Tag: UPM

UPM closes French newsprint mill

UPM has halted production at its newsprint mill in Grand-Couronne, France, cutting 228 jobs and lowering its annual newsprint production capacity by 240,000 tonnes, the Finnish forestry group said in a statement. UPM said the closure would mean...

UPM: Sales decreased by 15% to EUR 2,287 million in Q1 2020

Sales decreased by 15% to EUR 2,287 million (2,693 million in Q1 2019) due to lower pulp and paper prices and lower deliveries of graphic papers. Comparable EBIT decreased by 26% to EUR 279 million (374 million). UPM...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Trend in revenue decline of major timber industry players

Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also...

Russian Timber Journal 07-2019: Slowdown in Russian economic growth in H1 2019; for 5 months 2019, the EU has reduced the volume of import of pellets; Federal Forestry Agency: timber harvesting in the Russian constituent entities for 10 years; export of parquet from the European Union decreased; CEPI has published statistics on the securities industry for 2018

Russian Timber Journal 07-2019: Slowdown in Russian economic growth in H1 2019;  for 5 months 2019, the EU has reduced the volume of import of pellets; Federal Forestry Agency: timber harvesting in the Russian constituent entities for 10 years; export...

Russian Timber Journal №04-2019: In 2018, the world sawn timber trade fell for the first time in five years; analytical study of WhatWood on the market of raw timber in Russia; decline in prices and volumes of trade in sawn timber on world markets; another record of China’s imports of round timber

Russian Timber Journal №04-2019: Russian Timber Journal 04-2019: In 2018, the world sawn timber trade fell for the first time in five years; WhatWood’s interview with CEO of RFP Group Dmitry Valtfogel; disbalance between the demand and supply...

UPM and Carbodeon develop cellulose and nanodiamond materials for 3D printing

UPM and Carbodeon are developing cellulose-and nanodiamond-reinforced raw materials for 3D printing. Nanodiamond additives provide the product not only with improved stiffness and strength but also with a higher temperature of thermal deviation. New items will be available...

UPM continues preparations for the construction of a new world-class pulp mill in Uruguay

UPM sales in 2018 increased by 5% and comparative EBIT by 17%. About it reports a press-service of the company. According to UPM President and CEO Jussi Pesonen, ” 2018 was a record year for UPM. Despite the...

UPM is tendering for a pulp terminal in Montevideo deep sea port in Uruguay

UPM is taking part in the international public tendering process in the port of Montevideo organized by the National Ports Administration (ANP) of Uruguay, according to the press service of the Department of media relations UPM. The scope...

Finnish kaizen in the plywood industry

What to do with products when the market already has the necessary types of goods, and the growth of production continues? Your answer was presented by the Director for corporate communications “UPM-Kymmene” Natalia Malashenko. This year the company...

Russian Timber Journal 08-2018: WhatWood interview with Sales Director for Russia, CIS and Baltic countries of UPM Plywood Oy, Alexander Totsky; export quotas on birch veneer logs from Russia starting from January 1, 2019

Alexander Totsky: “The key to the success of the enterprise on the market is the production of a wide range of demanded types of plywood of consistent high quality”. Russia is a major supplier of birch plywood for...

WhatWood interview with Sales Director for Russia, CIS and Baltic countries of UPM Plywood Oy, Alexander Totsky

Alexander Totsky: “The key to the success of the enterprise on the market is the production of a wide range of demanded types of plywood of consistent high quality”. Russia is a major supplier of birch plywood for...