M-real to pour 125m into new BCTMP factory

M-real is investing 125m (e180m) in a new bleached chemi-thermo mechanical pulp (BCTMP) plant at Kaskinen.

The plant should be completed by autumn 2005 and will employ 65 staff.

It will mainly produce pulp for the firms papermaking plants outside Finland, while M-reals Joutseno BCTMP plant will service its Finnish mills.

The Kaskinen plant will have a capacity of 300,000 tonnes a year and will use 800,000m3 of softwood and hardwood annually.

M-reals Zanders mills in Germany Gohrsmhle mill in Bergisch Gladbach and Reflex mill in Dren have both been certified as having fully integrated management and environmental management systems.