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June 15, 2023

Metsä Group to invest €300 million in new Kerto LVL mill

Metsä Group has decided to build a new Kerto LVL mill in Äänekoski for the production of beam and panel products used in the construction industry. Kerto LVL products significantly reduce the carbon footprint of buildings compared to many other materials. The value of the investment is Euro 300 million, and the mill is expected to begin production in late 2026.    The mill’s annual production capacity is approximately 160,000 cubic metres, which represents a 50 per cent increase in the company’s total Kerto LVL capacity. Kerto LVL production primarily serves the construction industry ...

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