UPM-Kymmene Oyj
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Massimo Reynaudo
- Full Time Employees
- 15,890
- Sector
- Basic Materials
- Industry
- Paper, Lumber & Forest Products
- Address
- Alvar Aallon katu 1 Helsinki Finland 00100
- IPO Date
- Apr 5, 2010
- Website
- upm.com
- Similar Companies
- Business
- UPM-Kymmene Oyj is a Finnish forest industry company that operates as a material solutions provider focusing on sustainable transformation through renewable feedstocks. The company manufactures and sells a broad range of forest-based products including pulp, paper, plywood, sawn timber, labels, composites, bioenergy, biofuels, and biochemicals. Its business segments comprise UPM Fibres, UPM Energy, UPM Adhesive Materials (formerly UPM Raflatac), UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. UPM serves global markets with a significant presence in Europe, North America, and Asia. It also develops advanced biofuels and biochemicals, notably investing in industrial-scale biorefineries to produce products such as bio-monoethylene glycol (BioMEG), bio-monopropylene glycol (BioMPG), lignin-based renewable fillers, and industrial sugars. Founded in 1996 through mergers and headquartered in Helsinki, Finland, UPM continues to expand and innovate in forest bioindustry solutions. Recent major company changes include a strategic long-term partnership with Versowood, Finland's largest private producer and processor of sawn timber, which strengthens UPM's wood sourcing and aligns sawmill operations between the two companies. As part of this arrangement, UPM is selling its Korkeakoski sawmill and acquiring a minority stake in Versowood. Additionally, UPM Adhesive Materials is expanding its production capacity in North Carolina, USA, implementing new proprietary coating technology to increase output of high-value advanced label materials for markets including pharmaceuticals and industrial sectors. UPM is also advancing the development of new biorefineries, selecting Rotterdam, Netherlands for a potential new facility, further expanding its biofuels business and demonstrating a commitment to sustainable growth and innovation in biomaterials. Overall, UPM-Kymmene delivers diversified forest-based products and sustainable biomaterials with operations spanning Europe, North America, and Asia, backed by recent strategic partnerships, capacity expansions, and ongoing investments in next-generation biorefining technologies.
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