The President of Uruguay, José Mujica, visits UPM’s Biofore House

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(UPM, Helsinki, 16 September 2014 at 14:55 EET) - As part of an official working visit to Finland, Uruguay’s President José Mujica today visited UPM’s Biofore House in Helsinki hosted by UPM’s CEO Jussi Pesonen. In the meeting Jussi Pesonen expressed UPM’s appreciation to the President and the Government of Uruguay for their continuing support for the development of UPM’s operations and the forestry sector in Uruguay.

“UPM considers further industrial development of the Uruguayan forest sector as a positive opportunity and we welcome the invitation to engage in further dialogue with the Government of Uruguay. The current focus of discussions is on the development areas required for further industrial growth, notably the infrastructure for logistics and plantations as well as education to nurture versatile skills and expertise”, says Jussi Pesonen.

For further information:
Jaakko Sarantola, Senior Vice President, UPM Pulp Business, tel.+358 40 707 0221

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Notes to the Editors:

UPM in Uruguay

UPM’s operations in Uruguay include the Fray Bentos pulp mill, the forestry and wood sourcing company UPM Forestal Oriental which has two nurseries, as well as the UPM Foundation, which in cooperation with local organisations contributes to education, entrepreneurship and improving the quality of life through projects focusing on the rural areas where the company operates.

The Fray Bentos pulp mill started operations in 2007 and it is still one of the world’s most modern and efficient pulp mills. Its annual production capacity is 1.3 million tonnes of chemical eucalyptus pulp. Besides pulp, the Fray Bentos mill is a significant biomass based energy producer - its electricity production accounting for 10% of Uruguay’s total energy production. The mill’s wood raw material comes from sustainably managed local plantations.

UPM Forestal Oriental owns about 230,000 hectares of land, of which about 60% is planted with eucalyptus. The rest of the land is protected or is used for forestry-related infrastructure, cattle grazing and other non-plantation operations. All of UPM's forest plantations are certified to FSC® and PEFCTM  standards. About 70% of the Fray Bentos mill’s fibre wood comes from the plantations managed by UPM Forestal Oriental and the rest is supplied by the company’s long term partners.

In Uruguay, UPM has 550 direct employees and employs indirectly around 3,400 people. The value chain of UPM’s Uruguay operations creates altogether 6,400 jobs and its contribution to Uruguay’s GDP is approximately 1.3%.

UPM

Through the integration of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 21,000 people and its annual sales are approximately € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com

UPM Pulp

UPM is one of the world’s leading producers of northern softwood, birch and eucalyptus pulp supplying global customers mainly in the growing end use segments such as tissue, speciality papers and board through its own sales and technical service network close to the customers. UPM Pulp operates four modern pulp mills, three in Finland and one in Uruguay as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people and has an annual pulp production capacity of 3.3 million tonnes. Pulp Business is part of the UPM Biorefining Business Area. To learn more, visit: www.upmpulp.com

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Caption for a photos:

130:
Jose Mujica, the President of Uruguay, testing the Biofore Concept Car during his visit to UPM in Helsinki, Finland. The car is designed with renewable wood materials and is running on renewable wood based diesel.
107: UPM’s CEO Jussi Pesonen (left), and project leader Pekka Hautala of Metropolian University of Applied Sciences  introduced the UPM Biofore Concept Car to Jose Mujica, the President of Uruguay.