UPM to cut 202 jobs
UPM-Kymmene is cutting 202 jobs, mostly in Finland, following the conclusion of statutory negotiations with its employees announced in [...]
December 3, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Pulp & Paper / Sawmilling / Europe / Global
UPM’s profits fall sharply in Q3/2020
Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter. [...]
October 28, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Wood-based panels / Europe / Global
UPM permanently closes Kaipola mill in Finland
Employee consultations for UPM Communication Papers were concluded at the Jämsä River mills this week. The UPM Kaipola paper [...]
October 16, 2020
Companies in the timber industry / Daily News / Global Trends / Pulp & Paper / Europe / Global
UPM to cut up to 170 jobs in Europe
As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their [...]
October 7, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Europe / Global
UPM to build a wood processing plant in Germany
Construction of a timber processing plant in Leuna, Germany, will start before the end of the third quarter of 2020 [...]
September 7, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Pulp & Paper / Sawmilling / Wood Products / Europe / Global
Closure of paper mill shifts focus on condition of Finland’s forestry sector
The operating conditions of the forest industry in Finland came into focus on Thursday as Finnish forestry giant UPM elaborated [...]
August 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Pulp & Paper / Sawmilling / Statistics / Wood Products / Europe / Global
UPM quarterly profit falls sharply in Q2/2020
Finnish forestry giant UPM reported on Thursday a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand [...]
July 27, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Wood-based panels / Europe / Global
UPM to reduce plywood production by the end of the month
UPM Jyväskylä plywood mill to be permanently closed on 31.07.2020, UPM announced. The jobs cut will be [...]
July 23, 2020
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
UPM, Stora Enso and Metsä prepared to face the economic downturn caused by the coronavirus
Despite the coronavirus pandemic, the early part of the year was still reasonably good for large Finnish forestry companies. [...]
May 21, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Wood-based panels / Europe / Global
Nordic forestry giants, Stora Enso, UPM and SCA aren’t yet affected by the coronavirus pandemic
Forestry giants in Northern Europe, Stora Enso, UPM and SCA, haven't been affected yet by the coronavirus crisis that [...]
April 27, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood construction / Wood Products / Wood-based panels / Europe / Global