The company will, together with partner organisations, invest in new endeavours with the target to identify and develop new business opportunities in sustainable forest-based bioeconomy and circular economy. Niklas von Weymarn, previously VP, Research at Metsä Fibre, has been appointed CEO of the company.
The first concept to be included into Metsä Spring’s portfolio is the new textile fibre production method developed by Metsä Fibre. Metsä Spring is planning a greenfield demo plant to be integrated to the bioproduct mill in Äänekoski, with the capacity of about 500 tonnes of staple fibre per year.
“It is important to develop new bioproducts that expand the current product portfolio of the forest industry. Textile fibre is a very potential product and a natural first project for Metsä Spring. The company wants to be an active and respected player in developing new business concepts for various stages of the forest-based value chains,” von Weymarn says.