into operation on August 2017.

The Finnish sawmills were ingrated into Metsä Fibre through a group internal transaction on the 1st of November 2016. The sawmills included in the transaction are Vilppula, Lappeenranta, Renko, Merikarvia, Kyrö and Eskola. These sawmills were previously part of the Metsä Group’s Wood Products Industry Metsä Wood (read more from the release). The sawmills have a total annual production volume of sawn timber of approximately 1.6 million cubic metres.

Efficient production
We have earned our status as one of the most efficient pulp manufacturers in the world through continuously investing in innovative technologies and operating policies, and in our people. Our mills are efficient and in good condition. They have been built using the best available technology (BAT). Their emissions comply with the BAT emission levels confirmed by the European Commission.

Metsä Fibre’s vision is to be the most efficient and the preferred supplier for high-quality bioproducts and services creating added value to its customers’ businesses. A key factor in efficiency is the continuous improvement of our mills’ performance in terms of production volumes and quality as well as environment and energy. Future investments will focus on improving the environmental performance of our mills and on the Äänekoski bioproduct mill.