Keyword: UPM

UPM completes plywood expansion in Russia

    The expansion of UPM Chudovo plywood mill, started in the autumn of 2017, was inaugurated. The [...]

UPM to build a new giant pulp mill in Uruguay

UPM has made the investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de [...]

UPM’s sawmills are running at full speed

UPM Timber welcomed Aki Temmes, 41, to the position of Senior Vice President of Business in late April. He transferred [...]

IKEA and UPM to grow wood sourcing in Russia

On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]

Finland: UPM, Metsä and Stora Enso escape accusations of underpricing

In 2011, Metsähallitus (a Finnish state enterprise, which administers state-owned land) filed a claim for damages against UPM [...]

UPM announces EUR 2 billion investment in new Uruguay pulp mill

UPM plans to invest Euro 2 billion in a new mill to be located near the city of Paso de [...]

UPM sells its Myllykoski mill site in Finland

UPM sells its Myllykoski mill site and premises, located in Kouvola, Finland, to Redeve Oy. The buyer is specialised in [...]

UPM to boost capacity at Alholma sawmill in Finland

Finnish forest industry company UPM has obtained a building permit for increasing the kilning capacity at its Alholma sawmill in [...]

UPM and Urugay gov. sign investment agreement for a new pulp mill

UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp [...]

Helsinki District Court rules out underpricing accussations for Metsä, Stora Enso and UPM

Metsä Group informed that on October 31, 2017, the Helsinki District Court has ruled on 30 cases in which certain [...]