Metsa Tissue Corporation
Day of double celebration at Metsa Tissue Duren mill
Metsa Tissue Corporation 14.09.2011 13:14 --------------------------------------------------------------------------- Espoo, Finland, 2011-09-14 13:13 CEST (GLOBE NEWSWIRE) -- Metsa Tissue today celebrated the inauguration of its mill in Duren, Germany, marking the beginning of what promises to be an exciting new era for the company's Baking & Cooking Business. Crowning the successful machine start-up was the simultaneous launch of a revolutionary product innovation: SAGA One-up. Attended by local and regional authorities, customers, employees and representatives of the media, the opening ceremony marked the culmination of an investment programme announced last November. Metsa Tissue has invested a total of EUR 30 million in renewed capacity at the Duren mill, strategic reengineering and the successful integration of the new German organization. Today the mill specializes exclusively in manufacturing SAGA baking and cooking papers. 'This day marks a major leap forward for our Baking and Cooking business. This investment will enable us to strengthen the SAGA brand, gain quality enhancements and maximize our volume growth potential. Now that we are closer to our customers, we can also guarantee better availability and a higher standard of service,' says CEO Hannu Kottonen. 'With this dedicated, state-of-the-art facility we will be able to take the SAGA brand to a whole new level. We will work together with end-users to develop innovative new products and categories,' adds Raija Moro, Senior Vice President, B&C Business. One such innovation is SAGA One-Up, a totally new convenience product category for professional and household use. This invention combines the convenience of the classic pop-up tissue box with SAGA's unique range of high-performance baking and cooking papers. One-Up products will be available in Russian, Polish and Finnish retail stores from 2012 onwards and for professional users from the last quarter of this year onwards via Metsa Tissue's SAGA team. For further information, please contact: Hannu Kottonen, CEO Tel. +358 (0) 1046 54959 Email: hannu.kottonen@metsatissue.com Raija Moro, SVP, Baking & Cooking Tel. +358 (0) 1046 47610 Email: raija.moro@metsatissue.com Marja-Leena Dahlskog, Communications Manager Tel. +358 (0)1046 55149 Email: marja-leena.dahlskog@metsatissue.com Metsa Tissue is a leading tissue paper products supplier to households and industrial consumers in Europe. We are also the world's leading supplier of baking and cooking paper products. Our main brands are Lambi, Serla, Mola, Tento, Katrin and SAGA. We have production units based in Finland, Germany, Poland, Russia, Slovakia and Sweden and we have some 3200 employees. Our turnover is EUR 940 million. Metsa Tissue is part of the Metsaliitto Group. News Source: NASDAQ OMX 14.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Metsa Tissue Corporation Finland Phone: Fax: E-mail: Internet: WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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