Keyword: UPM

UPM cuts up to 170 jobs in Europe

    As a result of the weakening world economic outlook as well as the COVID-19 related [...]

UPM builds a wood processing plant in Germany

Construction of a timber processing plant in Leuna, Germany, will start before the end of the third quarter of 2020 [...]

Closure of UPM’s paper mill shifts focus on condition of Finland’s forestry sector

The operating conditions of the forest industry in Finland came into focus on Thursday as Finnish forestry giant UPM elaborated [...]

UPM profit falls sharply in Q2/2020

Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]

UPM to close plywood mill in Finland

    UPM Plywood is planning to permanently close its Jyväskylä plywood mill in Finland, which is [...]

Finnish forestry giants prepared to face the economic downturn caused by the coronavirus

Despite the coronavirus pandemic, the early part of the year was still reasonably good for large Finnish forestry companies.   [...]

Stora Enso, UPM and SCA not yet impacted by the coronavirus pandemic

Forestry giants in Northern Europe, Stora Enso, UPM and SCA, haven't been affected yet by the coronavirus crisis that [...]

UPM invests more than 500 million euros into a biorefinery in Germany

UPM plans to enter the biochemicals business by investing in a biorefinery at Leuna, Germany.    The [...]

UPM could close Chapelle mill in France

In September 2019, UPM announced plans to sell its Chapelle newsprint mill in Grand-Couronne, France.      [...]

Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills in Finland

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]