Metsä Group has made its second Swedish investment in FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder. The company will use the EUR 1 million seed funding to improve its material application know-how, engage with potential customers, and finalise the material needed for making an investment decision concerning […]
Tag Archives: Metsä Spring
11
Dec
Dec
Kuura textile fibre, which is made out of softwood pulp from the Äänekoski bioproduct mill, received a ‘Green Shirt’ rating based on the evaluation arranged by not-for-profit environmental organization Canopy. Their annual Hot Button Ranking is a well-established tool used in the global textile and fashion industries to assess the sustainability of wood-based textile fibers. […]
News
Metsä Group is looking into the construction of the first mill producing Muoto packaging in Rauma
25
Oct
Oct
Metsä Group is conducting a pre-study related to the construction of a first commercial mill for producing Muoto™ packaging products on its Rauma mill site, Finland. The goal is to determine the mill’s technical feasibility and economic profitability. It is envisioned that the mill will produce Muoto fibre-based packaging tailored to various uses in people’s […]
10
Feb
Feb
Finnish startup Fiberwood, a producer of 100% ecological wood fiber insulation and packaging materials made from mechanical wood industry side streams, has raised a late seed funding round. The round was led by Metsä Group’s innovation company Metsä Spring, and the round included public financing from Business Finland. The funding will be used to develop […]
23
Nov
Nov
Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 5 million, consisting of private investments and public financing from Business Finland and ELY Centre for Central Finland. Metsä Spring is participating in […]
12
Aug
Aug
Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 5 million, consisting of private investments and public financing from Business Finland and ELY Centre for Central Finland. Metsä Spring is participating in […]
29
Mar
Mar
Metsä Group’s innovation company Metsä Spring and Valmet are building a demo plant in Äänekoski. The plant will manufacture new 3D fiber products for food packaging and other purposes. The demo plant reached its full height on 23 March 2021 with construction work proceeding as planned. The main equipment delivered by Valmet will be […]
15
Dec
Dec
Metsä Group’s innovation company Metsä Spring and Valmet begin construction of the 3D fiber product pilot plant in Äänekoski, Finland. The pilot plant enables testing and further development of the novel process for producing a new type of packaging solution. The greenfield building will host the pilot line, which converts wood fiber into ready-to-use 3D fiber products, which, […]
20
Sep
Sep
The demo plant in Äänekoski, Finland, owned and operated by MI Demo has now reached the stage where the first batch of product, i.e. wood-based textile fiber, has been produced. In late 2018, Metsä Group’s innovation company Metsä Spring and Japanese ITOCHU Corporation decided to establish a joint venture, MI Demo, and within the context of the JV, construct […]