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UPM Specialty Papers to Modernize Finland Mill With EUR 10 Million Investment

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UPM plans to enhance the production efficiency and boost capacity of its Tervasaari mill in Valkeakoski, Finland. May 28, 2025 UPM Specialty Papers has come up with an investment plan of more than EUR 10 million to modernize its Tervasaari mill in Valkeakoski, Finland. The upgrade aims to enhance production......
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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’s Uruguay Pulp Mill Investment of EUR 3.28 Billion to Increase its Production to 5.8 Million TPA

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UPM Group released its financial statements for FY22 and shared the status of its various projects in Uruguay, Germany, Austria, and other markets. The group has established one pulp terminal and one pulp mill, which once operational will increase the production by more than 50 percent to 5.8 million TPA,......