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Andritz Signs EUR 100 Million LoI in Finland

Published: February 13, 2015; 17:30 · (Vindobona)

Listed engineering Group Andritz has signed a letter of intent with Metsä Fibre to deliver key production technologies for a new bio-product pulp mill with an annual capacity of 1.3 million tons of pulp in Äänekoski, Finland. The order value for Andritz is over 100 million euros. Start-up of the planned mill is scheduled for August 2017.

The tidal lagoon hydropower plant in Swansea Bay, Wales, will have a total capacity of 320 megawatts. / Picture: © Andritz AG

The new mill will be a next-generation bio-product pulp mill which can convert wood raw material into bio-materials and bio-energy in addition to high-quality pulp. It will not use any fossil-based fuels as all of the energy required will be generated from wood. The erection of the new mill is the largest investment in the Finnish forest industry ever.

Andritz’s scope of…

This article includes a total of 304 words.

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