Metsä receives EUR 21 million aid for carbon capture plant
The Rauma facility aims to capture 100,000 tonnes of wood-based CO2 annually for e-fuel production, reducing fossil dependence.
See the latest news and media coverage for Metsä. We track all announcements, press releases, and industry mentions in real time, all in one place.
Finnish forest industry company producing renewable wood-based products
metsagroup.comLast updated
In short: Metsä reported weaker earnings amid US tariffs and energy costs, cut jobs, closed its Tako mill, and advanced Muoto packaging and CO2 capture.
The Rauma facility aims to capture 100,000 tonnes of wood-based CO2 annually for e-fuel production, reducing fossil dependence.
The new line will start up in 2028. The Kuura project will not be implemented due to global overcapacity.
Revenue declined and operating profit was negative. Strategy updated and carbon capture will begin in Rauma.
Revenue increased, but operating result turned into a loss. The company launched a cost-saving program, which will eliminate approximately 790 jobs.
Metsä Board has terminated its credit rating agreement with S&P Global Ratings and requested the agency to withdraw its credit rating.
Metsä Group's investment in the Kuura textile fiber mill will not move forward due to market changes. Instead, the group said it is investing 25...
Instead, the company is investing in the production of Muoto fiber packaging in Äänekoski, Finland.
Metsä Group's comparable operating result for April-June was a loss of three million euros, the company said on Thursday in its interim report. However, the situation was better than at the same time last year, when...
Track Metsä and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Metsä and other trending companies.