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18 May 2016, at 4 pm (CET + 1)

Kotkamills Group Oyj is pleased to inform that the construction work of the
new BM 2 has progressed to the very advanced stage. The co-operation with
potential new clients has proved that there is strong interest in consumer
board products of Kotkamills Oy, subsidiary of Kotkamills Group Oyj.

As an outcome of the Flying Eagle project a printing paper machine is
converted to board machine producing recyclable, repulpable and renewable
consumer board products. After shutdown and fast demolition of PM2, the
construction work of the new BM 2 started in February at Kotkamills in Kotka,
Finland. The intensive project has demanded extensive work from both
Kotkamills personnel as well as from external suppliers.

The start-up of the new board machine will take place during July 2016. The
earlier target set already in 2015 was last week of June 2016.

Kotkamills Group Oyj
Board of Directors

For additional information, please contact:

CEO Markku Hämäläinen, tel.+358 40 721 0548,

Nasdaq Helsinki Ltd
Key media

Kotkamills Group in brief

Kotkamills is a responsible partner that delivers renewable products and high
quality performance to its customers' processes via product innovations
created from wood, a renewable raw material. Kotkamills' key brands include
Absorbex® and Imprex®, both innovative laminating paper products for the
laminate and plywood industries. Moreover, Kotkamills also offers ecological,
technically sound and visually attractive wood products for demanding joinery
and construction. The start-up of the new board machine producing totally
recyclable Consumer Board products is due in

The information contained in this release shall not constitute an offer to
sell or the solicitation of an offer to buy securities of Kotkamills Group
Oyj in any jurisdiction.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kotkamills Group Oyj via Globenewswire


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