Capacity will continue to be reduced, says UPM’s CEO

The scarcity of raw wood affects the plans of forest companies more and more concretely. According to UPM's CEO Jussi Pesonen, temporary and permanent shutdowns of production facilities, which have also been seen in Finland, will probably have to be done in the future. In addition to the challenges of the final product market, problems are caused by the reduced availability of raw wood and the increased price. Pesonen estimates that capacity has had to be limited in wood products, pulp, paper and cardboard as well. "Actually, product group like product group, we will definitely have to ...