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UPM supports schooling opportunities of young people at risk of social exclusionSystem Account2017-11-20T11:30:00Z<p class="hugin">(UPM, Helsinki, 20 November 2017 at 11.30 EET) -UPM supports young people whose secondary education is at risk due to the family's low income through Eväitä Elämälle programme by Save the Children organisation. UPM's support is targeted at buying learning materials so that young people can continue their studies regardless of the family's financial situation. The study materials aid will be directed to the local associations of the Save the Children organisation.</p> <p class="hugin">In Finland, 15 per cent of young people have not completed upper secondary education by the age of 25. Nearly half of the young people without qualification or education have had to cut or drop their studies due to lack of money. The costs of upper secondary education are caused by learning materials in particular. Study materials aid is provided for the textbooks and other materials, such as work equipment, used at secondary schools and vocational institutions. The goal is that the beneficiaries can complete a matriculation examination or a vocational qualification.</p> <p class="hugin">&quot;As a sponsor of Eväitä Elämälle programme we are promoting equality and inclusion among young people as well as increasing their opportunities to build future in their chosen studies. This is important for the young themselves but also for society as a whole and for its wellbeing, &quot;says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, Stakeholder Relations at UPM.</p> <p class="hugin">&quot;Under the Eväitä Elämälle programme, 1,458 children from low-income families received aid for learning materials and hobbies from Save the Children last year. Our recent study shows clearly that the schooling costs are a problem for many. Nearly 60 per cent of the respondents felt that the costs of secondary education have caused them or their families financial challenges,&quot;says <b class="hugin">Hanna Markkula-Kivisilta</b>, Secretary General from Save the Children Finland.</p> <p class="hugin">UPM's societal engagement activities are closely connected to our Biofore strategy and responsibility targets. UPM focuses on projects that are relevant to both UPM's business and responsibility goals. The focus areas of UPM's Biofore Share and Care programme are&#58; Reading &amp; Learning, Engaging with communities, Responsible water use and Boosting bioinnovations. Read more on Biofore Share and Care programme on UPM <a class="hugin" href="http&#58;//www.upm.com/Responsibility/people-society/sponsorships-donations/Pages/default.aspx" target="_blank">website</a>.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Pirkko Harrela, EVP, Stakeholder Relations, UPM, <a class="hugin" href="mailto&#58;pirkko.harrela@upm.com" target="_blank">pirkko.harrela@upm.com</a>, tel. +358 2041 50588<br class="hugin">Hanna Markkula-Kivisilta, Secretary General, Save the Children Finland, <a class="hugin" href="mailto&#58;hanna.markkula-kivisilta@pelastakaalapset.fi" target="_blank">hanna.markkula-kivisilta@pelastakaalapset.fi</a>, tel. +358 50 462 1148</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">Save the Children Finland</b><br class="hugin">Save the Children Finland is a politically and religiously independent non-governmental organization founded in 1922, which fights for children's rights in order to immediately and permanently improve children's lives in Finland and all over the world. Save the Children Finland is part of the Save the Children organization, which operates in over 100 countries to improve children's lives. Our vision is a world where every child has the right to live, to be protected, to develop and to participate. Our mission is to improve the way children are treated and to immediately and permanently improve children's lives. Additional information&#58; <a class="hugin" href="http&#58;//www.pelastakaalapset.fi" target="_blank">www.pelastakaalapset.fi</a> </p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">UPM leads the forest-based bioindustry into a sustainable, innovation-driven and exciting future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. UPM provides sustainable and safe solutions to the growing global consumption. Products are made of renewable and recyclable materials. The group employs around 19,300 people worldwide and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Pulp Direct 3/2017 - UPM Fray Bentos has been serving customers for 10 yearsk0084452017-11-14T14:00:00Z<p>​This November marks the 10th anniversary of UPM Fray Bentos pulp mill, one of the best in the world.&#160; <a href="/pulp-and-paper-news/pulp-newsletter/Documents/pulp-direct-3-2017.pdf">Read more in the latest issue of Pulp Direct » </a></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM and the Government of Uruguay sign an investment agreement to establish a competitive operating platform for a possible new pulp mill in UruguaySystem Account2017-11-08T00:15:00Z<p class="hugin">(UPM, Helsinki/Montevideo 8 November 2017 at 00&#58;15 EET) - UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision. </p> <p class="hugin">The agreement defines the requirements for the operating environment of a world-class pulp mill project. The site of the mill would be close to the city of Paso de los Toros, in the department of Durazno in central Uruguay. </p> <p class="hugin">A long-term industrial operation requires stable and predictable operational environment. This will be supported by several measures in the areas of regional development, environment, forestry and land planning as well as labour and energy conditions.</p> <p class="hugin"><b class="hugin">Infrastructure development as key enabler&#160; </b></p> <p class="hugin">The Government will develop the rail and road network by tendering the construction and long-term maintenance of the network. The total investment by the Government has been reported to be approximately USD 1 billion. This investment is necessary to enable the establishment of efficient logistic infrastructure in the Uruguayan inland. The Government will also promote concession for a terminal specializing in pulp in the Montevideo port with rail access in order to secure reliable and competitive outlet to export markets.</p> <p class="hugin">Once the permitting requirements are fulfilled, the Government will grant the mill a free trade zone status, which is necessary to ensure competitiveness on international markets. </p> <p class="hugin">UPM will carry out an engineering study and permitting process for a pulp mill with an annual capacity of about 2 million tonnes of eucalyptus market pulp. The preliminary estimate for a pulp mill investment on site is approximately EUR 2 billion.</p> <p class="hugin">In addition, a successful project requires off-site investments in plantation land and forestry, road network and nursery capacity, harvesting and transport equipment, rolling stock for the rail, export facilities and human development. </p> <p class="hugin">&quot;Robust infrastructure is elemental for industrial development. The Government of Uruguay is stating their serious intent with this agreement and timeline. The agreement sets the foundation for UPM's planning of a state-of-the-art pulp mill investment,&quot; says <b class="hugin">Jaakko Sarantola</b>, UPM's Senior Vice President, Uruguay Development.</p> <p class="hugin"><b class="hugin">Global demand for sustainable pulp continues its strong growth</b></p> <p class="hugin">&quot;A competitive world-class pulp mill must have a solid wood supply, well-working logistic infrastructure and efficient mill operations. The environmental performance of the mill would be secured with competent and engaged personnel and with best available technology. When in operation, the mill, forestry and related activities would employ 8,000 additional people in its full value chain. The operations would also have a significant positive impact on the central and north-eastern regions.&quot; </p> <p class="hugin">&quot;The signing of this agreement confirms that we are now entering the second preparation phase of this prospect, which is expected to take some 1.5 to 2 years. Achieving significant progress in the implementation of the infrastructure initiatives is critically important for the final investment decision,&quot; says Sarantola. </p> <p class="hugin">&quot;The world megatrends support a strong growth of the market pulp demand. UPM's customers value the stable quality of the Uruguayan eucalyptus pulp and hence Uruguay could be a competitive alternative for addressing UPM's pulp market opportunities in the 2020s. The possible new capacity in Uruguay would support UPM's multifibre strategy; to serve customers in growing hygiene, packaging and speciality end-use segments,&quot; concludes Sarantola. </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin"><b class="hugin">Uruguay&#58;</b> Jaakko Sarantola, Senior Vice President, UPM, Uruguay Development. <br class="hugin">Contacts through Burson Marsteller (+598 0) 2 623 28 70<br class="hugin"><b class="hugin">International&#58;</b> Heikki Vappula, Executive Vice President, UPM Biorefining. <br class="hugin">Contacts through UPM, Media Relations, tel. +358 40 588 3284, <a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">Notes to the editor</b><br class="hugin">In July 2016, UPM commenced discussions with the Government of Uruguay regarding the prerequisites for long-term industrial development in Uruguay. The aim of these discussions during the first preparation phase was to come to a mutual understanding on an investment agreement that defines the local prerequisites for industrial investment as well as initiatives for infrastructure development. The investment agreement was signed 7 November 2017.</p> <p class="hugin">The subsequent second preparation phase consists of an engineering study, tendering and permitting process as well as achieving significant progress in the implementation of the agreed infrastructure initiatives. Any relevant items are to be agreed prior to the possible final investment decision. This second phase is expected to last 1.5 to 2 years.</p> <p class="hugin">If these two preparation phases are concluded successfully, UPM will initiate the company's regular process of analysing and preparing an investment decision.</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM in Uruguay</b><br class="hugin">UPM's operations in Uruguay include the Fray Bentos pulp mill, the UPM Forestal Oriental forestry and wood sourcing company with its two nurseries, as well as the UPM Foundation.</p> <p class="hugin">UPM Forestal Oriental manages about 250,000 hectares of plantable land including own and Fomento partner producers' land. All of UPM's forest plantations are certified. </p> <p class="hugin">The Fray Bentos pulp mill started operations in 2007 and remains one of the world's most modern and efficient pulp mills. Its annual production capacity is 1.3 million tonnes of eucalyptus pulp. Besides pulp, the Fray Bentos mill is a significant biomass-based energy producer, accounting 8% of Uruguay's total energy production. The mill's wood raw material comes from sustainably managed local plantations.</p> <p class="hugin">Founded in 2006, the UPM Foundation works in coordination with local stakeholders to promote the development of rural communities through education, training and entrepreneurship, fostering a culture of safety and healthy living.</p> <p class="hugin">UPM employs directly and indirectly altogether 7,000 people in Uruguay and its contribution to Uruguay's GDP is 1.4%. <a class="hugin" href="http&#58;//www.upm.uy" target="_blank">www.upm.uy</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM's negotiations with the Government of Uruguay concludedAnni Pakkala, Tulus Oy2017-11-01T14:00:00Z<p>(UPM, Montevideo, 1 November 2017 at 09&#58;00 GMT -3.00) – The discussions between UPM and the Government of Uruguay concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay have been concluded. </p><p>&quot;The negotiations have been intensive and constructive. Now the result of the negotiations will be reviewed by both parties in their respective decision making processes. In UPM this is estimated to take approximately ten days,&quot; says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform. </p><h2>Notes to the editor</h2><p>In July 2016, UPM commenced discussions with the Government of Uruguay regarding the prerequisites for long term industrial development in Uruguay, including infrastructure development. </p><p>The aim of these discussions during the first preparation phase has been to come to a mutual understanding on an investment agreement that defines the local prerequisites for industrial investment as well as initiatives for infrastructure development. </p><p>The subsequent second preparation phase would consist of a pre-engineering study and permitting process, and achieving significant progress in the implementation of the infrastructure initiatives agreed upon during the first preparation phase. This phase is expected to last one and a half to two years. </p><p>If these two preparation phases are concluded successfully, UPM will initiate the company´s regular process of analysing and preparing an investment decision regarding a potential pulp mill.</p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM receives an A score for CDP's Water and Forests ProgramsSystem Account2017-10-25T09:30:00Z<p class="hugin">(UPM, Helsinki, 25 October 2017 at 09.30 EET)&#160; - UPM has been positioned on this year's A List for water and forests by CDP, the non-profit global environmental disclosure platform. CDP's A List comprises companies from around the world that have been identified as leading in their efforts and actions to combat environmental risk in the past CDP reporting year. Of the companies that submitted information, UPM is one of the only four companies to score an A on both water and forests.</p> <p class="hugin"><img alt="" class="hugin" height="226" src="https&#58;//hugin.info/165629/I/2144357/123091.jpg" width="340" /></p> <p class="hugin">&quot;UPM is committed to the internationally accepted principles of sustainable forest management and to minimise the negative impacts of its operations on water resources,&quot; says <b class="hugin">Tuomas Niemi</b>, Manager, UPM Environment and Responsibility. </p> <p class="hugin">&quot;We aim to maximise our total contribution to society by creating long-term profitable business with responsible practises embedded into our operations and value-chain&quot;, Niemi continues. </p> <p class="hugin">&quot;Congratulations to all the companies that made it onto the A List this year. It's inspiring to see so many taking bold action to mitigate environmental risks and grasp the opportunities that come with the transition to a sustainable economy. These companies are driving the transition as we approach a tipping point on environmental action&quot;, says <b class="hugin">Paul Dickinson</b>, Executive Chair, CDP.</p> <p class="hugin">CDP publishes A-D scores across climate, water and forests for over 3,000 major corporates, with the leaders celebrated on the A List. </p> <p class="hugin">This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability. Thousands of companies submit annual environmental disclosures to CDP for independent assessment at the request of 827 investors with assets of over US$100 trillion.</p> <p class="hugin">The A-List and full company scores are available on CDP's website&#58; <a class="hugin" href="https&#58;//www.cdp.net/en/scores-2017" target="_blank">https&#58;//www.cdp.net/en/scores-2017</a> </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Tuomas Niemi, Manager, Standards, UPM, Environment and Responsibility, tel. +358 40 7388 137</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com/" target="_blank">upmbiofore.com</a></p> <p class="hugin"><b class="hugin">About CDP</b><br class="hugin">CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted <a class="hugin" href="https&#58;//www.cdp.net/en/articles/media/press-release-investors-rank-cdp-number-one-in-climate-change-research-for-second-year-running" target="_blank">number one</a> climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP's platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition. Please visit&#160;<a class="hugin" href="http&#58;//www.cdp.net/" target="_blank">www.cdp.net</a>&#160;or follow us @CDP to find out more.</p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Did you know that pulp mills produce lots of bioenergy?Anni Pakkala, Tulus Oy2017-10-10T10:00:00Z<img src="/PublishingImages/main/Kymi-recovery-plant.jpg" alt="" style="margin&#58;0px;" /> <h4>UPM has four pulp mills that produce pulp from pine, spruce and birch in Finland and from eucalyptus in Uruguay. The mills also use the same wood to produce a significant amount of bioenergy.</h4><p>UPM Pulp produces more than 2% of all electricity produced in Finland, while the UPM Fray Bentos pulp mill accounts for as much as 8% of the energy generation in Uruguay. Electricity generation in pulp mills does not cause fossil CO2.</p><p>So why do we need pulp? Simply take a walk through your home—from your kitchen, through the fridge to your bathroom—and you’ll have the answer. Today, an increasing proportion of pulp is used for packaging, such as milk and juice cartons and other packages, wraps and labels. Kitchen roll, toilet paper and personal care products are further examples of the growing number of end-uses for pulp.</p><p>The global population is growing, and urbanisation and e-commerce are driving factors behind an increase in packaging. This also means a rise in the demand for pulp. Packages made from pulp can be recycled for reuse or used to produce energy. This reduces the use of non-renewable raw materials and fossil fuels.</p><p>UPM is responding to the growing demand for pulp by investing in its pulp mills. Increased pulp production also increases the share of electricity and heat production and improves the energy efficiency of the mills. This decreases the amount of energy required to produce a tonne of pulp and increases the amount of energy sold per tonne of pulp.</p><p>Also different types of side-streams and residues, such as crude tall oil, turpentine and lignin, are generated during pulp production. These can be further processed into new products. UPM’s Lappeenranta biorefinery uses crude tall oil to produce renewable UPM BioVerno diesel and naphtha that can also be used as raw material for bioplastics.</p><h2>Setting goals and working hard towards cleaner production</h2><p>Clean, CO<sup>2</sup>-free energy is important to UPM, and we have made long-term investments in emission-free energy. We aim to reduce CO2 emissions from purchased electricity and energy production by 30% by 2030. In 2016, 69% of the fuels used by UPM were renewable.</p><p>For example, around 97% of the electricity used at the Kymi pulp mill is CO2-free. We only need to purchase electricity from the market during maintenance work and production stoppages. The Kymi pulp mill uses natural gas as reserve fuel.</p><p>UPM has made an investment to increase pulp production at the Kymi mill. Once completed, the investment will also further increase the production of electricity and heat.</p><p>The use of the best available techniques, tighter emissions regulations and emission-related costs all have an effect on the operation of the mills. Investments have reduced emissions and the use of sulphur at the mills, even though production has increased.</p><p>Modern pulp mills are much more than just pulp mills — they are multifunctional biorefineries and energy plants that use wood to produce not only pulp but also electricity and heat as well as different types of side-streams and residues that can be processed into new products.<br></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM listed as the industry leader in the global Dow Jones Sustainability Index System Account2017-09-07T09:00:00Z<p class="hugin">(UPM, Helsinki, 7 September 2017 at 09.00 EET)&#160; - UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2017-2018 for the fifth time.</p> <p class="hugin">&quot;Responsibility is one of the key elements of UPM's Biofore strategy. Compliance, integrity and sustainability are strongly guiding everything we do,&quot; says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, UPM Stakeholder Relations. </p> <p class="hugin">&quot;We promote responsible practices throughout the value chain and are active in finding sustainable solutions in co-operation with our customers, suppliers and partners. Creating value for society both as a company and through our products is essential for us,&quot; Harrela continues. </p> <p class="hugin">The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics. </p> <p class="hugin"><img alt="" class="hugin" height="118" src="https&#58;//hugin.info/165629/I/2132134/121388.jpg" width="346" /></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sami Lundgren, Vice President, UPM, Environment and Responsibility, tel. +358 40 580 0910</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About UPM</b></p> <p class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Pulp Direct 2/2017 has birch in spotlightElina Räihä, UPM2017-07-25T13:00:00Z<p>Did you know that birch pulp not only gives papers&#160; good strength values and a compact structure but it also can bring you savings? Read more about birch pulp and its characteristics in our latest&#160; <a href="/pulp-and-paper-news/pulp-newsletter/Documents/pulp-direct-2-2017.pdf">Pulp Direct newsletter. »</a></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM highlights societal impacts in its EMAS reporting System Account2017-06-20T15:00:00Z<p class="hugin">(UPM, Helsinki, 20 June 2017 at 15&#58;00 EET) - UPM has taken the first steps to renew its reporting under The European Eco-Management and Audit Scheme (EMAS). Four of the company's mills have this year completed their EMAS Environmental Performance reports with locally relevant information on societal aspects and impacts. The mills are UPM Changshu paper mill in China, UPM Nordland paper mill in Germany, UPM Kaukas paper and pulp mills in Finland and UPM Fray Bentos pulp mill in Uruguay. The company will decide on its future EMAS reporting approach based on the feedback gained from its various internal and external stakeholders and the EMAS organisation.</p> <p class="hugin">&quot;We see ourselves as an integral part of the local communities. Being transparent with the environmental information and the impacts of our operations is very important, but we also want to share the societal aspects and impacts with our stakeholders&quot;, says <b class="hugin">Gabriele Wende</b>, Director, Reporting and product stewardship, UPM. </p> <p class="hugin">&quot;UPM has integrated&#160;responsibility data in its Annual Report already for the last 10 years. While the Annual Report is a great source of corporate-wide information, the detailed local report gives a new dimension to our local value creation&quot;, Wende continues. </p> <p class="hugin">&quot;By EMAS registration an organisation shows both its willingness and capability to commit to environmental responsibility&quot;, says <b class="hugin">Merja Saarnilehto</b>, Ministerial Adviser, Finnish Ministry of the Environment. &quot;Combining the environmental data with information about locally relevant societal aspects and impacts gives the local stakeholders even a wider overview of company's obligations and commitments. It also points out concrete measures the company has taken to reach them. In this, UPM leads by a good example&quot;, Saarnilehto continues.</p> <p class="hugin">&quot;Transparent reporting is one of the key elements fostering the added value of EMAS for companies, authorities and citizens. The commitment of UPM to transparently report on its environmental performance &#160;for over the last 20 years confirms the company's commitment to conducting an open dialogue with local stakeholders at its EMAS registered sites all over the world,&quot; says <b class="hugin">Hugo-Maria Schally,</b> Head of Unit 'Sustainable Production, Products &amp; Consumption' at DG Environment, European Commission.</p> <p class="hugin">&quot;Completing EMAS reporting with societal aspects and impacts is an interesting step to deepen this dialogue. The Commission follows with interest this evolution and its interaction with EMAS reporting&quot;, Schally concludes.</p> <p class="hugin">UPM pulp and paper mills registered in EMAS soon after the scheme was established in 1995, and has been persistent with registration since. In 2012 and 2013, UPM extended its Corporate EMAS registration to its mills outside Europe, to UPM Fray Bentos pulp mill in Uruguay and to UPM Changshu paper mill in China. </p> <p class="hugin">The rest of the paper and pulp mill specific EMAS reports and the corporate environmental statement will be published in the near future <a class="hugin" href="http&#58;//www.upm.com/Responsibility/fundamentals/Reporting/Pages/default.aspx" target="_blank">on UPM website</a>. The final registration is complete only when the Corporate EMAS registration 2016 has been approved. </p> <p class="hugin">Read more on UPM's socio-economic impacts at local level in an article on <a class="hugin" href="https&#58;//www.upmbiofore.com/upm/social-responsibility-integrated-in-local-environmental-reporting/" target="_blank">upmbiofore.com</a>. </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Gabriele Wende, UPM, Director, Reporting and product stewardship, tel. +49&#160;175 1500 705.</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company- <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM continues developing Pulp Business by investing in efficiency and competitiveness of the Kaukas pulp mill System Account2017-06-20T09:30:00Z<p class="hugin">(UPM, Helsinki, 20 June 2017 at 09&#58;30 EET) - UPM will further improve the efficiency and competitiveness of the Kaukas pulp mill in Lappeenranta, Finland, by upgrading the mill's production process with a EUR 30 million investment. The upgrade will be targeted in the mill's fibre lines, recovery boiler, evaporation, bailing and wood handling. Erection of the main equipment and start-up are scheduled for the spring of 2018.</p> <p class="hugin">&quot;Last year at the Kaukas mill we successfully completed a EUR 50 million investment, where we renewed both the pulp drying machines. Now that we have met targets with drying, we can improve the production efficiency with these targeted upgrades,&quot; says <b class="hugin">Sami Saarela</b>, Vice President, Finland Operations, UPM Pulp.</p> <p class="hugin">After this new project, annual production capacity of the Kaukas mill will increase by 30,000 tonnes from the current 740,000 to 770,000 tonnes of softwood and birch pulp in 2019. The majority of its production is softwood. The Kaukas softwood pulp, UPM Conifer Reinforcement, is known in the market as a strong reinforcement pulp suitable for end-uses requiring good strength properties.</p> <p class="hugin">&quot;Demand for pulp continues to grow especially in paper grades that are used in consumer goods. Examples of such grades are tissue, label papers and board. In previous years we have replied to growing demand with similar targeted investments in all of our pulp mills and thus cost-efficiently increased our annual pulp production capacity altogether by more than 500,000 tonnes since 2013,&quot; says Saarela.</p> <p class="hugin">UPM's biggest ongoing pulp investment today is the EUR 98 million production expansion at the Kymi pulp mill in Kuusankoski, Finland. Started in 2016, this project comprises&#160;upgrades in wood handling, the birch fibre line, recovery island and effluent treatment. New machinery will be connected to the process during the next pulp mill shut-down planned for the autumn of 2017. After completion, annual pulp production of Kymi will reach 870,000 tonnes of softwood and birch pulp by the end of the year.</p> <p class="hugin">During the past few years UPM Pulp has established a strong position on the pulp market and developed a versatile and attractive pulp portfolio with an appealing service offering. UPM's competitive and modern mills are in excellent shape and provide a perfect platform for further growth in cooperation with customers.</p> <p class="hugin"><b class="hugin">For more information, please contact&#58;</b><br class="hugin">Sami Saarela, Vice President, Finland Operations, UPM Pulp, tel. +358 50&#160;360 6502<br class="hugin">Teuvo Solismaa, General Manager, UPM Kaukas, tel. +358 40 7411 380</p> <p class="hugin"><b class="hugin">Invitation to a press conference today in Lappeenranta&#58; </b><br class="hugin"><b class="hugin">UPM welcomes the press to see the most recently completed upgrades at the pulp mill together with the world record breaking drying machine and to hear all about the latest plans.</b></p> <p class="hugin">UPM will hold a press conference today at the Kaukas pulp mill in Lappeenranta, Finland.<br class="hugin">Address Kaukaantie 16, Lappeenranta, at 11&#58;00 EET. Meeting point Meesaportti, see map here <a class="hugin" href="http&#58;//pet.upm.com/l/WJgRrHZNxmSZ" target="_blank">&gt;&gt;&gt;</a>. The event will be hosted by <b class="hugin">Sami Saarela </b>and <b class="hugin">Teuvo Solismaa, </b>General Manager of UPM Kaukas. <br class="hugin">Contact&#58; <b class="hugin">Katja Tiikasalo</b>, Manager, Stakeholder Relations, UPM Kaukas, tel. +358 50&#160;490 5421.</p> <p class="hugin">Photos from UPM Kaukas&#58; <a class="hugin" href="http&#58;//pet.upm.com/l/WJgRrHZNxmSZ" target="_blank">http&#58;//pet.upm.com/l/WJgRrHZNxmSZ</a></p> <p class="hugin"><b class="hugin">UPM, Media Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Kaukas </b><br class="hugin">UPM Kaukas is an integrated modern mill producing sawn timber, softwood and hardwood pulp, coated magazine paper, renewable diesel and energy. With the R&amp;D centre on site, UPM employs around 1,000 employees in Lappeenranta, Finland. The Kaukas pulp mill employs 260 people and produces bleached softwood and birch pulp with an annual capacity of 740,000 tonnes.</p> <p class="hugin"><b class="hugin">UPM Pulp </b><br class="hugin">UPM is one of the world's leading producers of northern softwood, birch and eucalyptus pulp. We supply global customers in end use segments such as tissue, specialty, and packaging as well as printing and writing papers, and board, through our own sales and technical service network close to customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay, as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people. The annual pulp production capacity is 3.6 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. <a class="hugin" href="http&#58;//www.upmpulp.com" target="_blank">www.upmpulp.com</a> </p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Discussions with the Government of Uruguay progressing - key items aligned System Account2017-05-04T01:00:00Z<p class="hugin">(UPM, Helsinki, 4 May 2017 at 01&#58;00 EET) - &quot;Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,&quot; says <b class="hugin">Jaakko Sarantola</b>, Senior Vice President, UPM, Uruguay Platform.</p> <p class="hugin">&quot;Some remaining items still need to be solved as we start the work on the contract language which will specify the mutual responsibilities. Our focus lies heavily on solving these remaining topics,&quot; says Sarantola.</p> <p class="hugin"><b class="hugin">Notes to the editor</b></p> <p class="hugin"><a class="hugin" href="http&#58;//www.upm.com/About-us/Newsroom/Releases/Pages/UPM-considers-alternatives-for-long-term-development-in-Uruguay---Logistics-infr-001-Thu-14-Jul-2016-00-48.aspx" target="_blank">In July 2016</a>, UPM commenced discussions with the Government of Uruguay regarding the prerequisites for long-term industrial development in Uruguay, including infrastructure development. </p> <p class="hugin">The aim of these discussions during the first preparation phase has been to come to a mutual understanding on an investment agreement that defines the local prerequisites for industrial investment as well as initiatives for infrastructure development. </p> <p class="hugin">The subsequent second preparation phase would consist of a pre-engineering study and permitting process, and achieving significant progress in the implementation of the infrastructure initiatives agreed upon during the first preparation phase. This phase is expected to last one and a half to two years. </p> <p class="hugin">If these two preparation phases are concluded successfully, UPM will initiate the company's regular process of analysing and preparing an investment decision regarding a potential pulp mill. </p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Fray Bentos mill reaches four years without lost time accidentsk0084452017-04-25T08:00:00Z<p>​The personnel at UPM's Fray Bentos mill in Uruguay reached an impressive milestone on 22 April – four years without any accidents resulting in absence.<br><br>UPM carries out a strategic annual safety plan with clear guidelines that everyone must follow in order to comply with set objectives and the strictest safety standards. The working culture, planning and management not only apply to UPM staff, but also to those working for contractors, also raising their standards and developing their skills while creating safer working conditions for everyone.<br><br><img src="/PublishingImages/fray-bentos-safety-1-570px.jpg" alt="" style="margin&#58;5px 5px 5px 0px;" /><br> <br>Regular training and safety campaigns, along with fluent communication between the different areas within the mill site, are highlighted as some of the fundamental pillars to achieve this kind of result. In 2016, over 3000 workers were trained in safety including hot working, shared working spaces, working at height, among others.<br><br>&quot;The challenge is to create a culture where safety is perceived as a value that is incorporated into all our activities and our way of working,&quot; says <strong>Gerardo Galimberti</strong>, Safety Director, UPM Pulp. “To build a strong safety culture requires constant effort from each one of us.”<br>&#160;<br><br><img src="/PublishingImages/fray-bentos-safety-2.jpg" alt="" style="margin&#58;5px 5px 5px 0px;" /><br> <br>He also adds&#58; &quot;Safety is a universal concept that touches all those who work in the company, from top management to every worker who enters the mill every day.<br><br>&quot;Workforce ownership, team work and commitment to safety are what make our pulp mill in Fray Bentos one of the safest mills in the industry,&quot; says Galimberti.<br></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Tree planting event in Shanghaik0084452017-04-07T13:00:00Z<p>​UPM Pulp participated in the Finnish-Chinese Students Tree Planting Event in Yangpu Park in Shanghai on 26&#160;March 2017. The event celebrated the centenary of Finland independence and the Finnish tree planting campaign “The Spruce Of The Future”. <a href="/pulp-and-paper-news/pulp-stories/Pages/upm-pulp-plants-trees-in-shanghai.aspx">Read more » </a></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Pulp appoints Stefan Achrén Sales Director for Europek0084452017-04-03T10:00:00Z<p>​Stefan Achrén has been appointed Sales Director, Europe, UPM Pulp as of 1 April 2017. Stefan will lead the European Pulp Sales Organisation reporting to Tomas Wiklund. He will be based in the UPM Pulp Sales Office in Mannheim, Germany.<br><br><img alt="Stefan Achrén" src="/PublishingImages/portraits/stefan-achren-upm-pulp.jpg" style="margin&#58;5px;" /><br><br>Stefan has extensive experience of global pulp markets through his previous position as UPM’s Sourcing Manager for Pulp. Prior to joining UPM’s Sourcing function, Stefan gained a deep understanding of UPM’s products in various positions in UPM’s R&amp;D organisation.<br><br></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Kymi pulp mill expansion project targets reach rooftop Sari Hörkkö, UPM2017-03-28T08:00:00Z<p>(UPM Kymi, Kouvola, 28 March 2017 at 09&#58;00 EET) – Today’s the day of the UPM Kymi pulp mill Kymi-870 expansion project roof-wetting party, which celebrates the project’s main construction targets. There will be a total of 130 attendees at the event, including those working on the project and invited guests.<br><br>UPM’s investment project is worth EUR 98 million, and involves a renewal of the Kymi pulp mill wood handling, birch fibre line, recovery island and waste water treatment. As a result of this investment, UPM Kymi’s annual production capacity will increase to 870,000 tonnes of bleached northern softwood and birch pulp. UPM invests in the Kymi pulp mill in order to strengthen its position as a supplier of bleached chemical pulp for growing consumer and industrial end-use segments such as tissue, specialty papers and board.<br><br>The renewals that will be completed this year will increase the efficiency of pulp production as bottlenecks are eliminated, in addition to environmental performance being improved. As pulp production increases, so does energy production.<br><br>“All work site targets have progressed as planned and on schedule. So far there have been no lost-time accidents. Working when full production is in process requires all workers to focus on safety,” says Project Manager <strong>Tero Pöllänen</strong>.<br><br>The expansions of the birch fibre line, chemical recovery island and screening building have reached rooftop height. The largest of the targets is the manufacturing space connected to the birch fibre line – with a length of 60 metres and height of 23 metres. Mechanical and automation installation work will start in the spring. At the moment, around 100 people are working across different project sites.<br><br>The UPM Kymi investment will create jobs both during the project and after completion to the whole operational area including harvesting and transportation. The most significant construction contract partners are businesses located in the northern part of the Kymenlaakso region. The largest number of people working on the project will be reached in the autumn, during a shutdown and commissioning in October. <br><br>The previous extension of the Kymi pulp mill, worth EUR 160 million, was completed in autumn 2015, when a new debarking plant and a new pulp drying machine were commissioned.<br><br>Photos from the Kymi mill and the project site in <a title="UPM's image bank" href="http&#58;//upm.emmi.fi/l/zpxL_8LZwtcJ" target="_blank">UPM’s image bank »</a><br><br>Link to UPM’s announcement on the Kymi investment 4 July 2016&#58; <a href="http&#58;//www.upmpulp.com/pulp-and-paper-news/all-news/Pages/UPM-invests-in-its-Kymi-mill-to-strengthen-its-position-in-the-global-pulp-market.aspx">UPM invests in its Kymi mill to strengthen its position in the global pulp market </a><br><br>For further information, please contact&#58;&#160;<br> <strong>Tero Pöllänen</strong>, Project Manager, UPM Kymi-870 project, tel. +358 40 519 1569, <a href="mailto&#58;tero.pollanen@upm.com">tero.pollanen@upm.com</a><br><strong>Markku Laaksonen</strong>, General Manager, UPM Kymi, tel. +358 400 754 649, <a href="mailto&#58;markku.o.laaksonen@upm.com">markku.o.laaksonen@upm.com</a><br><br> <br><strong>UPM</strong><br> Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br><br><strong>UPM Pulp</strong><br> UPM is one of the world's leading producers of northern softwood, birch and eucalyptus pulp. We supply global customers in end use segments such as tissue, specialty, printing and writing papers, and board, through our own sales and technical service network close to customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay, as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people. The annual pulp production capacity is 3.6 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. <a href="http&#58;//www.upmpulp.com/">www.upmpulp.com</a><br><br><strong>UPM Kymi</strong><br> UPM Kymi is a modern and environmentally efficient mill integrate producing pulp, paper and energy. Kymi produces bleached softwood and hardwood kraft pulp as well as coated and uncoated fine paper. UPM Kymi employs about 700 people and is located in south-east Finland in Kouvola. www.upmpulp.com &gt; About us &gt; Pulp mills &gt; Kymi, <a href="http&#58;//www.upmkymi.fi/">www.upmkymi.fi</a><br><br> ​</p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM’s Future Professional apprenticeship training begins again at UPM Kymi and Kaukas millsk0084452017-03-06T15:00:00Z<p>​UPM’s second Future Professional apprenticeship programme began on 6 March with a two-day training period at Vierumäki Resort in Finland. The two-year training programme was applied to by 1,028 applicants, 27 of which were chosen for the programme. Out of these, 17 will carry out their training at UPM Kymi pulp and paper mills and 10 at UPM Kaukas pulp mill.<br><br>The Future Professional apprenticeship programme is designed to produce versatile, capable professionals for the pulp and paper industries. Completing the programme will enable working in both process and maintenance duties at UPM pulp and paper mills. The two-year trainee programme aims at a vocational degree in paper industry.<br><br>The previous programme, which started in 2014, ended in the spring of 2016. The training, tailored specifically to UPM’s needs, and further, to the needs of UPM Kymi and UPM Kaukas mills, has been found to be a well-functioning way to find committed and skilled new employees.<br><br>”Our experiences from the apprenticeship trainee programmes are very positive. 95 per cent of those who have participated so far have since been permanently employed by UPM. During the last couple of years altogether 84 persons have been trained at Kymi and Kaukas. This figure also includes the trainees of the Kaukas swmill and the Future Supervisor programme whereas altogether 75 people have been trained at the pulp and paper mills. Again this year we emphasised the motivation of the applicant for both work and constant development,” describes <strong>Hans Nyström</strong>, Labour Relations Manager at UPM Kaukas.<br><br>The training is apprenticeship-based and is carried out in collaboration with Saimaa Vocational College Sampo. The persons chosen for the training already have a vocational upper secondary education for example in the field of electrical technology, automation technology, machine technology, automotive technology or process technology.<br><br>The two-year training programme mainly consists of practical training at work but also includes classroom training. Practical training is emphasised as classroom training only takes up a month each year. UPM offers versatile working opportunities and the chance for effective development in the fields crucial to future professionals in the forest industry.<br> <br>“One of our most important goals is transferring know-how and experience to a new generation. Many experienced professionals are retiring from the industry in the coming years. We want to be well prepared for the growing need for new personnel. After the training is over UPM wishes to offer the applicants a permanent position at UPM,” says Hans Nyström.<br><br>UPM Kymi and Kaukas mills have plans to continue to organising similar training programmes in the future.<br><br><strong>For more information please contact</strong>&#58;<br>Labour Relations Manager <strong>Hans Nyström</strong>, UPM Kaukas, tel. +358 40 705 6477<br>Labour Relations Manager <strong>Seppo Mäkinen</strong>, UPM Kymi, tel. +358 40 080 1847<br>HR Manager <strong>Kai Latvala</strong>, UPM Kymi and Kaukas, tel. +358 40 589 9508 (Available on 6th March 2017 from 9&#58;00 to 9&#58;30 hrs and after 14&#58;30 hrs.)<br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM Annual Report 2016 publishedk0084452017-02-28T09:00:00Z<p>UPM's Annual Report 2016 has been published online at <a href="http&#58;//www.upm.com/">www.upm.com</a>&#160;and <a href="http&#58;//www.upm.fi/">www.upm.fi</a>. The Annual Report including the company's Financial Statements and the Report of the Board of Directors for the period 1 January - 31 December 2016 is available in English and Finnish as a PDF file on the corporate website.&#160;<a title="UPM Annual report 2016" href="https&#58;//user-fudicvo.cld.bz/UPM-Annual-Report-2016#" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0066cc">UPM Annual report 2016</font></span></a><br> <br>UPM has also published its Corporate Governance Statement 2016 and the Remuneration Statement dated 28 February 2017 on the corporate website in the Investors section under Governance (<span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="http&#58;//www.upm.com/governance" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">www.upm.com/governance</font></span></a></span></span>). The statements are available as PDF files in English and in Finnish and can be downloaded. The Annual Report and the statements are also attached to this release.<br> <br>UPM's Annual Report illustrates the essential information influencing UPM's long term success. Separate responsibility report is not published, but all information is integrated into one, third-party assured entirety. In the 2016 Annual Report, UPM highlights the results of the company transformation and reports how UPM creates economic, social and environmental value from its operations.<br> <br>The printed Annual Report will be published on the week beginning on 13 March. The printed report can be ordered via e-mail at <a href="mailto&#58;info@upm.com">info@upm.com</a>.<br>&#160;<br> <br><a href="http&#58;//hugin.info/165629/R/2081401/784910.pdf"><span style="text-decoration&#58;underline;">UPM Annual Report 2016</span></a><br> <a href="http&#58;//hugin.info/165629/R/2081401/784911.pdf"><span style="text-decoration&#58;underline;">Corporate Governance Statement 2016</span></a><br> <a href="http&#58;//hugin.info/165629/R/2081401/784912.pdf"><span style="text-decoration&#58;underline;">Remuneration Statement 28 February 2017</span></a><br> <br>UPM-Kymmene Corporation<br>Pirkko Harrela<br>Executive Vice President, Stakeholder Relations<br> <br><strong>UPM, Media Relations </strong><br>Mon-Fri 9&#58;00-16&#58;00 EET<br>tel. +358 40 588 3284<br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br><br><span lang="EN-GB" style="text-decoration&#58;underline;">Follow UPM on</span> <a href="https&#58;//twitter.com/UPM_News"><span lang="EN-GB" style="text-decoration&#58;underline;">Twitter</span></a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene"><span lang="EN-GB" style="text-decoration&#58;underline;">LinkedIn</span></a> | <a href="https&#58;//www.facebook.com/UPMGlobal"><span lang="EN-GB" style="text-decoration&#58;underline;">Facebook</span></a> | <a href="https&#58;//www.youtube.com/user/upmdotcom"><span lang="EN-GB" style="text-decoration&#58;underline;">YouTube</span></a> | <a href="https&#58;//www.instagram.com/upmbiofore/"><span lang="EN-GB" style="text-decoration&#58;underline;">Instagram</span></a> | <a href="https&#58;//www.upmbiofore.com/"><span lang="EN-GB" style="text-decoration&#58;underline;">upmbiofore.com</span></a><br>&#160;<br><br><br><br><br><br><br>&#160;</p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
Lajos Forster is UPM Pulp’s new Marketing Directork0084452017-01-12T12:00:00Z<p>UPM Pulp continues to develop its business and we are pleased to announce the latest news.<br> <br><strong>Lajos Forster</strong> has been appointed Marketing Director as of 1 April 2017. He will continue in his current position as Sales Director, Europe, until the end of March. <br><br><img src="/PublishingImages/portraits/lajos-forster-upm-pulp-appointment.jpg" alt="" style="margin&#58;5px 0px;" /><br> <em>Lajos Forster</em><br><br>“We have already started the search for a new Sales Director for Europe and will keep you informed on developments,” says <strong>Tomas Wiklund</strong>, Vice President, Sales and Marketing, UPM Pulp.<br><br>“I’m happy that Lajos has accepted the challenge of the new role in our team. As Marketing Director he will have a strong focus on developing our business and customer interaction.”<br> <br>Lajos Forster joined UPM in 2012 and has since been responsible for UPM’s pulp sales in Europe as well as development of the European sales team.​<br></p>GP0|#dbad3779-2074-48a0-bba1-0eb989e7b754;L0|#0dbad3779-2074-48a0-bba1-0eb989e7b754|Other news;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM biodiversity programme receives an honourable mention from FIBSk0084452016-12-13T09:00:00Z<p>(UPM, 13 December 2016 at 14&#58;30 EET) - The UPM biodiversity programme received an honourable mention in the 2016 corporate biodiversity awards by Finland's leading corporate responsibility network FIBS. The six finalists presented their proposals to a judging panel and audience in a pitching event.<br> <br>&quot;The UPM biodiversity programme has complex and extensive effects on biodiversity both in Finland and abroad. The programme contains numerous innovative experiments and solutions, and it is a frontrunner in the preservation and maintaining of biodiversity, as well as communicating about this at a national and international level,&quot; says <strong>Lauri Kivekäs</strong>, chairman of the jury.<br> <br>UPM created its strategic biodiversity programme 20 years ago. The aim of the programme is to incorporate forest biodiversity and its key requirements into the modern forest industry. <br> <br>&quot;The results of our work are encouraging. According to studies and monitoring programmes, we are focusing on the correct actions. Protecting valuable habitats and increasing the amount of deadwood and diversity of tree species are key,&quot; says <strong>Timo Lehesvirta</strong>, Director, Forest Global. Lehesvirta is also one of the programme's founders.<br> <br>Close collaboration with scientists and other stakeholders is an essential part of the programme, and has paved the way for a new operating culture in the industry. <br> <br>&quot;Collaboration with different parties has brought in new perspectives and motivated our employees to change their ways of working and share new practices with our forest owner clients,&quot; Lehesvirta says.<br> <br>&quot;We monitor the programme's results closely and use them to further develop our operations,&quot; he continues.<br> <br>The UPM forest biodiversity programme is based on treating biodiversity as part of forest management, carrying out joint projects with stakeholders and preserving valuable forest land. <br> <br>On 22 November, FIBS also gave UPM an award for its biodiversity reporting included in the company's 2015 Annual Report.<br> <br> <br><strong>For further information, please contact</strong>&#58;<br><strong>Timo Lehesvirta</strong>, Director, Forest Global, tel. +358 400 752 212<br> <br> <br><strong>Read more</strong>&#58; <br><a href="https&#58;//www.upmbiofore.com/biodiversity-visible-in-commercial-forests/"><span lang="EN-GB" style="text-decoration&#58;underline;">Biodiversity visible in commercial forests</span></a>&#160;<br><a href="http&#58;//www.upm.com/responsibility/forests/biodiversity/pages/default.aspx"><span lang="EN-GB" style="text-decoration&#58;underline;">UPM Biodiversity Programme</span></a> <br> <br><strong>See also video</strong>&#58;&#160;<span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//www.youtube.com/watch?v=5XtenFhHSvA" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">Forests enrich your life</font></span></a></span></span><br> <br><br><strong>UPM </strong>leads the way in reforming bio and forest industries. We are building a sustainable future in six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br> <br>Follow UPM on&#160;<span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//twitter.com/UPM_News" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">Twitter</font></span></a></span></span><strong><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> |</font></span></strong><span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> </font><a href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">LinkedIn</font></span></a><font color="#000000"> </font><strong><font color="#000000">|</font></strong></span></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><font color="#000000"> </font></span><span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//www.facebook.com/UPMGlobal" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">Facebook</font></span></a><font color="#000000"> </font><strong><font color="#000000">|</font></strong></span></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><font color="#000000"> </font></span><span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">YouTube</font></span></a><font color="#000000"> </font><strong><font color="#000000">|</font></strong></span></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><font color="#000000"> </font></span><span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//www.instagram.com/upmbiofore/" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">Instagram</font></span></a><font color="#000000"> </font><strong><font color="#000000">|</font></strong></span></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><font color="#000000"> </font></span><span class="hs11"><span lang="EN-GB" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><a href="https&#58;//www.upmbiofore.com/" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0000ff">upmbiofore.com</font></span></a></span></span><br> <br><strong>FIBS</strong> is Finland's leading corporate responsibility network. It currently has nearly 300 members, both companies and communities, from all industries. FIBS helps companies make better business&#58; it provides information on new innovative ways to develop business and offers unique networking opportunities with companies from different sectors as well as with other organisations. <a href="http&#58;//www.fibsry.fi/fi/english/home">http&#58;//www.fibsry.fi/fi/english/home</a> ​<br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM receives recognition for its efforts of deforestation-free supply chainsVinod Nair, Accenture2016-12-05T07:00:00Z<p>(UPM, Helsinki, 5 December 2016 at 09&#58;00 EET) – UPM is one of the eight companies that have been recognised by the CDP Forest Program with a global leadership position in the 2016 Forest A List for timber and timber based products. The A List features companies that are on a path to sustainably source or produce timber commodities.<br> <br><img src="/PublishingImages/cdp-we-are-one-of-8-companies-forest-a-list-570px.jpg" alt="" style="margin&#58;5px 5px 5px 0px;" /><br> <br>“UPM is committed to forest management and forest harvesting practices based on the internationally accepted principles of sustainable forest management”, says <strong>Sami Lundgren</strong>, Vice President, Environment and Responsibility. <br> <br>“Our objective is to create long-term profitable business in an ethical and responsible manner, taking into account economic, human and social, as well as environmental matters. We consider forest certification to be an excellent tool for promoting sustainable forestry. Today 84% of the wood we use is certified and our target is to grow the percentage up to 100% by the year 2030,” says Lundgren.<br> <br>“The business case for breaking the link between deforestation and the production of forest-risk commodities has never been stronger. We congratulate those businesses that have achieved a position in CDP’s Forest A List for timber. These companies are responding to market demand for environmental accountability and at the same time are making progress towards achieving deforestation-free supply chains. This will not only protect forests, but will help influence market behaviour towards a more sustainable economy,” says <strong>Katie McCoy</strong>, head of forests at CDP.<br> <br>UPM has always taken care of the vitality and regeneration of forests. Furthermore, the company has had for over two decades its own biodiversity programme, which is fully integrated into company’s forest management practices. Specific species projects and case studies in the programme develop forestry methods to meet the needs of single species and creates a new working culture in collaboration with stakeholders. UPM also promotes voluntary-based nature conservation, and protected areas are part of the biodiversity programme solutions. <br> <br>“We are pleased that also our efforts on enhancing biodiversity have just recently received recognition. FIBS, the leading non-profit corporate responsibility network in Finland, awarded us for biodiversity reporting in the company’s annual report 2015 and on the related webpages,” concludes Sami Lundgren. Read more on <a href="http&#58;//www.upmbiofore.com/">www.upmbiofore.com</a>.<br> <br>TheCDP’s report examines what steps companies are taking to protect their supply chains and bottom-lines against deforestation-related risks. It has been produced at the request of 365 investors with US$22 trillion in assets by CDP, who request data from large corporations on their efforts to mitigate deforestation risks. <br> <br>Link to report&#58;&#160;<a href="https&#58;//www.cdp.net/en/reports/downloads/1328"><span lang="EN-GB" style="text-decoration&#58;underline;"><strong>Revenue at risk&#58; Why addressing deforestation is critical to business success</strong></span></a>.<br> <br>For further information please contact&#58;<br><strong>Sami Lundgren</strong>, Vice President, UPM, Environment &amp; Responsibility, tel. +358 40 580 0910<br> <br> <br><strong>UPM, Media Relations </strong><br>Mon-Fri 9&#58;00-16&#58;00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br><br><span lang="EN-GB" style="text-decoration&#58;underline;">Follow UPM on</span> <a href="https&#58;//twitter.com/UPM_News"><span lang="EN-GB" style="text-decoration&#58;underline;">Twitter</span></a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene"><span lang="EN-GB" style="text-decoration&#58;underline;">LinkedIn</span></a> | <a href="https&#58;//www.facebook.com/UPMGlobal"><span lang="EN-GB" style="text-decoration&#58;underline;">Facebook</span></a> | <a href="https&#58;//www.youtube.com/user/upmdotcom"><span lang="EN-GB" style="text-decoration&#58;underline;">YouTube</span></a> | <a href="https&#58;//www.instagram.com/upmbiofore/"><span lang="EN-GB" style="text-decoration&#58;underline;">Instagram</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>| <a href="https&#58;//www.upmbiofore.com/"><span lang="EN-GB" style="text-decoration&#58;underline;">upmbiofore.com</span></a><br> <br><strong><br>CDP</strong>, formerly Carbon Disclosure Project, is an international, not-for-profit organization providing the global system for companies, cities, states and regions to measure, disclose, manage and share vital information on their environmental performance. CDP, voted number one climate&#160;<span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a href="https&#58;//www.cdp.net/en/investor/sector-research"><span style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">research</font></span></span></a></span> provider by investors, works with 827 institutional investors with assets of US$100 trillion and 89 purchasing organizations with a combined annual spend of over US$2.7 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDPis a founding member of the We Mean Business coalition. Please visit&#160;<span lang="EN-GB" style="color&#58;#0260bf;font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;">www.cdp.net/ </span> or follow us&#160;<span lang="EN-GB" style="color&#58;#0260bf;font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;">@CDP </span> to find out more. <br><br> </p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM and Yara to co-develop recycled fertilisersk0084452016-11-10T16:00:00Z<p>​(UPM, 10 November 2016 at 10&#58;00 EET) - Raki2, a nutrient recycling programme from the Finnish Ministry of the Environment, has granted funding for a joint project established by UPM together with the fertiliser and crop nutrition expert Yara Suomi Oy to develop nutrient recycling. Funding has been granted for the years 2017–2018.<br><br><img src="/PublishingImages/upm-and-yara-news.jpg" alt="" style="margin&#58;5px;" /><br><em>The efficiency of recycled fertilisers and the need for their supplementation by mineral fertilisers are studied in the field trials at Kotkaniemi Research Station.</em><br><br>&quot;The project by UPM and Yara Suomi is a concrete initiative to develop and test fertilisers with clear-cut targets&quot;, says Senior Officer <strong>Anni Karhunen</strong> from the Ministry of the Environment. <br>&quot;I am particularly happy that, for the first time, someone is really looking into the possibilities of reusing nutrients in the side streams of the forest industry. The projects that were chosen for the Raki funding once again include many different companies, so I am confident it will also lead to new business development&quot;, she continues.<br><br>&quot;The joint project by UPM and Yara concentrates on the possibilities for the agricultural reuse of nutrients retrieved from the sludge originating from the pulp and paper mill's effluent treatment plants and the ash from the incineration process&quot;, says <strong>Esa Laurinsilta</strong>, Director of Strategic Partnerships at UPM.<br><br>&quot;Together with UPM's R&amp;D team, we are developing a nutrient solution that contains the correct ratio of recycled and mineral nutrients&quot;, says <strong>Timo Räsänen</strong>, Commercial Director at Yara Suomi. The research and development is carried out in UPM's Research Centre in Lappeenranta and Yara's Kotkaniemi Research Station in Vihti. &quot;Recycled fertilisers do not automatically contain the correct amount of nutrients, so they need to be supplemented by mineral fertilisers that the plants can utilise without difficulties. This ensures that all nutrients move to the plants during the growing season and do not remain in the fields to then be washed up to waterways&quot;, Timo Räsänen continues.<br> <br>&quot;The two companies have a shared goal to develop an efficient, industrial-scale nutrient solution including recycled fertiliser that can be used to help produce clean domestic food profitably and with minimum environmental emissions. The joint project is a great example of circular economy, resource efficiency and industrial collaboration&quot;, conclude Laurinsilta and Räsänen.<br><br>One of the targets of the Finnish Government Programme is to increase the profitability of food production without compromising environmental protection and to make Finland a model of nutrient recycling. The second phase of the Raki programme was launched as part of Prime Minister Sipilä's Government's key project Breakthrough of a circular economy, getting waters into good condition, which aims to also utilise circular economy to promote the good ecological state of the Baltic Sea and to improve nutrient recycling.<br><br>Finding new methods for reusing sludge is part of the side-streams research programme at UPM's R&amp;D. The results are also used in UPM's &quot;Zero Solid Waste&quot; initiative. Read more at <a href="http&#58;//www.upmbiofore.com/">www.upmbiofore.com</a>.<br><br><strong>For further information, please contact</strong>&#58;<br><strong>Esa Laurinsilta</strong>, Manager, UPM, Strategic Partnerships, tel. +358 40 821 0350<br><strong>Timo Räsänen</strong>, Commercial Director, Yara Suomi Oy, tel. +358 50 337 4514<br><br><br><strong>UPM, Media Relations </strong><br>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA (Europe and North America) and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br>&#160;<br>Follow UPM on&#160;<a href="https&#58;//twitter.com/UPM_News"><span lang="EN-GB" style="text-decoration&#58;underline;">Twitter</span></a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene"><span lang="EN-GB" style="text-decoration&#58;underline;">LinkedIn</span></a> | <a href="https&#58;//www.facebook.com/UPMGlobal"><span lang="EN-GB" style="text-decoration&#58;underline;">Facebook</span></a> | <a href="https&#58;//www.youtube.com/user/upmdotcom"><span lang="EN-GB" style="text-decoration&#58;underline;">YouTube</span></a> | <a href="https&#58;//www.instagram.com/upmbiofore/"><span lang="EN-GB" style="text-decoration&#58;underline;">Instagram</span></a> | <a href="https&#58;//www.upmbiofore.com/"><span lang="EN-GB" style="text-decoration&#58;underline;">upmbiofore.com</span></a><br> <br><strong>About Yara</strong><br>Yara's knowledge, products and solutions grow farmers' and industrial customers' businesses profitably and responsibly, while protecting the earth's resources, food and environment.<br> <br>Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. <br><br>Founded in 1905 to solve emerging famine in Europe, today, Yara has a worldwide presence, with more than 12,000 employees and sales to more than 150 countries. In Finland Yara has three production sites and 900 employees. We foster a culture that promotes the safety of our employees, contractors and societies. <br><br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
Damaged pressure vessel caused dangerous situation at UPM Kaukas pulp millSusam Sarkar, Accenture2016-10-28T08:20:00Z<p>​(UPM, Lappeenranta, 28 October 2016 at 11&#58;20 EET) – A dangerous situation occurred at the UPM Kaukas pulp mill in Lappeenranta, Finland, late Thursday, 27 October, 2016 when damaged post-digester on the sawdust cooking line resulted in an uncontrollable pressure pulse on the mill floor. <br> <br>There are three cooking lines at the Kaukas pulp mill&#58; conifer and birch cooking lines and a separate, smaller cooking line for sawdust. Pulp cooking takes place under high pressure and at high temperatures. According to General Manager <strong>Teuvo Solismaa</strong>, the incident did not involve an explosion, but damaged pressure vessel resulted in a pressure pulse on the mill floor that caused material damage. The pressure vessel was inspected in 2015 and no defects were found. The wall thickness of the post-digester was also inspected and found to comply with standards. <br> <br>“The incident had no environmental impacts and the area was quickly restricted. Pulp and cooking chemicals leaked onto the mill floor, from where they continued their normal route to the wastewater treatment plant,” explains <strong>Minna Maunus-Tiihonen</strong>, Environmental Manager at UPM Kaukas.<br> <br>The incident will be treated as a potentially serious dangerous situation. “The important thing is that there were no injuries to personnel or any environmental damage. We don’t know the reason for the incident yet but it will be investigated in compliance with the requirements of the Finnish Safety and Chemicals Agency (Tukes),” says Teuvo Solismaa.<br> <br>Currently the sawdust cooking line is non-operational and the area is being cleaned. It is too soon to tell how long its operation will be suspended. “Sawdust cooking is a minor part of our pulp production. The pulp mill is otherwise operating normally so the incident has only a minor impact on our overall pulp production,” says Solismaa.<br> <br><strong>More information</strong>&#58;<br><strong>Teuvo Solismaa</strong>, General Manager, UPM Kaukas, +358 40 7411 380, <a href="mailto&#58;teuvo.solimaa@upm.com">teuvo.solimaa@upm.com</a><br><br> </p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM receives acknowledgement for its climate actions Susam Sarkar, Accenture2016-10-25T11:00:00Z<p><img src="/PublishingImages/cdp-climate-a-list-company-2016-570px.jpg" alt="" style="margin&#58;5px;" /><br><br>​(UPM, Helsinki, 25 October 2016 at 14&#58;00 EET) - UPM has been included in the CDP Climate A List. UPM is featured in the CDP’s climate change program for the eight years in a row for its climate actions and transparent climate reporting. <br><br>UPM's Biofore strategy meets the challenges set by climate change on many levels&#58; it promotes sustainable forestry, resource efficient production and the manufacturing of recyclable products that are based on renewable raw materials.<br><br>“Apart from actions, also the quality of reporting matters. Investors and other important stakeholders use our public data to evaluate how well we tackle global climate challenges and changes in market conditions and comply with related regulations”, says <strong>Sami Lundgren</strong>, Vice President, Environment &amp; Responsibility.<br><br>“We are committed to the continuous improvement of our operations and are regularly monitoring the achievement of our climate-related targets. And verified reporting proves the reliability of provided data”, Sami Lundgren tells. <br><br><strong>Towards better climate performance through concrete actions and 2030 climate targets </strong><br><br>UPM updated its 2030 responsibility targets in 2015. The new targets were influenced not only by the company's Biofore strategy but also by the UN’s Sustainable Development Goals (SDGs). UPM's climate targets for 2030 include reducing the fossil carbon dioxide emissions from own combustion and purchased electricity by 30% as well as reducing acidifying flue gases by 20%. One of UPM's continuous targets is to maximise the business benefits of greenhouse gas claims, which aims to reduce greenhouse gas emissions.<br><br>“We are determined to work towards these targets in many ways”, Sami Lundgren continues. “One example is the UPM Shotton paper mill in the UK, where UPM has invested in a condensing turbine power plant. The plant turns excess low-pressure steam into renewable energy. Another example is the Otepää plywood mill in Estonia, where the construction of a new biomass power plant was completed this year. The new plant will replace an older plant running partly on oil,” Sami Lundgren lists.<br><br>“We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await,” says CDP’s chief executive officer <strong>Paul Simpson</strong>.<br><br>Learn more about UPM's climate strategy and about the role UPM's wood-based renewable diesel UPM BioVerno plays in promoting the UN SDG 13 (Climate Action). <a href="https&#58;//www.upmbiofore.com/actions-and-transparent-reporting-grant-upm-a-place-on-the-cdp-climate-a-list/"><span style="text-decoration&#58;underline;"><font color="#0066cc">www.upmbiofore.com</font></span></a>.<br><br>The Climate A List, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website, <a title="www.cdp.net/en" href="https&#58;//www.cdp.net/en" target="_blank"><span style="text-decoration&#58;underline;"><font color="#0066cc">https&#58;//www.cdp.net/en</font></span></a>.<br><br><br><strong>For further information please contact</strong>&#58; <br><strong>Sami Lundgren</strong>, Vice President, UPM, Environment &amp; Responsibility, tel. +358 40 580 0910<br><br><strong>UPM, Media Relations </strong><br>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com"><span style="text-decoration&#58;underline;"><font color="#0066cc">media@upm.com</font></span></a><br><br><br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA (Europe and North America) and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – <a href="http&#58;//www.upm.com/"><span style="text-decoration&#58;underline;"><font color="#0066cc">www.upm.com</font></span></a><br><br><br>Follow UPM on <span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="Twitter" href="https&#58;//twitter.com/UPM_News"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">Twitter</font></span></span></a></span><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> | </font></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="LinkedIn" href="https&#58;//www.linkedin.com/company/upm-kymmene"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">LinkedIn</font></span></span></a></span><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> | </font></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="Facebook" href="https&#58;//www.facebook.com/UPMGlobal"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">Facebook</font></span></span></a></span><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> | </font></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="YouTube" href="https&#58;//www.youtube.com/user/upmdotcom"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">YouTube</font></span></span></a></span><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000"> | </font></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="Instagram" href="https&#58;//www.instagram.com/upmbiofore/"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">Instagram</font></span></span></a></span><span class="MsoHyperlink"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff"> </font></span></span></span><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><font color="#000000">| </font></span><span lang="EN-GB" style="font-family&#58;&quot;times new roman&quot;,serif;font-size&#58;12pt;"><a title="www.biofore.com" href="https&#58;//www.upmbiofore.com/"><span lang="EN-US" style="font-family&#58;&quot;arial&quot;,sans-serif;font-size&#58;10pt;"><span style="text-decoration&#58;underline;"><font color="#0000ff">upmbiofore.com</font></span></span></a><br></span></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
Fibre United will expand to Korea in 2017Susam Sarkar, Accenture2016-10-03T13:00:00Z<p>​(3 October 2016) - UPM Pulp and Canfor Pulp’s sales and marketing cooperation Fibre United will expand to Korea, where both companies already are present. <br> <br>Starting in January 2017, under the leadership of <strong>Jackie Yoo</strong>, President Canfor Korea Ltd, the Canfor Korea office will represent and co-market UPM pulps in Korea, thereby including the world’s 5th largest pulp market in the Fibre United cooperation.<br> <br>Fibre United was launched in 2014, and ever since, UPM’s Pulp sales network has represented and co-marketed Canfor Pulp in Europe and China, while Canfor Pulp’s sales network has done the same for UPM Pulp in North America and Japan. <br> <br>“Fibre United has developed smoothly into a successful cooperation that provides customers with an enhanced product offering through a direct-to-market sales approach and proactive technical support from two internationally recognised companies. This expansion tells about our commitment and desire to continuously develop Fibre United operations further”, says <strong>Tomas </strong><strong>Wiklund</strong>, Vice President, Sales and Marketing, UPM Pulp.<br> <br>UPM Pulp operates four world class modern pulp mills – three in Finland and one in Uruguay – producing Northern Bleached Softwood Kraft, Northern Bleached Birch Kraft and Bleached Eucalyptus Kraft with a combined annual production capacity of 3.5 million tonnes. UPM Pulp employs altogether 1,500 people and has sales and technical customer service teams located in our main markets in Mannheim, Germany, and Shanghai, China, which team also serves our Korean customers.<br> <br>Canfor Pulp operates three world class modern pulp mills in Prince George BC producing 1.1 million tonnes annually of Premium Reinforcing NBSK and Specialty UBK Pulps. Canfor Pulp also produces 210,000 tonnes per year of Bleached Chemical Thermo Mechanical Pulp from the Canfor Pulp Taylor mill in Taylor BC. Pulp sales are supported through Canfor Pulp Innovation who provides superior technical service.<br><br> </p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM retains the industry leader position in the Dow Jones Sustainability Europe Index for the fifth time in a rowSusam Sarkar, Accenture2016-09-08T06:00:00Z<p>(UPM, Helsinki, 8 September 2016 at 09.00 EET) – UPM has been listed as the forest and paper industry leader in the Dow Jones Sustainability Europe Index (DJSI) for 2016 - 2017.&#160;<br> <br>“We believe that customers, investors and other stakeholders value our responsible operations that keep risks under control and create business opportunities. Innovations such as lighter publication paper grades, renewable diesel or biochemicals e.g. for medical end-uses create benefits to our stakeholders and the society, and thereby increase the company value. Being listed as the top company in the Dow Jones Sustainability Index in Europe shows that we have been succeeding in our actions and engagement and that the results are also noted outside”, says <strong>Pirkko Harrela</strong>, Executive Vice President, Stakeholder Relations. <br> <br>The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics. <br><br><strong>For further information please contact</strong>&#58;<br><strong>Sami Lundgren</strong>, Vice President, UPM, Environment and Responsibility, tel. +358 40 580 0910<br> <br><strong>UPM, Media Relations </strong><br>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br> <br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA (Europe and North America) and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com<br> <br>Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | <a href="http&#58;//www.upmbiofore.com/">www.upmbiofore.com</a>​<br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM considers alternatives for long term development in Uruguay - Logistics infrastructure key challenge for the future Susam Sarkar, Accenture2016-07-14T15:45:00Z<p>(UPM, Montevideo, 13 July 2016 at 18&#58;45 GMT-3&#58;00, 14 July at 00&#58;45 EET) - UPM will commence discussions with the Government of Uruguay on the development of logistics infrastructure. Discussions will include railroad and roads, which currently are a critical challenge to establish large scale industrial operation in the Uruguayan inland and to connect it to a deep sea port. <br><br>&quot;Uruguay could accommodate a third state-of-art pulp mill with proven environmental performance, if the logistics infrastructure would be rebuilt to support large scale export-oriented businesses. If these challenges can be solved in the coming few years, Uruguay could be a competitive alternative for addressing UPM's pulp market opportunities in the 2020's,&quot; says <strong>Jaakko Sarantola</strong>, UPM's Senior Vice President, Uruguay Development.<br><br>UPM estimates that healthy fibre demand growth will continue in the long term. By end of 2020's the world demand for chemical pulp is expected to grow by approximately 20 million tonnes. Some 24 million tonnes of capacity has been closed during the last 15 years and UPM expects the closures to continue at similar pace creating opportunity for new, more competitive capacity.<br>&quot;In a short period of time Uruguay has created necessary conditions and successfully developed its pulp industry into an export business that has generated positive impacts to the country in many ways. UPM has been part of Uruguayan development for 25 years. We have consistently increased our plantation base in Uruguay and we are well-prepared to supply the wood for the third pulp mill in Uruguay.&quot;<br><br>&quot;UPM has developed competencies both in plantation and industrial operations as well as in environmental and social responsibility. Our operations in Uruguay have been leading in environmental performance and sustainability. This will continue being UPM's focus and commitment in all future operations as well.&quot;<br><br>&quot;We assess alternative growth prospects in different parts of the world. This prospective opportunity in Uruguay is well in line with our multifibre growth strategy. UPM is one of the few operators in the pulp market supplying both long and short fibre pulps for a broad range of customer sectors. The future capacity, along with UPM's current four world-class pulp mills, could serve customers in growing consumer and industrial end-uses like tissue, packaging and specialty papers and boards&quot;, concludes Sarantola.<br><br><strong>For more information, please contact&#58;</strong><br><br>Burson Marsteller Montevideo (+598) 2623 28 70<br><br><strong>UPM, Media Relations<br><br></strong>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br><strong>UPM<br><br></strong>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a><br><br>Follow UPM on <a href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com​</a></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM invests in its Kymi mill to strengthen its position in the global pulp marketSusam Sarkar, Accenture2016-07-04T10:00:00Z<p>(UPM, 4 July 2016 EET) – UPM invests EUR 98 million in Kymi pulp mill in Finland to further strengthen its position as a supplier of bleached chemical pulp for growing consumer and industrial end-use segments like tissue, specialty as well as packaging papers and board. <br> <br>“Over the past three years we have significantly improved the production efficiency of our pulp mills. This EUR 98 million investment in Kymi will strengthen our position on the pulp market with competitive costs and low risk. After the completion of this project, we will have increased our annual pulp production capacity altogether by over 500,000 tonnes since 2013,” says <strong>Heikki</strong> <strong>Vappula</strong>, Executive Vice President, UPM Biorefining. <br> <br>“After the successful start-up of the new pulp drying machine at the end of 2015, Kymi’s efficiency has been on a very good level and we identified potential for even further increases in production. Today’s announcement is yet another example of highly targeted investments that provide a good return, which we have implemented in all our three pulp mills in Finland – Pietarsaari, Kymi and Kaukas – and in the Fray Bentos mill in Uruguay,” says <strong>Anssi Klinga</strong>, Senior Vice President, UPM Pulp.<br> <br>Kymi’s annual pulp production capacity is expected to increase from the current 700,000 tonnes to 870,000 tonnes of bleached northern softwood and birch pulp by the end of 2017. Moreover, the new investment will further improve Kymi’s cost-competitiveness and environmental performance.<br> <br>The investment at Kymi mill will begin immediately, comprising upgrades in wood handling, the birch fibre line, recovery plant and effluent treatment. New machinery will be connected to the process during the next pulp mill shut-down planned for the autumn of 2017. <br> <br>In UPM’s Kaukas mill in Lappeenranta, Finland, assembly work on the currently ongoing EUR 50 million investment in pulp drying and baling will take place during a planned shutdown in the autumn, followed by start-up scheduled for the end of 2016. <br> <br>During the past few years UPM Pulp has established a strong position on the pulp market and developed a versatile and attractive pulp portfolio with an appealing service offering. UPM’s competitive and modern mills are in excellent shape and provide a perfect platform for further growth in cooperation with customers.<br> <br><strong>For more information, please contact&#58;<br></strong><br><strong>Anssi Klinga</strong>, Senior Vice President, Pulp Business, tel. +358 50 466 1470<br> <strong>Heikki Vappula</strong>, Executive Vice President, UPM Biorefining, tel. +358 400 912 908<br> <br><strong>Press conference today at Kymi mill</strong><br><br>UPM will hold a press conference today at Kymi mill in Kouvola, Finland. Address Selluntie 1, Kuusankoski, at 11&#58;00 EET. The event will be hosted by Anssi Klinga and Markku Laaksonen, General Manager, UPM Kymi. Contact&#58; Sari Hörkkö, UPM Pulp Communications, tel. +358 40 701 5901.<br>&#160;<br><strong>UPM, Media Relations </strong><br>tel. +35840 588 3284 <br>media@upm.com<br>&#160;<br><a href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a></p><p><a href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a></p><p><a href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – <a href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p><p><strong>UPM Pulp </strong><br>UPM is one of the world's leading producers of northern softwood, birch and eucalyptus pulp. We supply global customers in end use segments such as tissue, specialty, and packaging as well as printing and writing papers, and board, through our own sales and technical service network close to customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay, as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people. The annual pulp production capacity is 3.5 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. <a href="/" target="_blank">www.upmpulp.com</a></p><p><strong>UPM Kymi </strong><br>UPM Kymi is a modern and environmentally efficient mill integrate producing pulp, paper and energy. Kymi produces bleached softwood and hardwood kraft pulp as well as coated and uncoated fine paper. UPM Kymi employs about 700 people and is located in south-east Finland in Kouvola. <a href="http&#58;//www.upmkymi.fi/" target="_blank">www.upmkymi.fi</a>​</p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM celebrates 25 years of operations in Uruguay with a photo exhibitionSusam Sarkar, Accenture2016-06-01T11:45:00Z<p>(UPM, 1 June 2016 at 14&#58;45 EET) – UPM opens a photo exhibition on the 2 June at Bioforum, UPM’s showroom at the UPM Biofore House, to celebrate company’s special relationship with Uruguay. The Natural Commitment photo exhibition provides a cross-sectional overview of company's 25 years in Uruguay. The exhibition shows Andrés Bartet’s photographs from the UPM’s plantation operations and community engagement activities of the UPM Foundation. In addition, the exhibition offers glimpses into the Uruguayan countryside, its people, and their passionate relationship with the country's most popular sport football. The exhibition is staged in cooperation with the Embassy of Uruguay.<br> <br>UPM has played a major role in the development of the Uruguayan forest industry since the early 1990s. In addition to certified eucalyptus plantation operations the company produces pulp and energy in one of the world's most modern pulp mills in Fray Bentos. <br> <br>The UPM Foundation was established 10 years ago to promote education and entrepreneurship through joint work with social organisations and local representatives in Uruguay. The foundation’s mission is to bring together local stakeholders, communities and authorities, especially in the fields of education and training in the rural interior of the country. <br> <br>“UPM has been privileged to play a substantial role in the development of a successful and sustainable forest industry in Uruguay. Through our forestry, pulp production and related logistics chain we are deeply engaged with the Uruguayan society and will remain highly committed to supporting the positive development of the industry”, says <strong>Anssi Klinga</strong>, Senior Vice President, UPM Pulp<br> <br>“The establishment and operation of UPM in Uruguay has been a significant milestone in the development of the forestry industry in our country. It was the first major greenfield undertaking in the pulp sector, vertically integrated, environmentally sustainable, socially responsible and technologically advanced. I believe that UPM has found in Uruguay a country well suited for its business with the right natural conditions, a solid institutional framework, good governance and also a qualified and motivated working force”, states <strong>Pablo Sader</strong>, Ambassador of Uruguay.<br>&#160;<br>“Natural Commitment photo exhibition offers a unique and rare glimpse into a distant and beautiful country that UPM has a special relationship with. The photographs are more than documentation of UPM’s 25 years of operations in Uruguay. They show the beauty of rural Uruguay and its people, celebrating the positive developments we have achieved working together in the local communities”, says <strong>Elisa Nilsson</strong>, Vice President, Brand and Communications, UPM.<br> <br>Visit <a href="http&#58;//www.upmbiofore.fi/">www.upmbiofore.fi</a> to see opening dates and hours for the Uruguay photo exhibition.<br> <br> <br><strong>For further information please contact</strong>&#58;<br><strong>Elisa Nilsson</strong>, Vice President, UPMBrand and Communication, tel. +358 40 500 3150.<br> <br> <br><strong>UPM, Media Relations </strong><br>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a></p><p>&#160;<br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – <a href="http&#58;//www.upm.com/">www.upm.com</a><br><br>&#160;<br><strong>UPM Pulp</strong><br>UPM is one of the world’s leading producers of northern softwood, birch and eucalyptus pulp supplying global customers in many end use segments such as tissue, specialty papers, board, and printing and writing papers through its own sales and technical service network close to the customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people. The annual pulp production capacity is 3.5 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. To learn more, visit&#58; <a href="/">www.upmpulp.com</a><br><br>&#160;<br><strong>UPM in Uruguay</strong><br>UPM’s operations in Uruguay include the Fray Bentos pulp mill, the UPM Forestal Oriental forestry and wood sourcing company with its two nurseries, as well as the UPM Foundation.<br> <br><strong>UPM Forestal Oriental </strong>owns about 230,000 hectares of land, of which about 60% is planted with eucalyptus. The rest of the land is protected or used for forestry-related infrastructure, cattle grazing and other non-plantation operations. All of UPM's forest plantations are certified to FSC® and PEFCTM standards. <br> <br><strong>The Fray Bentos pulp mill</strong> started operations in 2007 and remains one of the world’s most modern and efficient pulp mills. Its annual production capacity is 1.3 million tonnes of chemical eucalyptus pulp. Besides pulp, the Fray Bentos mill is a significant biomass-based energy producer, its electricity production accounting 8% of Uruguay’s total energy production. The mill’s wood raw material comes from sustainably managed local plantations.<br> <br>Founded in 2006, the UPM Foundation works in coordination with local stakeholders to promote the development of rural communities through education, training and entrepreneurship, fostering a culture of safety and healthy living.<br> <br>UPM employs directly and indirectly altogether 7,000 in Uruguay jobs and its contribution to Uruguay’s GDP is1.4%.<br>&#160;<br>&#160;<br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
Corporate Knights ranks UPM on the 25th place in the list of 100 most sustainable corporations in the worldSusam Sarkar, Accenture2016-01-21T12:00:00Z<p>​(21 January 2016 at 14&#58;00 EET) - UPM has been ranked on the 25th place in the list of 100 most sustainable corporations by Corporate Knights, the Canadian-based media and research company. UPM is the only company in the Paper and Forest Products category.<br> <br>The Global 100 Index is determined using 12 quantitative sustainability indicators, including the amount of revenue that companies generate per unit of energy consumed, the ratio of CEO to average worker pay and percentage of taxes paid. Companies who make the Global 100 ranking are the top overall performers in terms of sustainability in their respective industrial sectors, selected from 4353 listed companies with a market capitalisation of over 2 billion USD on 1 October 2015.<br> <br>&quot;This is the first time that UPM has been ranked on this esteemed list, and we really appreciate reaching such a good position ,&quot; says <strong>Päivi Salpakivi-Salomaa</strong>, Vice President of Environment and Responsibility at UPM. <br> <br>&quot;For UPM, driving top performance is clearly linked to sustainability. Our vision is captured in one word Biofore. It means that UPM integrates the bio and forest industries and builds a new, sustainable and innovation-driven future. Versatile use of recyclable and renewable wood biomass, combined with innovation, efficiency and responsibility are at the core of UPM Biofore,&quot; Salpakivi-Salomaa continues. <br> <br>&quot;Global 100 companies demonstrate ambition and achievement on a broad spectrum of indicators. They are where people want to work, buy from and invest in over the long term,&quot; says <strong>Toby Heaps</strong>, CEO of Corporate Knights.<br> <br>For full rankings, please visit&#58; <a href="http&#58;//www.corporateknights.com/magazines/2016-global-100-issue/2016-global-100-results" target="_blank">http&#58;//www.corporateknights.com/magazines/2016-global-100-issue/2016-global-100-results <br><br></a><br><strong>For further information please contact</strong>&#58;<br>Päivi Salpakivi-Salomaa, Vice President, Environment and Responsibility, UPM, tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+358 2041 50396<a title="Call&#58; +358 2041 50396" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +358 2041 50396" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br><strong>Toby Heaps</strong>, CEO, Corporate Knights, tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+1 416 274 1432<a title="Call&#58; +1 416 274 1432" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +1 416 274 1432" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span>, toby@corporateknights.com<br> <br><strong>UPM, Media Relations </strong><br>09&#58;00-16&#58;00 EET<br>tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+358 40 588 3284<a title="Call&#58; +358 40 588 3284" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +358 40 588 3284" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span> <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><a href="http&#58;//www.twitter.com/UPM_News">www.twitter.com/UPM_News</a><br><a href="http&#58;//www.facebook.com/UPMGlobal">www.facebook.com/UPMGlobal</a><br><a href="http&#58;//www.linkedin.com/company/upm-kymmene">www.linkedin.com/company/upm-kymmene</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx
UPM celebrates inaugural opening of expanded Kymi pulp mill in Kuusankoski, FinlandSusam Sarkar, Accenture2016-01-12T13:00:00Z<p>​(12 January 2016 at 15&#58;00 EET) - UPM inaugurated its newly revamped Kymi pulp mill in Kuusankoski following a EUR 160 million investment in production expansion. Finland's Prime Minister <strong>Juha Sipilä</strong> officiated the proceedings by signing the charter together with UPM President and CEO <strong>Jussi Pesonen</strong>.<br><br><img src="/PublishingImages/kymi-inaugural-opening-pesonen-sipila-570px.jpg" alt="" style="margin&#58;5px;" /><br> <br>UPM invested in the Kymi pulp mill to strengthen its position in the growing end-use segments of the global pulp market. The investment marks a production capacity increase of 170,000 tonnes to 700,000 tonnes of bleached northern softwood and birch pulp annually.<br> <br>Prime Minister Sipilä stated in his speech that the project is the fruit of a vast store of knowledge that has been accumulated at Kymi mill during the past decades. The investment supports the Finnish Government's target of establishing Finland as a pioneer in the bioeconomy, circular economy and clean-tech solutions by 2025.<br> <br>&quot;The year 2015 demonstrated that the forest industry continues to play an important role in Finland. Our exports were boosted especially by pulp and paper. Kymi's example is a clear signal of the ongoing strong growth of the forest industry and bioeconomy,&quot; stated Sipilä.<br> <br>In his speech, Jussi Pesonen thanked the project team and all of the Kymi personnel, suppliers and partners for an excellent achievement.<br> <br>&quot;The construction of a competitive forest industry mill complex requires perseverance, and Kymi has maintained its competitiveness through operational efficiency and investments. In the past ten years, UPM has invested approximately EUR 550 million in the Kymi pulp mill and so far in the 21st century over EUR 900 million in total in the Kymi mill region,&quot; says Jussi Pesonen.<br> <br>Looking to the future competitiveness of the Finnish forest industry, Pesonen emphasised the significant impact of the operating environment and the role of the government. The government must keep its promise not to increase costs for the industry through political decisions. The labour market furthermore needs to be able to negotiate local agreements in order to ensure operational efficiency and delivery reliability to customers in varying demand situations. In addition, Pesonen highlighted the importance of an efficient wood supply chain and measures to ensure a stable wood supply from private forest owners.<br> <br><strong>A top-notch project in many respects</strong><br> <br>The Kymi expansion project was completed safely and on schedule alongside ongoing pulp and paper production. The ramp-up of pulp production was faster than expected, enabling the mill to reach its targets. The entire Kymi pulp and paper mill integrate benefits from the improved energy efficiency and operational flexibility brought by the investment project.<br><br>The Kymi project was started in February 2014 and completed by the end of 2015. The new debarking plant started operation in June and the modernised softwood fibre line was commissioned in August along with new pulp drying machine, which was the largest single investment in the project. Other improvements made last summer include the expansion of the wood yard and the introduction of a new railway and wagon-loading system.<br> <br>Today the Kymi integrated pulp and paper mill complex is even more energy-efficient and flexible than ever before. Its high energy efficiency and locally sourced wood reduce the carbon footprint of the mill's products, which already now is close to zero. Over 90% of the energy produced at the Kymi mill is bioenergy.<br> <br>The investment also has a positive effect on local employment rates and businesses. The increasing use of wood in the mill integrate will generate wood harvest and transportation work for forest industry professionals and stumpage earnings for forest owners.<br> <br><strong>For further information, please contact</strong>&#58;<br><strong>Markku Laaksonen</strong>, General Manager, UPM Kymi, tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+358 400 754 649<a title="Call&#58; +358 400 754 649" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +358 400 754 649" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span>, <a href="mailto&#58;markku.o.laaksonen@upm.com">markku.o.laaksonen@upm.com</a><br><br><br><strong>UPM, Media Relations</strong> <br>tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+35840 588 3284<a title="Call&#58; +35840 588 3284" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +35840 588 3284" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span> <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><a href="http&#58;//www.twitter.com/UPM_News">www.twitter.com/UPM_News</a><br><a href="http&#58;//www.facebook.com/UPMGlobal">www.facebook.com/UPMGlobal</a><br><a href="http&#58;//www.linkedin.com/company/upm-kymmene">www.linkedin.com/company/upm-kymmene</a><br><br> <br><a href="http&#58;//pet.upm-kymmene.com/?cart=10247-lghabckike&amp;l=EN" target="_blank">Photos from Kymi at http&#58;//pet.upm-kymmene.com</a>.<br><br> <br><strong>Kymi</strong><br>UPM Kymi is an environmentally efficient mill integrate producing pulp, paper and energy. UPM Kymi employs about 650 people and is located in south-east Finland in Kuusankoski, Kouvola. Kymi produces bleached birch and softwood pulp as well as coated and uncoated fine paper.<br><br> <br><strong>UPM Pulp</strong><br>UPM is one of the world's leading producers of northern softwood, birch and eucalyptus pulp supplying global customers in many end use segments such as tissue, specialty papers, board, and printing and writing papers through its own sales and technical service network close to the customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people. The annual pulp production capacity is 3.5 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. To learn more, visit&#58; <a href="http&#58;//www.upmpulp.com/">www.upmpulp.com</a><br><br> <br><strong>UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br></p>GP0|#80f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d;L0|#080f66fc0-c60d-4e2c-a1ed-b7e454bfdf4d|Press release;GTSet|#5f3597d4-e212-42ee-96a2-2301e0ef108baspx