UPM has sold the Kaipola mill site
(UPM, Helsinki, 18 October 2021 at 14:00 EEST) – UPM has sold the Kaipola mill site in Jämsä, Finland, to Kaipola Green Port Oy. Kaipola Green Port is a real estate development company owned by Finnish private citizens. The sale consists of the real estate, and no personnel was transferred. Kaipola Green Port plans to develop the mill site for manufacturing and industrial logistics purposes. UPM closed the Kaipola paper mill permanently in early 2021. In addition to Kaipola, UPM has during the past 12 months sold the Säynätsalo plywood mill in Jyväskylä, Finland, the Shotton paper