Myllkoski has revealed further details of a Euro 150 million investment program at four of its mills in Germany, Finland and the US. The project, which is already underway, involves a new headbox and wire section, as well as upgrades of the press and dryer sections. The company, at Myllkoski Paper in Anjalankoski, Finland, is spending Euro 22 million on a new peroxide bleaching plant, which is due to be installed by December 2005. The company is also planning to install a new grinder at madison Paper in Maine, US, October 2005, to produce more groundwood pulp.