UPM spins off 785,000 m³ plywood business into WISA Group

UPM shareholders have approved the separation of the group’s plywood and veneer…

EU raises objections to UPM-Sappi giant joint venture

UPM says it can address competition concerns raised by the European Commission…

UPM’s plywood separation enters final phase

UPM has taken another step towards separating its plywood operations into an…

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…