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UPM Kymmene Plans To Reduce Its Uncoated Paper Capacity
UPM To Lay Off 155 People At UPM Plattling, Paper Machine 10 To Close
UPM Communication Papers To Reduce Coated Mechanical Paper Capacity In Germany
UPM-Kymmene Corporation (UPM) is a global forest company. The Company's segments include UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA, UPM Plywood and Other operations. The UPM Biorefining segment consists of pulp, timber and biofuels businesses. The UPM Energy segment is an electricity producer. The UPM Raflatac segment manufactures self-adhesive label materials for product and information labelling. The UPM Specialty Papers segment serves global markets with label papers and release liners, office papers in Asia and flexible packaging in Europe. The UPM Paper ENA segment offers graphic papers for advertising, magazines, newspapers, and home and office. The UPM Plywood segment offers plywood and veneer products, mainly for construction, vehicle flooring and liquefied natural gas shipbuilding, and other manufacturing industries. The Other operations segment includes wood sourcing and forestry, UPM Biocomposites and UPM Biochemicals business units.
Paper & Paper Products
Alvar Aallon katu 1
Bjorn Arne Christer Wahlroos
Independent Chairman of the Board
Member of the Group Executive Team, President, Chief Executive Officer, Director
Independent Deputy Chairman of the Board
Chief Financial Officer; Executive Vice President, UPM Energy; Member of the Group Executive Team
Executive Vice President, Technology; Member of the Group Executive Team
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Finnish pulp and paper maker UPM <UPM.HE> said on Tuesday it will build a pulp plant in Uruguay and invest around $3 billion in the project.
Finnish pulp and paper maker UPM <UPM.HE> said on Tuesday it had decided to go ahead with plans to invest nearly $3 billion (£2.4 billion) in the construction of a pulp plant in Uruguay, which will start operating in the latter half of 2022.
Finnish pulp and paper maker UPM said on Tuesday it had decided to go ahead with plans to invest nearly $3 billion in the construction of a pulp plant in Uruguay, which will start operating in the latter half of 2022.
Finnish pulp and paper maker UPM <UPM.HE> said on Tuesday it has decided to go ahead with plans to build a pulp plant in Uruguay, which will start in the latter half of 2022, and it will invest around $3 billion in the project.
Finnish pulp and paper maker UPM said on Tuesday it has decided to go ahead with plans to build a pulp plant in Uruguay, which will start in the latter half of 2022, and it will invest around $3 billion in the project.
Finnish pulp and paper maker UPM on Tuesday reported a rise in second-quarter profit, but said it expects prices to fall in the second half of the year.
* Metsa Fibre unveils plan for 1.5 bln euro Finnish pulp mill
Finnish pulp and paper maker UPM on Friday reported an expected rise in first quarter profits as it was able to increase prices faster than costs increased.
Finnish paper maker UPM said on Tuesday it planned to close a magazine paper machine in Germany, cutting output to match weaker demand and lowering costs.
Finnish pulp and paper maker UPM on Thursday reported a smaller-than-expected rise in fourth-quarter profit, citing a disappointing performance at its specialty papers division.
Finnish pulp and paper maker UPM reported on Thursday a smaller-than-expected rise in quarterly profit, citing disappointing performance at its Specialty Papers unit and uncertainties in the global economy.
Finnish pulp and paper maker UPM on Tuesday reported a 24 percent rise in second quarter profit and said it expected earnings growth in the second half of the year versus the first helped by higher prices and less maintenance.
Finnish pulp and paper maker UPM moved forward on Wednesday with a plan to build a new 2 billion euro ($2.32 billion) pulp plant in Uruguay as it signed an infrastructure investment deal with the Latin American country.
Finnish pulp and paper maker UPM signed a preliminary agreement with Uruguay on Tuesday for a potential 2-billion-euro new pulp plant project, the company said in a statement.
Finnish pulp and paper company UPM announced new cost cuts in its troubled paper business on Tuesday as rising pulp prices helped quarterly profits beat market expectations.
Finnish pulp, paper and energy company UPM reported a smaller than expected quarterly profit on Tuesday due to maintenance outages, and warned pulp prices faced pressure from new capacity in the industry.
* says Madison Paper Industries, a partnership of Finland's UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company, has signed an agreement on the sale of its hydro power facilities to Eagle Creek Renewable Energy, LLC
Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.
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