Negotiated outcome reached in the collective labour agreement negotiations at UPM Biofuels
(UPM, Helsinki, Finland, 31 May 2024 at 14:00 EEST) – UPM Biofuels and the Paper Workers' Union have reached a negotiation outcome in the collective labour agreement negotiations concerning UPM Biofuels' Lappeenranta biorefinery.
"The negotiations were conducted in a very good spirit, and we were able to focus on the essential issues right from the beginning. The content of the negotiation outcome creates a good basis for flexible operation and development of the refinery," says Petri Rekonen, Director of UPM Biofuels' Lappeenranta biorefinery.
The new collective labour agreement will have a two-year contract period and it will enter into force upon approval by the Paper Workers’ Union’s Board. The union has announced that the Board will discuss the negotiation outcome at its meeting on 5 June 2024.
Negotiations on the collective labour agreements for UPM Specialty Papers and UPM Raflatac will continue.
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We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com
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