The Port of HaminaKotka Ltd is reserving and preparing a land area and connections for Finnpulp for the purpose of constructing a large chemical pulp warehouse and logistics operations. In return, Finnpulp will sign a long-term agreement to centralize its enormous traffic volumes, amounting to 1.2 million tons of chemical pulp every year, at the Port of HaminaKotka. Shipments destined for all of Finnpulp’s global export markets will be operated from the warehouse. Cargo we be handled by conventional methods and in containers.
In March of this year, the Port of HaminaKotka Ltd, Steveco and UPM agreed on the construction of a substantial chemical pulp center in the same area – the new zone D in Mussalo – where Finnpulp’s operations will be located as a natural continuation. The Port of HaminaKotka Ltd is currently investing over EUR 30 million in building a field, pier and breakwater in the area.
Thanks to the letter of intent, the Port of HaminaKotka will be able to play its own logistical role in Finland’s largest forestry industry investment, which will reinforce the Port of HaminaKotka’s position as the country’s largest universal, export and container port.
“Finnpulp’s decision represents an enormous opportunity for HaminaKotka, and it will add a whole new dimension to our forest industry exports, establishing HaminaKotka as the leading chemical pulp harbor on the Baltic Sea. The decision to build zone D has already proven profitable, and the work is not even finished yet,” says Kimmo Naski, CEO of the Port of HaminaKotka Ltd.