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UPM Completes the Sale of its Steyrermühl Site to Heinzel Group

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UPM has finalized the sale of the Steyrermühl site to Heinzel Group which was announced in June 2022. Jan 02, 2024 UPM has announced the finalization of the sale of the Steyrermühl site and all related assets to Heinzel Group, thereby closing the transaction announced in June 2022. The production......
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UPM Joins the Forward Faster Initiative of UN’s Sustainable Development Goals

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UPM has recently joined the UN Global Compact Forward Faster Initiative to accelerate the progress of the Sustainable Development Goals. Around the world, a total of 138 companies are involved. Sep 19, 2023 UPM has recently joined the UN Global Compact Forward Faster Initiative calling for business leaders all over......
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UPM’s Recyclable Label Papers Certified as Industrially & Home Compostable

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A wide range of UPM’s recyclable face paper and release base papers have been certified as industrially and home-compostable according to EN 13432:2000 and NFT51-800:2015 standards. Sep 12, 2023 A wide range of UPM Specialty Papers’ label papers have been certified as industrially and home compostable, helping brand owners and......
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UPM Announces Permanent Closing of Plattling Mill in Germany

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UPM Communication Papers will permanently be closing down its Plattling mill, based in Germany. This planned closure will result in a permanent reduction of 380,000 tonnes of uncoated publication paper and 215,000 tonnes of coated publication paper. The plans will strengthen the overall cost competitiveness of UPM Communication Papers. Jul......
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UPM Permanently Closes Paper Machines at Germany’s Schongau & Austria’s Steyrermühl Mills

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UPM has shut down 485,000 tonnes of graphic paper capacity after permanently closing paper machines 6 and 4 at the UPM Schongau mill in Germany and UPM Steyrermühl in Austria, respectively. The Schongau PM closing has affected 136 employees, while the Steyrermühl PM closing has no impact on its employees. ......
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UPM’s USD 3.47 Billion Investment in Uruguay 2.1 Million TPA Pulp Mill; Ready for Operations

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UPM’s Paso de los Toros, Uruguay, pulp mill has reached technical readiness to start operations. The new pulp mill is a part of the company’s USD 3.47 billion investment project in Uruguay, and has a production capacity of 2.1 million TPA. March 31, 2023 UPM’s new Uruguay pulp mill, which......
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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......