Metsäliitto Osuuskunta
Letter of intent for the detailed engineering of Metsä Group’s bioproduct mill has been signed

DGAP-News: Metsäliitto Osuuskunta

2015-03-20 / 11:30

---------------------------------------------------------------------

Metsä Group Press Release 20 March 2015


On 20 March 2015, Metsä Fibre Oy signed a letter of intent for the detailed
engineering of its planned bioproduct mill with Sweco Industry Oy and Sweco
Rakennetekniikka Oy. Final delivery contracts will be signed if Metsä Fibre
decides to build the mill. If the prerequisites for the investment are met, the
decision on the construction of the bioproduct mill will be made this spring. 

According to the letter of intent, Sweco Industry Oy and Sweco Rakennetekniikka
Oy will be responsible for layout, mechanical and piping engineering as well as
civil engineering.  In the project, Neste Jacobs Oy will be the partner for
Sweco. The detailed engineering work will have an employment impact of about
200 person years of which 100 per cent will be of Finnish origin. 


METSÄ GROUP
Group Communications

For additional information, please contact:
Timo Merikallio, Project Director, Metsä Fibre Oy
timo.merikallio@metsagroup.com, +358 50 5989 342


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products' main raw
material is renewable and sustainably grown northern wood. Metsä Group focuses
on tissue and cooking papers, fresh forest fibre paperboards, pulp, wood
products, and wood supply and forest services. Its high-quality products
combine renewable raw materials, customer-orientation, sustainable development
and innovation. Metsä Group's sales totalled EUR 5 billion in 2014, and it
employs approximately 10,500 people. The Group operates in some 30 countries.
Metsäliitto Cooperative is the parent company of Metsä Group and is owned by
approximately 122,000 Finnish forest owners. 


www.metsafibre.com

Metsä Fibre is a world-leading producer of softwood pulp and its main brand is
Botnia. Our products - sustainably and cost-efficiently produced softwood and
birch pulp - are specially developed for the production of high-quality tissue
and writing papers, speciality products, and board. With four pulp mills in
Finland, we employ a total of about 850 people. Our sales in 2014 were
approximately EUR 1.3 billion. Metsä Fibre is part of Metsä Group.
News Source: NASDAQ OMX



---------------------------------------------------------------------

2015-03-20 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP 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:     Metsäliitto Osuuskunta  
 
 
             Finland                 
ISIN:        FI0002001611            
 
 
End of News    DGAP News-Service  
---------------------------------------------------------------------  
335561 2015-03-20