Metsä joins with Itochu on pilot plant converting pulp into textile fibers

October 24, 2018 |

In Finland, Metsä Group’s innovation company MetsäSpring Ltd. and Japanese Itochu Corporation have established a joint venture to invest approximately EUR40 million in building and operating a test plant with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibers. Business Finland, a Finnish governmental funding agency, participates in the financing of the demo project with an R&D loan.

The textile fiber demo plant will be located next to Metsä Group’s bioproduct mill in Äänekoski, Finland. Construction of the demo plant, with an annual capacity of about 500 tons, begins in October 2018 and it is planned to be started up in late 2019. The general engineering partner is Sweco.

Category: Fuels

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