U.S., Jan. 13 -- Metsa Tissue, a part of Metsa Group, is investing in a new production line for professional tissue papers at its Raubach mill in Germany. The total value of the investment is approximately E10mn.

The new MF4 production line with annual production capacity of 16,000 tonnes will produce folded hand towels, which are used typically in public washrooms.

"Demand for professional tissue paper products is growing and according to our strategy, we are increasing our capacity to meet the market situation. The investment will strengthen our market position especially in Western Europe," commented CEO Esa Kaikkonen.

Production on the new line will begin during the second quarter of 2021.

Last month, the company agreed to divest ...