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UPM Communication Papers Plans Capacity Reduction at Germany and Austria Plants

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UPM Communication Papers has planned capacity reductions for its Germany and Austria based paper plants by Q2 2023. The decision is in wake of decade-long characterization of industry for demand decline. The reduction will help the company to save annual fixed costs of approximately EUR 13 million. March 22, 2023......
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UPM, Finland Launches Streamwater Programme to Restore 500 Km of Rivers and Rapids

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UPM, Finland, has launched a new streamwater programme to restore and release its 500 kilometers of streamwater by removing migratory barriers, including defunct dams, old culverts, hydropower structures, etc. February 24, 2023 UPM has adopted a new streamwater programme, as a part of its biodiversity projects, to release or restore......
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UPM Initiates a New Combined Heat & Power (CHP) Plant for Carbon Neutrality at Paper Mill

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UPM is committed to undertaking several initiatives such as climate-positive forestry, innovating novel products, and investment in renewable and efficient energy solutions to power its own sites, while taking part in the transformation of energy systems in Europe. November 4, 2022 UPM has inaugurated a new combined heat and power......
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UPM Inaugurates its New Deep Sea Pulp Terminal in the Port of Montevideo

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UPM’s new pulp terminal, located in the newly developed deep sea port in Montevideo, will have an annual operating capacity of over 2 million tonnes of pulp. October 7, 2022 UPM has officially inaugurated its new pulp terminal in the port of Montevideo, Uruguay, with an investment of about USD......
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UPM Specialty Papers Presents New Multifunctional Barrier Paper

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UPM Specialty Papers is expanding its selection of recyclable packaging papers with the launch of a new barrier paper made from renewable materials – UPM Asendo Pro. May 25, 2021 A two-side coated paper, UPMsays that its new solution provides multiple advantages as a recyclable monomaterial – including a basis for......
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UPM Biochemicals Expands its Lignin Business with Domtar’s New Supply Agreement

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Following the agreement, UPM will increase its supply of kraft lignin by more than 20,000 metric tonnes annually. January 5, 2021 UPM and the US-based pulp and paper producer Domtar Paper Company LLC have signed an agreement for UPM to acquire the total annual kraft lignin production of Domtar’s Plymouth......
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UPM Unveils New Range of Kraft Papers for Packaging Applications

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The new UPM Solide kraft paper product range is designed for bags, wraps, single-packs and lamination, is recyclable in the regular paper recycling stream. October 30, 2020 UPM Specialty Papers has launched a new range of kraft papers designed for bags, wraps, single-packs and lamination. The UPM SolideTM family of......
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UPM Signs EUR 750 Million Revolving Credit Facility with Margin Tied to Long-Term Biodiversity and Climate Targets

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The EUR 750 million credit facility is the first step in building the funding base for UPM’s significant transformation projects. The five-year facility has two one-year-extension options. March 17, 2020 UPM is one of the first companies to link the pricing mechanism of a syndicated revolving credit facility (RCF) to......

UPM Develops New Wood-Based Biocomposite Material Using Renewable Resources

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UPM’s EcoAce biocomposite can reduces waste through less material consumption owing to multi-use material performance in its DNA. March 16, 2020 UPM has developed a new world-class biocomposite material which meets the highest sustainability requirements. The new material, called UPM Formi EcoAce, contains certified wood and cellulose fibers, as well......