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Metsä Fibre and Econia to cooperate in prevention of grey economy in Kemi and Rauma projects
FINLAND (News release) -- Metsä Fibre and Econia have made agreements on consulting services related to contractor liability matters and the prevention of the grey economy in the Kemi bioproduct mill project and the Rauma sawmill project in Finland.

Metsä Fibre requires compliance with the law and collective agreements at the construction sites throughout the subcontracting chain, and any shortcomings are addressed immediately. The approach to the prevention of the grey economy is proactive. The cooperation with Econia includes training and the distribution of information on complying with correct operating methods, contractor liability and the prevention of the grey economy.

The Rauma sawmill project of Metsä Fibre, part of Metsä Group, is progressing according to plan. Contracts on the sawmill's main equipment, earthworks and the implementation of the structural engineering work were made during the spring, and the sawmill's earthworks got under way in May. The construction of the sawmill's foundation began in early August, and the construction phase will be completed by the end of September next year 2021.

The equipment installations will begin in phases in early 2021, and production is set to begin in the thrid quarter of 2022. The degree of Finnish origin in the construction phase is high - more than 70% - and it will employ 1,500 individuals. The value of the investment is approximately Euro 200 million. The new sawmill will produce around 750,000 m3 of pine sawn timber per year and employ around 100 people directly and around 500 people across its direct value chain.

The Kemi bioproduct mill project is likewise progressing on schedule. The project engineering started at the beginning of August 2020 and more than 400 people are now working in the organisation. Prerequisites for the Euro 1.5 billion investment decision are estimated to be fulfilled in the autumn of 2020 after the environmental permit process is completed, among other aspects to be considered.

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