# Metsä Spring and Itochu to build textile fibre demo plant in Äänekoski, Finland

Metsä Spring and Itochu established a joint venture to build and operate a €40 million demo plant in Äänekoski, Finland, to produce wood-based textile fibres. The plant will have an annual capacity of about 500 tonnes and is planned to start up in late 2019.

- Type: New facility
- Announced: 2018-10-01
- Where: Äänekoski, Finland, Finland
- Value: $46.0M (40.0M EUR)
- Starts operating: Q4 2019
- Status: under construction
- Capacity: 500 tonnes per year
- Products: wood-based textile fibres
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [ITOCHU](https://endata.com/companies/1234.md) (partner)
- [Metsä Spring](https://endata.com/companies/34672.md) (partner)

## Sources

- [metsagroup.com](https://www.metsagroup.com/news-and-publications/news/2018/metsa-group-and-itochu-establish-a-joint-venture-that-builds-an-industrial-demo-plant-to-produce-wood-based-textile-fibres/), 2018-10-01: "With the plant, and the demonstration project related to it, we aim to prove the technical feasibility of the new textile fibre production technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.