Merging UPM Raflatac’s existing Graphics business with Grafityp will strengthen UPM Raflatac’s overall competitive positioning in this attractive product segment, expand its portfolio and give access to high-value new technologies.
UPM
ROWE GmbH already holds 50% of the shares in ASD and will hold 100% of the shares in ASD after the transaction has been completed. The parties have agreed not to disclose the sales price.
He will start in his role in October 2024.
Mika Kekki assumes this role on top of his current duties and continues in his current role as Executive Vice President of UPM Plywood business area.
Outcome reached in the collective labour agreement negotiations at UPM Raflatac.
Negotiations on the collective labour agreements for UPM Specialty Papers and UPM Raflatac will continue.
The negotiations for collective labour agreements for UPM Specialty Papers, UPM Raflatac, and UPM Biofuels are ongoing.
Company plans to close the Hürth newsprint mill and shut down a fine paper machine at Nordland Papier (PM 3) in Dörpen.
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
Finnish forest giant rolls out Nature Management Services to enhance biodiversity through tailored assistance and subsidy applications.
Henrik Ehrnrooth to continue as the Chair of the Board of Directors of UPM-Kymmene Corporation.