Tag Archives: UPM

Unscheduled stops at two UPM pulp mills in Finland

 The tightness that can be witnessed on the European pulp market has been aggravated after two pulp mills of UPM had to temporarily stop production. Due to technical problems, UPM had to suspend production at two Finnish pulp mills for several days. At the Kymi site, pulp lines were shut down for a total of […]

UPM Unveils New Range of Kraft Papers for Packaging Applications

UPM Specialty Papers has launched a new range of kraft papers designed for bags, wraps, single-packs, and lamination. The UPM SolideTM family of kraft papers features a versatile combination of strength as well as converting properties. All grades in the portfolio offer excellent printability to maximize the shelf impact of packaging. All papers in the UPM […]

UPM Starts-up New Graphic Paper Sheeting Line at Kymi Mill in Finland

UPM Kymi paper mill has started full production on its fourth sheeting line, strengthening UPM’s position on the market for graphic fine paper sheets. “Investing in new equipment shows that fine paper production remains an important part of UPM’s operations,” said Matti Laaksonen, General Manager, UPM Kymi and Kaukas Paper Mills. “The sheeter will help […]

The construction of UPM’s biochemicals facility starts in Germany

UPM recently celebrated the official start of the construction of the state-of-the-art biochemicals facility in Leuna, Germany. The biorefinery investment of EUR 550 million is a major milestone in UPM’s strategic transformation.   In Leuna, UPM will produce a range of 100% wood-based biochemicals that enable a switch from fossil-based products to sustainable alternatives in […]

UPM to invest $2.7bn in Uruguay pulp mill

UPM

The mill investment of $2.7bn will boost UPM’s pulp capacity by more than 50 percent. The mill is scheduled to become operational in the second half of 2022. The eucalyptus supply for the mill will be secured through UPM’s own and leased plantations, comprising 382,000 ha, and wood sourcing agreements with private partners. They will […]

UPM Communication Papers plans to reduce coated mechanical paper capacity in Germany

UPM Communication Papers

Paper production on paper machines 1 and 11 is planned to continue at the mill site. In total 160 positions would be affected by the plans at UPM Plattling. The employee consultation process will start in the course of April in line with local legislation. The machine is planned to be closed after the consultation […]

UPM is building a new ecosystem for wood-based biomedical solutions

biomedical solutions

UPM collaborates with leading research organizations and small to medium sized companies in order to create a new ecosystem and novel wood-based innovations for the biomedical sector. The sector faces a growing need for products sourced from natural materials that are free from animal-derived components as they offer many advantages over currently used materials. UPM has […]

UPM is tendering for a pulp terminal in Montevideo deep sea port in Uruguay

UPM

UPM is taking part in the international public tendering process in the port of Montevideo organized by the National Ports Administration (ANP) of Uruguay. The scope of the concession tender is the building and operation of a port terminal specialized in the storage and shipping of pulp, chemicals and other inputs related to pulp production […]

UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs

UPM increases the IFRS fair value of its forest assets in Finland, mainly due to higher forest growth estimates. In addition, the company adjusts its long-term wood price estimates slightly. The impact of these changes on the fair value of forest assets is approximately EUR 320 million and will be reported as an item affecting […]

UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs

upm

UPM increases the IFRS fair value of its forest assets in Finland, mainly due to higher forest growth estimates. In addition, the company adjusts its long-term wood price estimates slightly. The impact of these changes on the fair value of forest assets is approximately EUR 320 million and will be reported as an item affecting […]