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Andritz Signs Preliminary Agreement With UPM for Significant Pulp Mill Order

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Andritz will be supplying million euro order value of pulp production technologies to UPM. January 23, 2020 International technology Group Andritz and UPM have signed a preliminary agreement under which Andritz is to supply energy-efficient and environmentally friendly pulp production technologies as well as key process equipment. The final contract......
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UPM is Building New Ecosystems of Wood-Based Biomedical Solutions

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UPM collaborates with leading research organizations and small- to medium-sized companies in order to create a new ecosystem and novel wood-based innovations for the biomedical sector. February 19, 2018 UPM collaborates with leading research organizations and small to medium sized companies in order to create a new ecosystem and novel......
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UPM Completes Closure of Paper Machine 5 in Blandin by End of Year

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The move is in response to overcapacities in the North American paper market. December 20, 2017 On October 24, UPM announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, United States in response to overcapacities in the North American paper market. All related processes have now......
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UPM Inaugurates the Expanded Kymi Pulp Mill in Kuusankoski, Finland

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EUR 160 million investment increases the production by 170,000 tonnes to 700,000 tonnes of pulp annually January 12, 2016 UPM inaugurated its newly revamped Kymi pulp mill in Kuusankoski following a EUR 160 million investment in production expansion. Finland’s Prime Minister Juha Sipilä officiated the proceedings by signing the charter......

UPM and Stora Enso: Rumors of mega merger

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September 13, 2013 According to a report published by the Swedish financial news portal affarsvarlden.se, analysts from Handelsbanken say that the probability of a deal between Stora Enso and UPM on the paper side is almost inevitable. In the possible joint venture, UPM’s interest would be around 65 per cent.......
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UPM will increase its presence in the attractive Asian paper segments

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August 7, 2012 UPM takes further steps to reshape its business portfolio and expands in profitable growth businesses in Asia. The company will increase its presence in the attractive Asian paper segments and strengthen its position in the label materials value chain by building a new woodfree speciality paper machine......

UPM finalises the sale of its closed Albbruck paper mill

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August 14, 2012 UPM has completed the sale of its closed Papierfabrik Albbruck GmbH to the German Karl Group. UPM permanently ceased graphic paper production at the mill situated in Baden-Württemberg, Germany in January 2012. The Karl Group, experienced in developing industrial sites, is planning to establish new businesses on......