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German papermaker Felix Schoeller Group announced that due to the still volatile effects of various cost increases, for energy and for raw materials, the Company forced to pass on further price increase from August 2022.

Antalis signs a binding offer to acquire the Cohal Group (Autoadhesivos Cohal, S.A. and Garalmi, S.A.), a leading supplier in the Spanish self‐adhesive labels and packaging products distribution market.

Mitsubishi HiTec Paper is increasing prices for all speciality papers. Effective for deliveries from 1 July 2022, prices for the entire range of coated speciality papers will increase by 12% worldwide.

UPM Raflatac has signed an agreement to acquire AMC AG (Advanced Methods of Coating), a Germany-based company. This acquisition accelerates growth and expands the product offering of UPM Raflatac. Both parties have agreed not to disclose the purchase price or other transaction details. The transaction is expected to be...

How the world wood markets will change and what the Russian forest based industry will lose. The new report provides a detailed picture of how the global markets for wood products have changed in January-April 2022, and what consequences the war has had for Russian companies. It presents also the forecasts of the owner...

UPM 1Q sales up 12%

UPM 1Q 2022 sales were Euro 2,507 million, 12% higher than the Euro 2,234 million in 1Q 2021. Comparable EBIT was line with last year at Euro 277 million, which was 11% of sales.

UPM and the Paperworkers’ Union (Paperiliitto) have not been able to come to new collective labour agreements. Today, the union turned down four settlement proposals submitted by the conciliator. The exceptionally long strike at UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels uni...

Conciliator Leo Suomaa has submitted proposals for UPM Specialty Papers and UPM Raflatac in the collective labour negotiations with the Paperworkers’ Union. The conciliator has asked the parties to state their position on the proposals by 14 April 2022 at 10:00 EEST, which is also the deadline for the settlement propos...

In Russia, UPM employs 800 persons most of whom work at the Chudovo plywood mill. The operations are currently running as usual.