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    UPM and Luontokollektiivi Association restore 100 hectares of mire in Tohmajärvi, Finland

    (UPM, Helsinki, 4 December 2024 at 09:30 EET) – UPM and the nature conservation organisation Luontokollektiivi are starting the restoration of the approximately 100-hectare Western Valkeasuo in Tohmajärvi, North Karelia, Finland. The restoration of the drained peatland, owned by UPM, will increase the biodiversity of the mire by restoring the mire ecosystem and reduce nutrient loads from Lake Polvijärvi and its downstream waterbodies and carbon dioxide emissions into the atmosphere. The restoration of the Western Valkeasuo is a co-funded EU project. [A forest with trees and bushes

    UPM Raflatac announces further progress towards Ellen MacArthur Foundation’s Global Commitment

    (UPM, Helsinki, 3 December 2024 at 13.00 EET) – UPM Raflatac has made further progress towards a more circular economy for plastics and a future beyond fossils during 2023. The progress towards the 2025 commitments is detailed in the New Plastics Economy Global Commitment 2024 Progress Report  by the Ellen MacArthur Foundation  and the UN Environment Programme  (UNEP). UPM Raflatac joined the Global Commitment as the first label materials company in

    UPM Fibres' change negotiations in Finland concluded

    (UPM, Helsinki, 2 December 2024 at 10:05 EET) – UPM Fibres has completed its change negotiations in the Fibres Finland Operations organization, which includes the UPM Pulp, the UPM Timber and the UPM Forest organisations in Finland. The negotiations were initiated in October in order to increase efficiency and safeguard profitability. Approximately 1,600 employees were included in the scope of the change negotiations. As a result of the negotiations, a reduction of a maximum of 88 positions will take place. In addition, the negotiations within UPM Pulp’s Finnish pulp mills and within the

    Change in UPM’s Group Executive Team: Susanna Rinne assumes interim role leading UPM Plywood business area as of 1 January 2025

    UPM-Kymmene Corporation Stock Exchange Release (Changes board/management/auditors) 2 December 2024 at 09:30 EET Change in UPM’s Group Executive Team Susanna Rinne assumes interim role leading UPM Plywood business area as of 1 January 2025 Susanna Rinne has been appointed as interim Executive Vice President of UPM Plywood business area, effective 1 January 2025. As announced earlier, the current Executive Vice President of UPM Plywood, Mika Kekki, has been appointed to lead the UPM Specialty Papers business area starting from the same date. Susanna Rinne (born in 1970) is

    UPM supports vulnerable children and their families through Save the Children Finland

    (UPM, Helsinki, 28 November 2024 at 14:00 EET) – UPM supports Save the Children Finland, focusing its aid on children and families living in conflict-torn areas such as Ukraine and Gaza. [A child standing in a pile of rubble Description automatically generated] “We are extremely grateful for UPM's significant donation, which enables us to support humanitarian work in the most vulnerable conditions to ensure children's survival,” says Anne Haaranen, Director of International Programs at Save the Children Finland. “In conflict zones around the world, children often bear the greatest

    UPM Raflatac will close its Kaltenkirchen factory in Germany to improve competitiveness

    (UPM, Helsinki, 27 November 2024 at 16:00 EET) – UPM Raflatac has decided to permanently close its Kaltenkirchen factory in Germany to improve efficiency and productivity. The closure will be implemented in stages during 2025 with a strong focus on customers, quality and ensuring competitiveness. The number of positions affected is 154. The label material production of the factory will be transferred to UPM Raflatac’s factories in Poland and Finland. The production of graphics solutions will be transferred to UPM Raflatac’s factory in Belgium during 2025. The production of graphics

    UPM Timber has been awarded Timber Development UK’s Sustainability Award

    (UPM Timber, Helsinki, 12 November 2024 at 14:00 EET) – UPM Timber has been awarded Timber Development UK’s (TDUK) Sustainability Award. The Sustainability Award recognises a company that shows leadership in push for net zero emissions. TDUK is the largest, most comprehensive supply chain body for timber in the UK, with a mission to unite the supply chain, from sawmill to specifier, and to support a sustainable, net zero timber industry. ”The UPM Timber team has worked systematically and determinedly towards sustainability. It’s truly great to receive this recognition from our customers

    UPM Specialty Papers and Eastman introduce paper-based food packaging solution with compostable biobased coating

    (UPM, Helsinki, 31 October 2024 at 16:00 EET) – UPM Specialty Papers and Eastman have co-created a novel biopolymer coated paper packaging solution, designed for food applications requiring grease and oxygen barriers. The solution integrates Eastman’s biobased and compostable Solus™ performance additives with BioPBSTM polymer to form a thin coating onto UPM’s compostable and recyclable barrier base papers. Thanks to the thinness of the coating layer, the solution is designed for recycling within existing fibre recycling streams, empowering brands to adopt sustainable packaging. [A pink

    UPM Raflatac launches OptiCut™ WashOff linerless label to promote plastic packaging reuse

    (UPM, Helsinki, 31 October 2024 at 11.00 EET) – UPM Raflatac, a global supplier of sustainable labeling solutions, is expanding its direct thermal (DT) linerless label offering  with the launch of its new OptiCut™ WashOff solution. The new linerless label is specifically designed for returnable and reusable plastic food containers, including PP, HDPE and PET crates used in food logistics. Available to customers now, the label launch meets the need for innovative plastic packaging solutions,

    UPM wins Pentawards' first ever 'Supplier of the Year' category

    (UPM, Helsinki, 30 October 2024 at 16:15 EET) – UPM has been honoured with the Supplier of the Year award at the Pentawards 2024 competition, a global platform that recognises excellence in packaging design. The award highlights UPM’s innovative co-creation approach, commitment to sustainability, and dedication to providing industry-leading material solutions that help brands worldwide achieve their packaging goals. [UPM team at Pentawards] The Supplier of the Year award was introduced this year for the first time, and it celebrates the pivotal role that packaging manufacturers and

    UPM, SELENIS and BORMIOLI PHARMA introduce the world's first pharmaceutical bottle partially made with wood-based plastics

    (UPM, Helsinki, 29.10.2024 at 14:00 EET) – UPM Biochemicals , Selenis  and Bormioli Pharma  have partnered to produce the world’s first pharmaceutical bottles made from partially wood-based PET. This bottle takes sustainability in pharma packaging to a whole new level. As the high regulatory and performance requirements for pharma packaging may limit the use of new or recycled materials,

    UPM's financial reports and Annual General Meeting in 2025

    UPM-Kymmene Corporation Stock Exchange Release (Financial Calendar) 29 October 2024 at 14:00 EET UPM's financial reports and Annual General Meeting in 2025 In 2025, UPM will publish financial reports in accordance with the following schedule: -          Financial Statements Release for the year 2024 will be published on 5 February 2025 approximately at 09:30–10:00 EET -          Interim Report for January–March (Q1) will be published on 24 April 2025 approximately at 09:30–10:00 EEST -          Half-year financial report for January–June (Q1–Q2) will be published on 24 July

    Mika Kekki appointed Executive Vice President, UPM Specialty Papers business area as of 1 January 2025

    UPM-Kymmene Corporation Stock Exchange Release (Changes board/management/auditors) 29 October 2024 at 10:05 EET Mika Kekki appointed Executive Vice President, UPM Specialty Papers business area as of 1 January 2025 Mika Kekki has been appointed Executive Vice President of UPM Specialty Papers as of 1 January 2025. He will continue to be a member of UPM’s Group Executive Team and report to UPM’s CEO Massimo Reynaudo. Mika Kekki is currently the Executive Vice President of UPM Plywood and continues to hold the position until the end of 2024. He joined UPM in 1994 and has been a

    UPM Interim Report Q3 2024:Comparable EBIT +32% from last year in a challenging market

    UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 29 October 2024 at 09:40 EET UPM Interim Report Q3 2024:Comparable EBIT +32% from last year in a challenging market Q3 2024 highlights · Sales decreased by 2% to EUR 2,521 million (2,584 million in Q3 2023) · Comparable EBIT increased by 32% to EUR 291 million, 11.5% of sales (220 million, 8.5%) · Operating cash flow was EUR 242 million (641 million) · Demand recovery for UPM's products slowed down · UPM Paso de los Toros pulp mill was in full production · UPM acquired Grafityp in Belgium to

    UPM Specialty Papers and Michelman introduce a new generation of structures for high performance, recyclable paper packaging

    (UPM, Helsinki, 24 October 2024 at 16:00 EEST) – UPM Specialty Papers and Michelman have co-created three cutting edge solutions that are designed to allow brand owners to replace multi-material, non-recyclable packaging with paper-based alternatives that meet their requirements for food contact and recyclability. [A coffee machine on a counter Description automatically generated] “UPM's papers provide a perfect foundation for our water-based barrier and heat seal coatings. Working closely with them for many years has allowed our combined team to increase the performance threshold of

    UPM Biomedicals launches FibGel™ the world’s first injectable nanocellulose hydrogel for medical devices

    (UPM, Helsinki, 24 October 2024 at 15:00 EEST) – UPM Biomedicals, the forerunner in producing high quality nanofibrillar cellulose for medical and life science applications, today announces the launch of FibGel™—a natural injectable hydrogel for permanent implantable medical devices. FibGel is a nanofibrillar cellulose hydrogel made from birch wood cellulose and water only, offering a safe, sustainable and biocompatible alternative for medical device developers. Designed and manufactured under ISO 13485 standards in Finland and designed for medical applications, FibGel is poised to

    Invitation to UPM’s webcast on Q3 2024 interim report

    (UPM, Helsinki, 22 October 2024 at 10:00 EEST) – UPM will publish its interim report on Tuesday 29 October 2024 at 09:30–10:00 EET. After publication, the report will be available on the company website at www.upm.com . A webcast and a conference call for analysts and investors will start at 13:15 EET. The interim report will be presented in English by President and CEO Massimo Reynaudo and CFO Tapio Korpeinen. Participants can follow the webcast online via this link . Participants wishing to ask questions after

    UPM-supported removal of migration barriers in Joutsa and Lieksa completed

    (UPM Energy, Helsinki, 17 October 2024 at 12:00 EEST) – This summer, UPM's Stream Water Programme funded the removal of two fish migration barriers in Finland. The old dams were dismantled, and the riverbeds were restored. With the removal of the barriers, the Päijänne lake trout can now migrate up the Rutajoki, the Pielinen lake trout can now migrate up the Ala-Kelvänjoki, and the stream water habitats for other endangered species are improved. The restoration work on Seinäkoski in the Rutajoki River in Joutsa was completed in mid-September. The migration route from Rutajoki River to

    Profit warning, inside information: UPM lowers its outlook due to lower deliveries in most businesses and decreased pulp prices

    UPM-Kymmene Corporation Stock Exchange Release (Inside information) 16 October 2024 at 12:00 EEST Profit warning, inside information: UPM lowers its outlook due to lower deliveries in most businesses and decreased pulp prices UPM lowers its outlook for 2024 and releases its preliminary Q3 2024 results. During the second half of the year, UPM’s earnings have improved, however less than earlier expected. Comparable EBIT in Q3 2024 increased by 32% to EUR 291 million from Q3 2023, and 17% for the first nine months compared to last year. Comparable EBIT in Q4 2024 is expected to be on

    UPM Raflatac Expands Operations with New Terminal in Toronto

    (UPM, Mills River, October 15, 2024, at 15:00 ET) – UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, announces the opening of its new distribution terminal located in Ajax, Ontario, part of the Greater Toronto Area. This 30,000-square-foot facility extends service to Eastern Canadian customers and complements an existing network of three factories and two other terminals that collectively service North America-based customers. As part of UPM Raflatac's dedication to high-quality materials and service in the Americas, the new terminal is

    UPM Specialty Papers to display new co-created recyclable packaging solutions at PACK EXPO International 2024

    (UPM, Helsinki, 9 October 2024 at 16:00 EEST) – UPM Specialty Papers is looking forward to attending PACK EXPO International 2024, where you will find us on stand W-21110 in west hall. Visitors will be able to explore an innovative portfolio of fibre-based, recyclable packaging papers that help customers and brand owners bring power to their purpose. These include a number of new and exciting solutions co-created with customers and expert partners from across the packaging value network. Demand for sustainable packaging continues to experience rapid growth. These co-creation projects

    UPM Fibres plans measures to safeguard profitability and starts change negotiations in Finland

    (UPM Fibres, Helsinki, 8 October 2024 at 11:05 EEST) – UPM Fibres plans measures to increase efficiency and safeguard the profitability of its operations in Finland and starts change negotiations in its Fibres Finland Operations. The planned measures include the possible reduction of 110 positions. The change negotiations cover approximately 1,600 employees in the UPM Pulp operations in Finland, UPM Forest and UPM Timber. The change negotiations will also include possible temporary layoffs in the UPM Pulp operations in Finland and in UPM Timber. The possible temporary layoffs could

    UPM Raflatac Helps Enhance Packaging Recyclability with New Labels Guide E-Book

    (UPM, Helsinki, 7 October 2024 at 11:00 EEST) – UPM Raflatac is pleased to announce the launch of its new Packaging Recyclability Guide, designed to help fast-moving consumer goods (FMCG) stakeholders across the packaging value chain navigate the complexities of packaging design and recyclability. The new guide, which is available as a free e-book on the company’s website here  or as a downloadable pdf here , offers practical information on the guidelines,

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