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The letter of intent, which was signed by the parties this week, sets out a framework for developing optimal energy related synergies between KaiCell Fibers Oy’s planned 600 000 t/a pulp and bioproducts mill in Paltamo, Finland, and the Loiste companies. KaiCell Fibers signs letter of intent with Loiste Companies 23:05 / May 6, 2021 KaiCell Fibers Oy and the Loiste companies have signed a letter of intent to develop cooperation related to energy production. The companies will work together to explore cooperation opportunities related to renewable energy production, as well as technical solutions and investment needs. KaiCell Fibers Oy s goal is to build a bioproduct factory in Paltamo, Finland, which produces 600,000 tons of bleached pulp per year. The mill uses softwood and birch fiber wood and wood chips as raw materials. The bioproduct plant will be a major producer of bioenergy in terms of heat and electricity. The size of the plant describes that it would be possible

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