The new company is planned to take over UPM’s plywood business after the October demerger and is expected to begin trading in November.
UPM
Company confident it can address preliminary concerns on graphic paper merger.
Higher pulp prices, strong renewable fuel demand and growth in advanced materials supported results, while weak graphic paper demand, high wood costs and geopolitical uncertainty continued to weigh on parts of the business.
The Finnish Financial Supervisory Authority has approved WISA Group Plc’s demerger and listing prospectus.
Partnership offers pilot-scale development access at Andritz's Graz facility with UPM Euca as standard pulp.
The stoppages will target production levels and wood sourcing; Pietarsaari mill may face a temporary shutdown in October
He will join the Group Executive Team, report to President and CEO Massimo Reynaudo and be based in Helsinki after serving as CEO of Coolbrook since 2022.
Transaction adds invention disclosures for bio-based MEG and MPG production as UPM scales Leuna biorefinery operations.
Shareholders receive one WISA share per UPM share as plywood unit targets Nasdaq Helsinki listing by November 2026.
Proposed transaction still requires approval from US and Chinese authorities alongside European Commission.
Martin á Porta named Deputy Chair as committee leadership assignments confirmed at constitutive meeting.
New slitting and distribution site will serve Northern and Eastern India and will complement the Mumbai terminal opened in 2024.
New solution combines barrier papers with biodegradable coating to deliver grease resistance at low coat weights.
Company establishes new transformation leadership role, appointing Risto Penttinen to Group Executive Team.
Initiative replaces thermal disposal with material recycling for used press felts and forming fabrics.
Pulp deliveries rise 4% while paper deliveries decline and electricity output edges lower.
Agreement enters into force on December 31, 2025 after regulatory approvals and includes reciprocal wood supply and ownership changes.
The world's first commercial-scale wood-to-chemicals plant targets 220,000-tonne annual output upon full operation.
New five-year revolving facility refinances two previous agreements totaling Euro 1.75 billion.
The shutdown, affecting 189 employees, follows concluded arbitration and will take effect 31 December 2025.