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Metsä Group 2019 1 We are METSÄ GROUP 2019 1 Year 2019 SALES Northern EUR million 5,473 79% 2018: 5,709 OF THE ENERGY USED IN bioproducts PRODUCTION IS RENEWABLE COMPARABLE OPERATING RESULT to the world EUR million 495 100% 2018: 849 TRACEABLE WOOD Metsä Group produces renewable products from northern forests that provide a substitute for the use of fossil based raw materials. We use the best raw COMPARABLE RETURN material in the world responsibly and wisely. ON CAPITAL EMPLOYED 9.6 85% 2018: 16.8 CERTIFIED WOOD Metsä Group focuses on wood supply and forest Metsä Group is planning a new bioproduct SALES* EUR 5.5 BILLION | PERSONNEL 9,300 services, wood products, pulp, fresh fibre paper- mill to be built in Kemi and a new pine saw- METSÄ GROUP RENEWABLE ENERGY 27.7 TWH board as well as tissue and greaseproof papers. mill in Rauma and, the first phase of modernis- OWNED BY 103,000 FINNISH FOREST-OWNERS All our business areas have good growth and ing the Husum pulp mill in Sweden. The value profitability outlooks. Metsä Group invested of these investments in 2020–2023 would be METSÄ FOREST METSÄ WOOD METSÄ FIBRE METSÄ BOARD** METSÄ TISSUE some EUR 2 billion in the increase and devel- around EUR 2 billion. WOOD SUPPLY WOOD PRODUCTS PULP AND PAPERBOARD TISSUE AND opment of its production in 2015–2018, the AND FOREST SAWN TIMBER GREASEPROOF majority of it in Finland. SERVICES PAPERS Sales Sales Sales Sales EUR 0.4 billion EUR 2.2 billion EUR 1.9 billion Sales EUR 2.0 billion Personnel 1,500 Personnel 1,300 Personnel 2,400 EUR 1.0 billion Personnel 840 Personnel 2,700 Holding Holding Holding Holding Metsäliitto Metsäliitto Metsäliitto Holding Metsäliitto Cooperative 100% Cooperative 50.1% Cooperative 45.7% Metsäliitto Cooperative 100% Metsä Board 24.9% (share of votes Cooperative 100% Itochu Corporation 66.3%) 25.0% METSÄ SPRING | INNOVATION COMPANY * Internal sales eliminated ** Listed on Nasdaq Helsinki 2 3 MULTIFUNCTIONAL FORESTS WITH MIXED PINE AND SPRUCE CULTIVATION Mixed cultivation produces mixed forests, which are more sustainable and di- Highlights of verse than forests of a single species. They also grow well. In this method, pine seeds are sown or planted among spruce seedlings in a regeneration area which would previously have been planted with only spruce or pine seedlings. Mixed 2019 cultivation is particularly well-suited for areas suffering from elk damage. INVESTMENTS IN PREFABRICATED WOOD CONSTRUCTION A new 65,000 cubic metre Kerto® LVL line was started up at the Punkaha- rju mill at the beginning of 2019. The investment responds to the growing FOREST BIOECONOMY INNOVATIONS need for wood products in construction. The demand for Kerto LVL prod- Metsä Group’s innovation company Metsä ucts is increasing, particularly in the market for prefabricated and modular Spring invests expertise and funds in con- construction. Prefabricated wood construction is fast, light and environ- cepts that advance sustainable bioeconomy mentally friendly. through innovation. The aim is to strengthen the development of new, wood-based business operations. SIZEABLE INVESTMENTS – Metsä Spring is developing a new kind of A BIOPRODUCT MILL AND A PINE SAWMILL textile fibre made from pulp. In the future, Metsä Fibre started pre-engineering project for the construction of a new this may provide an alternative that places less bioproduct mill in Kemi and for a new pine sawmill in Rauma. The value burden on the environment than cotton and of the Rauma investment would be approximately EUR 200 million. If re- oil-based synthetic fibres. A textile fibre made alised, the value of the Kemi investment would be around EUR 1.5 billion, from wood is well-positioned to respond to the which would make it the largest investment in the history of the Finnish for- textile industry’s shortage of raw materials. In est industry. The decisions on the potential investments will be made by the cooperation with Itochu Corporation, Metsä summer of 2020. Spring is in the process of starting up a new demo plant producing wood-based textile fibre next to the Äänekoski bioproduct mill in 2020. ECO-BARRIER – A SUSTAINABLE ALTERNATIVE TO PLASTIC In 2019, Metsä Spring made a capital in- vestment in Woodio Oy, which develops and Metsä Board launched a new plastic-free paperboard to be used as packaging manufactures entirely waterproof wood com- material for food and food service. Made from fresh fibre, the paperboard is posite products. safe in direct food contact. The paperboard has a special barrier treatment which improves grease and moisture resistance. It can be recycled with paper or paperboard recycling. GROWTH PLANS IN TISSUE PAPER PRODUCTION A VISITOR CENTRE WORTH EXPERIENCING In accordance with its strategy, Metsä Tissue is planning to increase the pro- Our guides at the Nemus Futurum forest visitor centre provide a duction of fresh fibre-based tissue paper. The company launched a pre-fea- unique experience as they introduce visitors to sustainable Finnish sibility study into an investment which would more than double the pro- forest management. Nemus Futurum provides information also on duction capacity of the Mariestad mill in Sweden. The additional capacity the sustainable use of forests, forest nature and products made from would be equal to the annual tissue paper consumption of more than a mil- wood in an interactive and innovative way. lion households. Based on current estimates, the final investment decision could be made during the second half of 2021, once the company has se- cured the required environmental permit. 4 5 PRODUCTS NT & N RE EW UR IN C N ES P O SS EO V CE P A Strategy of O LE T I R O S P E N C S I V R E PROFITABLE S DATA DIGITALI- SATION GROWTH NORTHERN WOOD The world’s population is growing and competition for energy C O N and natural resources is becoming tighter, which is why M O P TI S ET UC resources must be used more efficiently. As a forerunner of the ITIV OD S EL E PR T EC N T ME bioeconomy, the changes in the operating environment create ED EG CUSTOMER S versatile opportunities for Metsä Group. NORTHERN WOOD COMPETITIVE PRODUCTION Metsä Group is in a phase of strong, profita- We develop our operations responsibly, al- Climate change concerns us all, and our future As a result of systematic investments, our pro- ble growth. Our business is based on renewable ways taking into account ecological, social and must be based on the use of renewable resources. duction units are cutting edge of the industry, raw materials and recyclable products, in which economic aspects. We improve the growth of Northern wood is the world’s best renewable raw be the measure environmental performance, wood from northern, sustainably managed for- forests, expand our industrial operations sus- material and the core of our business. We ensure energy efficiency or profitability. Metsä Group’s ests and our profound expertise provide a com- tainably and contribute to the shift from fos- that the wood we use comes from sustainably objective is to have fossil free production by the petitive advantage. We focus on wood supply sil products to renewables. The way we see it, managed forests. Forests, that grow more than year 2030. We invest in mills and world class and forest services, wood products, pulp, paper- wood is the solution to many challenges in the they are used. Most of the wood we source comes resource efficiency. We develop our operations board as well as tissue and greaseproof papers. future. from our Finnish owner-members’ forests. efficiently all business areas together as a unified Group. PRODUCTS AND NEW INNOVATIONS PEOPLE VISION PURPOSE Our carbon storing and recyclable products Our operations are based on continuous im- To be the preferred partner in developing Advancing bioeconomy and circular econo- made from renewable raw materials offer sus- provement, which gives our personnel the op- sustainable business. my by efficiently processing northern wood tainable solutions for global challenges. Our portunity to increase their competence and into first-class products. markets are global. We aim to provide our cus- discover new strengths. The majority of our tomers with a first-class experience through personnel’s development is made up of on-the- close cooperation and with the best digital tools. job learning, which we support through job ro- VALUES We focus on market-based product develop- tation and encouraging multiple skill sets. Good ment by expanding our current product portfo- leadership is the cornerstone of our success. Reliability Cooperation Renewal Responsible lio and investing in new business opportunities profitability through our innovation company Metsä Spring, for example. 6 7 We will secure the We aim at fossil free mills biodiversity of forest by 2030, and we will use nature by increasing the only fossil free and trace- amount of decaying wood, able raw materials. for example. 2030 SUSTAINABILITY OBJECTIVES WE WORK FOR A WE BRING THE BETTER CLIMATE FOREST TO YOU AND ENVIRONMENT Sustainability is part of everything we do. Its four themes cover all our operations, from sustainably managed forests to international • Increasing the amount • Fossil free mills of carbon stored in markets. The Group’s strategic sustainability objectives for 2030 forests and products • Resource efficient production are building a path towards a low-carbon society. • Safeguarding biodiversity Learn more from Metsä Group’s Sustainability Report. WE OFFER WE CREATE SUSTAINABLE WELL-BEING CHOISES • Responsible corporate • Fossil free raw culture materials • Accident free • Sustainable work environment supply chain Supporting the UN Sustainable Development Goals (SDGs). An accident free By 2030, 100% of our working environment suppliers will operate – we aim at zero according to our sustainabili- accidents.
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