Metsä Wood inaugurates new Kerto LVL line in Finland
Metsä Wood, the solid wood products arm of Finland-headed forest industry major Metsä Group has inaugurated its new "Kerto" laminated veneer lumber (LVL) line in Punkaharju, Finland. The decision to invest EUR 52 million in a 65 000 m3 Kerto LVL line was made in December 2017 with project startup on schedule in April 2019.
About a hundred guests arrived to celebrate the ribbon cutting ceremony held on May 28, 2019. Addresses were given by Janne Laine, Mayor of Savonlinna, Ilkka Hämälä, President and CEO of Metsä Group and Juha Mäntylä, Executive Vice President of Metsä Wood.
Solid wood products store carbon
Metsa Wood’s wood products play a key role in Metsa Group’s strategy. As a significant user of northern wood raw material and a forerunner in the bio- and circular economies, Metsä Wood’s solid wood products store carbon for decades.
Metsä Group’s aim is to create profitable growth by processing Finnish wood. Sustainability guides all our actions – we want to increase the amount of carbon stored in forests and its products, and that is why our biggest investments in recent years have been addressed to increase the production capacity of the mechanical forest industry. The new line at Punkaharju is a great example of that, stated Ilkka Hämälä, President and CEO, in his opening speech.
Using sustainably produced Kerto LVL in construction is an act for the climate. Particularly big growth potential for the products produced in Punkaharju lies in industrial wood construction.
The share of wood in construction as a whole is still rather small. The market’s size, however, is very big. We are Europe’s biggest LVL producer, and thanks to our five production lines, our level of service is outstanding. We have 40 years of experience in the production and sales of Kerto LVL and in serving customers – something that no-one else has, said Juha Mäntylä, EVP, Metsä Wood.
The Punkaharju investment also has a big impact on the employment rate in the area.
This investment is very important to the South Savo area. The project was planned in collaboration between the city of Savonlinna and Metsä Wood. It is very important to create new jobs – it supports the area’s vitality. With this investment, Savonlinna is now Finland’s largest centre of the mechanical forest industry, said Janne Laine, Mayor of Savonlinna.
The production capacity of Punkaharju’s new Kerto LVL line is 65 000 m3 and the value of the investment is EUR 52 million. The growing production increases the use of spruce logs by 160 000 m3 per year. The new line is expected to reach full production capacity within two years from the startup.
About Metsä Wood
Metsä Wood is a leading European producer of engineered wood products for construction, industrial and distribution customers. The primary products are Kerto LVL, plywood and other wood products as well as Nordic timber produced by Metsä Fibre.
In 2018, Metsä Wood’s sales were EUR 0.4 billion, and it employs approximately 1 500 people. Metsä Wood is part of Metsä Group.