Metsa, Finland, 13 October 2010 -- M-real Corporation, part of Metsäliitto Group, has decided to invest approximately EUR 16 million at the Kemiart liners mill in 2001 to modernize the coating section. Through the investment, M-real will focus more on the coated grades and improve product quality.

"M-real is the European market leader in coated white top liners. This investment is an important development step that is further strengthening M-real's market and quality leadership", said CEO Mikko Helander.

M-real also has, according to earlier announced plans, made a final decision to invest in the expansion of the cartonboard production and sheeting operations at the Simpele mill. The value of the investments is expected to be approximately EUR 26 million. The investments will be completed in summer 2011.