FINLAND - Metsä Group, a leading global forestry company,  has decided to build a new LVL mill in Äänekoski for the production of beam and panel products used in the construction industry.

Metsa's Kerto LVL products significantly reduce the carbon footprint of buildings compared to many other materials. The value of the investment is EUR 300 million, and the mill is expected to begin production in late 2026.

The mill’s annual production capacity is approximately 160,000 cubic metres, which represents a 50 per cent increase in the company’s total Kerto LVL capacity. Kerto LVL production primarily serves the construction industry in the European market.

“Most of the carbon footprint of construction comes from the building materials. The construction industry is now seeking more sustainable alternatives, so we are seeing growing interest in construction material based on renewable raw materials. Thanks to its material efficiency, Kerto LVL is a competitive and sustainable solution for the increasing use of wood in construction,” says Jaakko Anttila, Executive Vice President, Metsä Wood.

Metsä Group’s annual sales amount to approximately EUR 7 billion, and have around 9,500 employees in around 30 countries.