# Infinited Fiber Company plans $420M Infinna factory in Kemi, Finland

Infinited Fiber Company plans to build a commercial-scale factory at the site of Stora Enso's closed Veitsiluoto paper mill in Kemi, Finland. The investment is estimated at €400 million ($420.73 million), creating 270 jobs, with annual capacity of 30,000 metric tons of Infinna fiber. Full capacity expected by 2025.

- Type: New facility
- Announced: 2019-09-03
- Where: Kemi, Finland
- Value: $420.7M (400.0M EUR)
- Jobs: 270
- Starts operating: 2025
- Status: announced
- Capacity: 30,000 metric tons per year
- Products: Infinna regenerated textile fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Infinited Fiber Company](https://endata.com/companies/41376.md)
- [Stora Enso](https://endata.com/companies/332.md) (partner)
- [Nevel](https://endata.com/companies/41810.md) (partner)

## Sources

- [wwd.com](https://wwd.com/sourcing-journal/industry-news/infinited-fiber-infinna-factory-420-million-regenerated-textile-waste-1238797261/), 2019-09-03: "Infinited Fiber Company plans to build a commercial-scale factory to produce regenerated textile fiber...at the site of...the closed Veitsiluoto paper mill in Kemi."

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