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UPM

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UPM bets on Uruguay while high wood costs weigh on Finnish production

Finnish forest products group UPM has applied to the Uruguayan government for…

Nordic pulp producers face mounting pressure as UPM will temporarily halt production at its Kaukas pulp mill

UPM will temporarily halt production at its Kaukas pulp mill in Finland…

European timber giants warn recovery remains fragile despite improving lumber prices

Quarterly results from European forest industry giants Stora Enso, Metsä Group and…

UPM to divest plywood business

UPM’s Board of Directors has approved a plan to spin off its…

UPM shakes up its top management

UPM is reshaping its top management as it prepares for its next…

Korkeakoski sawmill acquisition lifts Versowood capacity close to 2m m³

Finland’s Versowood has expanded its sawmilling operations with the acquisition of the…

Plywood volumes largely unchanged at UPM in 2025

The plywood business of UPM Plywood remained operationally solid in 2025, despite…

Versowood finalises deal with UPM as Korkeakoski sawmill changes hands

The competition authorities have approved the transaction announced in September under which…

UPM’s CEO: Finnish wood remains far too expensive as cost pressures hit mill operations

UPM CEO Massimo Reynaudo says Finland’s wood prices remain significantly too high…

UPM barely keeps its nose above the surface

UPM reported net sales of €2.298 billion in the third quarter of…