UPM to suspend purchasing of wood in and from Russia and operations at its Chudovo plywood mill
(UPM, Helsinki, 9 March 2022 at 9:00 EET) – UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo plywood mill operations for the time being. The company is preparing a mitigation plan accordingly. UPM also informed on 3 March 2022 that it will cease deliveries to Russia . The suspension will be implemented with due consideration of UPM’s local employees, customers and stakeholders as well as the legislation in Russia. UPM continues to honour its obligations towards