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
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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
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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
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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
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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
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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
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UPM to invest more than half a billion euros into a biorefinery in Germany
UPM plans to enter the biochemicals business by investing in a biorefinery at Leuna, Germany. The [...]
February 3, 2020
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UPM might close Chapelle mill in France
In September 2019, UPM announced plans to sell its Chapelle newsprint mill in Grand-Couronne, France. [...]
January 28, 2020
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Finland: Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills
Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]
November 27, 2019
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Finland: Forestry giants Stora Enso and UPM report declining profits in Q3/2019
Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter [...]
October 31, 2019
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