Myllykoski Corporation and Metsäliitto Cooperative agreed on wood supply arrangements

In late June, Myllykoski and Metsäliitto Wood Supply signed an additional contract related to wood supply. The agreement concerns wood delivery arrangements for Myllykoski's subsidiaries, Myllykoski Paper and Sunila.

The contract covers the transition period arrangements regarding the ending of Metsäliitto’s overall responsibility for Myllykoski Paper’s and Sunila's wood supply until the end of 2009.

In the same connection, Myllykoski and Metsäliitto Cooperative also agreed that they will start negotiations on normal and more extended business-to-business wood deliveries from the start of 2010.

In late February, Myllykoski and Powerflute Oyj announced the establishment of a joint venture to manage their wood procurement. Metsäliitto Cooperative was previously responsible for the companies’ wood procurement.

For more information, please contact:
Sverre Norrgård, President &CEO, Tel. + 358 9 3489640

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About MYLLYKOSKI

MYLLYKOSKI is a family owned international paper group with manufacturing in Finland, Germany, Switzerland and the United States and sales offices around the world. The Finnish roots of the parent company go back to 1892. MYLLYKOSKI products consist of wood-containing uncoated and coated publication papers, including newsprint. Customers include publishers, printers, and retailers worldwide.

MYLLYKOSKI is among the largest publication paper producers in the world.
MYLLYKOSKI operates nine paper mills with a total annual capacity of 3 million tons, including the alliance partner Rhein Papier GmbH of which Plattling Papier is a part. MYLLYKOSKI employs 3,300 people.

MYLLYKOSKI is known as a pioneer in using new technologies as well as recycled fibres for paper production. All European mills are certified with the environmental management System ISO 14001. MYLLYKOSKI’s vision is to be the premier publication paper brand recognized for creativity and positive business solutions.