Metsä Group Shifts Focus to Fiber-Based Food Packaging Amid Market Changes
Metsä Group has announced a strategic pivot from textile fibers to food packaging, investing €25 million (US$28.8 million) in a new production line for Muoto fiber packaging at its Äänekoski facility in Finland. This decision comes as the company cancels plans for its Kuura textile fiber mill due to oversupply and declining competitiveness in the […]
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