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Metsä Group announced it will not proceed with the project to build a Kuura textile fibre mill in Kemi, Finland, citing global overproduction of man-made cellulosic fibres.
“Metsä also announced that it would not proceed with the project to build a Kuura textile fibre mill in Kemi.”euwid-paper.com
Summarized from public sources; check the original articles before acting on it.