Jan 14, 2009. /Lesprom.com/. UPM's associated company Oy Metsä-Botnia Ab has announced the permanent closure of the Kaskinen pulp mill during the 1Q 2009. The special charges resulting from the closure will reduce UPM's associated company results by approximately Euro 27 million in the 1Q 2009, the company said in a statement received by Lesprom Network. The annual pulp production capacity of the Kaskinen mill is 450 thousand tonnes of mainly hardwood pulp. UPM's share of the capacity according to its ownership is roughly 212 thousand tonnes. The pulp produced at Kaskinen mill has not been used in UPM's paper production. After the closure of the Kaskinen mill, UPM's calculatory annual pulp production capacity will be 3.6 million tonnes. UPM's share in Botnia is 47%.