Metsä’s Kuura Exit Puts Finland’s Textile-Fibre Ambitions Under Pressure
Kuura textile fibre Metsä abandons Kuura mill Metsä Group has cancelled plans to build a commercial Kuura textile-fibre mill in Kemi, Finland. The decision highlights the difficult market conditions facing new wood-based materials, particularly when lower-cost capacity is expanding rapidly in Asia. Metsä said the Kuura project no longer had sufficient commercial grounds to continue…
