• Our Varkaus Mill kraftliner ramp-up is proceeding despite some operational challenges. We expect the mill to be at full production in early 2017. The new production line for wooden building elements (LVL) started this month. These two investments are bringing a new future to our Varkaus mill and its region.
• Our new Beihai board mill in China has been officially inaugurated and started production. It is forecasted to take approximately 18 to 24 months for the mill to reach full production.
• We announced the divestment of Arapoti paper mill in Brazil.