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UPM-Kymmene Corporation: Managers' Transactions2017-09-21T14:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160;&#160;&#160;&#160; Managers' Transactions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 21 September 2017 at 17&#58;15 EET</p> <p class="hugin"><b class="hugin">UPM-Kymmene Corporation&#58; Managers' Transactions</b></p> <p class="hugin">UPM-Kymmene Corporation has on 21 September 2017 received the following notification&#58;&#160; </p> <p class="hugin">Person subject to the notification requirement<br class="hugin">Name&#58; Reinikkala, Veli-Matti<br class="hugin">Position&#58; Member of the Board<br class="hugin">Issuer&#58; UPM-Kymmene Corporation<br class="hugin">LEI&#58; 213800EC6PW5VU4J9U64</p> <p class="hugin">Notification type&#58; INITIAL NOTIFICATION<br class="hugin">____________________________________________</p> <p class="hugin">Transaction date&#58; 2017-09-20<br class="hugin">Venue&#58; NASDAQ HELSINKI LTD (XHEL)<br class="hugin">Instrument type&#58; SHARE<br class="hugin">ISIN&#58; FI0009005987<br class="hugin">Nature of the transaction&#58; ACQUISITION</p> <p class="hugin">Transaction Details<br class="hugin">(1)&#58; Volume&#58; 64 Unit price&#58; 22.55000 EUR<br class="hugin">(2)&#58; Volume&#58; 903 Unit price&#58; 22.55000 EUR<br class="hugin">(3)&#58; Volume&#58; 33 Unit price&#58; 22.55000 EUR</p> <p class="hugin">Aggregated transactions<br class="hugin">(3)&#58; Volume&#58; 1,000 Volume weighted average price&#58; 22.55000 EUR</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Labeling a smarter future with UPM Raflatac at Labelexpo Europe 20172017-09-20T08:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 20 September 2017 at 11&#58;00 EET) - UPM Raflatac's experts welcome visitors to Labelexpo Europe on 25-28 September in Brussels. Under the theme '<i class="hugin">Labeling a smarter future'</i>, we will be highlighting our innovative and sustainable label solutions together with the world-class service.</p> <p class="hugin"><b class="hugin">RAFNXT+</b> product range marks the launch of a unique forest positive approach for sustainable labeling. Together with optimized raw material efficiencies, RAFNXT+ creates labeling solutions that delivers sustainability credentials that go way beyond the industry standard.</p> <p class="hugin">The new <b class="hugin">RPMD </b>adhesive range especially targeted for medical device and healthcare industries can be used for products like insulin pens, auto-injectors, inhalers and infusion bags and bottles, as well as blood donation labeling and sterilization pouches. Selected paper and film face materials combined with a new multi-faceted RPMD adhesive have excellent adhesion with a tight mandrel hold on glass and plastic, and are both sterilization resistant and migration safe.</p> <p class="hugin"><b class="hugin">Rafbio PE85</b> film, a sustainable alternative to standard PE film which contains more than 80% renewable plant-based raw material. It's made of sugarcane ethanol and performs just like standard PE film. It is ideal for home and personal care applications and has excellent flexibility for squeezable packaging and contoured containers. &#160;</p> <p class="hugin">With our <b class="hugin">ICE</b> and <b class="hugin">ICE Premium</b> wine label stocks our visitors will have the opportunity to witness extreme resistance to humidity, water and ice. Designed to survive changes in temperature and humidity without peeling, curling, edge lifting or wrinkling, ICE and ICE Premium products ensure that brands are showcased at their finest. </p> <p class="hugin"><b class="hugin">RafMore</b> is a new smart labeling solution for brand promotion, brand protection and logistic applications. RafMore gives each and every labeled product a unique digital identity. The unique codes embedded into the label designs are stored in a cloud database and act as an information channel at every point on the product's journey from creation to consumption. </p> <p class="hugin"><b class="hugin">RafCycle® </b>is the answer to label waste. It is a recycling concept that reuses pressure sensitive label waste to create new materials. RafCycle takes self-adhesive label byproducts that would otherwise be incinerated or landfilled and gives them new life. Visit our stand to witness circular economy in action!</p> <p class="hugin"><b class="hugin">See you in Brussels at our stand 5A05 in Hall 5!</b></p> <p class="hugin">Photos can be downloaded at the <a class="hugin" href="http&#58;//pet.upm.com/l/BRbhrVCkKDVJ" target="_blank">UPM Photo Library » </a></p> <p class="hugin"><b class="hugin">For further information and requests please contact&#58;</b><br class="hugin">Heli Aalto, Senior Manager, Communications, UPM Raflatac, tel. +35 8204150699</p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Think outside the package with UPM Raflatac at Pack Expo Las Vegas2017-09-19T14:00:00Z<p class="hugin">(UPM Raflatac, Mills River, NC, USA, September 19, 2017 at 17&#58;00 EET)&#160;-&#160;At this year's <a class="hugin" href="http&#58;//go.upmraflatac.com/Packexpo2017" target="_blank">Pack Expo in Las Vegas, Nevada,</a> UPM Raflatac is thinking outside the package through innovative technologies designed to educate brand owners on industry-leading packaging decoration methods that can elevate their brands.</p> <p class="hugin">When paired with the right package, high quality label materials help brands stand out on the shelf and grab consumer attention&#160;-&#160;and UPM Raflatac's paper and film products for craft beer, food and beverage to home and personal care containers outshine the rest. Show attendees are invited to visit UPM Raflatac at <b class="hugin">booth 6363 in the Lower South Hall of the Containers and Materials Pavilion</b> see their paper and film materials and sustainable packaging solutions in action!</p> <p class="hugin"><b class="hugin">Labeling a Smarter Future</b><br class="hugin">UPM Raflatac is bringing a set of educational tools that will provide unique, immersive experiences to anyone that wishes to try them.</p> <p class="hugin">The company has partnered with Clemson University to unveil their first-ever <b class="hugin">RafStore Virtual Reality</b> <b class="hugin">tool</b>, which is an interactive consumer shopping experience complete with education, engagement and entertainment. Within the RafStore, players can &quot;shop&quot; virtual store shelves stocked with a variety of beverages and home and personal care items&#160;-&#160;and see for themselves how important the label can be when choosing a product and the capabilities different label materials have at capturing consumers' attention.</p> <p class="hugin">They will also premiere their <b class="hugin">RafMATCH UP game</b>, where booth visitors will have the opportunity to become a certified &quot;Film Superstar&quot; by playing the game and correctly choosing the best film label material for each personal care container type. Players who score high enough on this tablet-based game will win a pair of stylish #FILMSUPERSTAR sunglasses.</p> <p class="hugin">Labels matter and that's why sustainability is at the core of Labeling a Smarter Future. As a part of UPM Raflatac's commitment to sustainability, they will be showcasing Label Life, an environmental life cycle assessment tool that helps customers and end-users understand the impacts of different label materials. </p> <p class="hugin"><b class="hugin">Witness sustainability by design in action</b><br class="hugin">Visit UPM Raflatac's booth to see first-hand the company's commitment to sustainability. Their new <b class="hugin">RW85C wash-off adhesive</b>&#160;-&#160;paired with clear and white film face materials&#160;-&#160;has met the Association of Plastic Recyclers' requirements for PET bottle recycling. UPM Raflatac will be applying some of these labels to bottled water right before your eyes at the booth. </p> <p class="hugin"><b class="hugin">Don't miss us on the Innovation Stage!</b><br class="hugin">Pack Expo attendees are invited to join UPM Raflatac on the Innovation Stage at booth C-1045 on Wednesday, September 27 at 12&#58;00 p.m. to learn about consumer goods packaging trends. In today's world, brand owners are relying on innovative packaging that &quot;sells itself&quot; and helps differentiate their products on the shelf. Package design and decoration are critical factors in attracting consumer attention and encouraging the all-important impulse buy. </p> <p class="hugin">&quot;UPM Raflatac is leading the way in educating brand owners, businesses and customers on the latest trends in the industry and providing them with innovative solutions,&quot; says <b class="hugin">Mark Pollard</b>, Senior Vice President, Global Films SBU &amp; Americas Region, UPM Raflatac. &quot;But we are also educating the future of our industry through our partnership with Clemson University. The students who worked on our Virtual Reality RafStore experience are gaining valuable tools and experience for their packaging-related careers.&quot;</p> <p class="hugin">Be sure to stop by booth 6363 in the Lower South Hall of the Containers and Materials Pavilion to see how UPM Raflatac is thinking outside the package and Labeling a Smarter Future!</p> <p class="hugin"><a class="hugin" href="http&#58;//go.upmraflatac.com/Packexpo2017" target="_blank">Learn more about the immersive experiences and innovative products featured at UPM Raflatac's Pack Expo booth »</a></p> <p class="hugin">Click here to download a hi-res images » <a class="hugin" href="http&#58;//pet.upm.com/l/VqPxhv6-NNw7" target="_blank">http&#58;//pet.upm.com/l/VqPxhv6-NNw7</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b></p> <p class="hugin"><b class="hugin">Scott Sowers</b><br class="hugin"><b class="hugin">Senior Communications Specialist, UPM Raflatac</b><br class="hugin">Mon-Fri 8.00-17.00 ET<br class="hugin">tel. +1 828-275-7261 <br class="hugin"><a class="hugin" href="mailto&#58;scott.sowers@upmraflatac.com" target="_blank">scott.sowers@upmraflatac.com</a> </p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow us on <a class="hugin" href="https&#58;//twitter.com/upmraflatacam" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac expands offering with new innovations for medical device and healthcare labeling2017-09-14T07:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 14 September 2017 at 10&#58;00 EET) - UPM Raflatac has further expanded its range of guaranteed, globally available, and compliant pharmaceutical and healthcare label materials for the medical device and healthcare industries.</p> <p class="hugin">Today there are over 500,000 types of medical and in vitro diagnostic medical devices available in the EU, with a medical device meaning anything from a contact lens or sticking plaster to an x-ray machine or hip replacement component. In vitro diagnostic medical devices include things like HIV blood tests, pregnancy tests, and blood sugar monitoring systems for diabetics. </p> <p class="hugin">The new RPMD (Raflatac Permanent Medical Device) adhesive range includes labeling solutions for drug/device combination products like insulin pens, auto-injectors, and inhalers, as well as blood donation labeling, sterilization pouches for medical devices, and infusion bags and bottles. Combining selected paper and film face materials with an RPMD adhesive ensures excellent adhesion with a tight mandrel hold on glass and plastic, as well as sterilization resistance and migration safety - both common requirements in medical device and healthcare labeling. </p> <p class="hugin">These materials are also compliant with the EU Medical Device Regulations (MDR) and In Vitro Diagnostics Regulations (IVDR) published in May 2017. The Medical Device Directive includes the adoption of a Unique Device Identification (UDI) system to mark and identify medical devices in the healthcare supply chain, with a 2020 implementation deadline. A UDI is a code printed on a label affixed to a device or its packaging, or even directly on the device itself, in both plain text and machine-readable format. A UDI consists of a device identifier (DI) and product identifier (PI), with the PI data varying according to the type of device and the manufacturer's current practice. </p> <p class="hugin">&quot;With our expanded offering for medical device and healthcare applications, including the RPMD adhesive and a selection of FSC and PEFC certified paper faces for pharmaceutical use, we can continue to address the needs of all our customers. These innovative solutions are ideal for the combination product market, which is growing quickly as treatment continues to move away from the hospital and out into the field and the home,&quot; explains <b class="hugin">Markku Pietarinen</b>, Manager, Business Segments &amp; Pharma, Specials EMEIA, UPM Raflatac.</p> <p class="hugin">Read more about <a class="hugin" href="http&#58;//www.upmraflatac.com/emea/en/solutions-and-services/labeling-solutions/pharmaceutical-and-health-care/medical-devices/" target="_blank">labelling solutions for medical devices »</a></p> <p class="hugin">A high-resolution photo can be downloaded from the <a class="hugin" href="http&#58;//pet.upm.com/l/JLpZk_LF8nwh" target="_blank">UPM image bank »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Markku Pietarinen, Manager, Business Segments &amp; Pharma, Specials EMEIA, UPM Raflatac, tel. +358 40&#160;543 4658</p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials.&#160;We supply high-quality paper and film label stock for consumer product and industrial&#160;labelling through a global network of factories, distribution terminals and sales offices.&#160;We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion)&#160;in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac collaborates with Magic Add to launch RafMore smart label solution2017-09-07T07:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 7 September 2017 at 10&#58;00 EET) - UPM Raflatac launches an innovative new solution for brand promotion, protection and logistics applications. Developed in cooperation with cloud-based data and content management experts Magic Add, RafMore combines pressure-sensitive labels and unique machine-readable codes to open up completely new possibilities for product verification and tracking, marketing analytics and consumer engagement.</p> <p class="hugin">RafMore is a smart solution that provides the possibility to give each and every labeled product a unique digital identity. The unique codes embedded into the label designs are stored in a cloud database and act as an information channel at every point on the product's journey from creation to consumption. </p> <p class="hugin">Brands can use this unique digital identity to add value in a variety of ways. For brand promotion, RafMore can be used to boost consumer engagement by providing new ways to tell a brand's story. For example, the code embedded in a label can be linked to digital content that evolves as the consumer journey progresses. RafMore also allows brands to create new service models, accurately track and trace products, improve inventory accuracy, verify authenticity and protect against counterfeiting attempts. </p> <p class="hugin">&quot;RafMore allows brands to unlock the largely untapped potential of the labels attached to their products in a variety of different ways&quot;, says <strong class="hugin">Jan Hasselblatt</strong>, Director, Global Business Development, UPM Raflatac. &quot;RafMore connects each and every labeled product to the web and helps brands gather valuable information that can be used to increase consumer engagement, optimize logistics processes, and protect brand integrity.&quot; </p> <p class="hugin">RafMore will be showcased at Labelexpo Europe 2017 - the world's largest event for the label and package printing industry - in Brussels, Belgium on September 25-28.</p> <p class="hugin">Read more on <a class="hugin" href="http&#58;//www.rafmore.com/" target="_blank">RafMore website »</a></p> <p class="hugin">A high-resolution photo can be downloaded from the <a class="hugin" href="http&#58;//pet.upm.com/l/nMFvzL_bVh9w" target="_blank">UPM image bank »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Jan Hasselblatt, Director, Global Business Development, UPM Raflatac, tel. +358 40 5429735 <br class="hugin">Samuli Manninen, Global Head of RafMore, UPM Raflatac, tel. +358 40&#160;5509897</p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials.&#160;We supply high-quality paper and film label stock for consumer product and industrial&#160;labelling through a global network of factories, distribution terminals and sales offices.&#160;We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion)&#160;in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> <p class="hugin"><b class="hugin">Magic Add</b><br class="hugin">Magic Add Ltd. is creating the Internet of Packaging. Magic Add's technology embeds coding into packaging, which can capture data along the supply chain and provide information to customers. Based in Finland, Magic Add launched its technology and product development in 2011 and has partnered with leading packaging manufacturers, as well as global consumer brands. In addition to marketing, Magic Add has applications in logistics and product authentication, which can be used for process optimisation and to combat a diverse range of issues such as counterfeit goods and food waste. Find out more about the Internet of Packaging at <a class="hugin" href="http&#58;//www.magicadd.com/" target="_blank">www.magicadd.com.</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM listed as the industry leader in the global Dow Jones Sustainability Index 2017-09-07T06:00:00Z<p class="hugin">(UPM, Helsinki, 7 September 2017 at 09.00 EET)&#160; - UPM has been listed as the forest and paper industry leader in the Dow Jones European and World Sustainability Indices (DJSI) for 2017-2018 for the fifth time.</p> <p class="hugin">&quot;Responsibility is one of the key elements of UPM's Biofore strategy. Compliance, integrity and sustainability are strongly guiding everything we do,&quot; says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, UPM Stakeholder Relations. </p> <p class="hugin">&quot;We promote responsible practices throughout the value chain and are active in finding sustainable solutions in co-operation with our customers, suppliers and partners. Creating value for society both as a company and through our products is essential for us,&quot; Harrela continues. </p> <p class="hugin">The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics. </p> <p class="hugin"><img width="346" height="118" class="hugin" src="https&#58;//hugin.info/165629/I/2132134/121388.jpg" alt="" /></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sami Lundgren, Vice President, UPM, Environment and Responsibility, tel. +358 40 580 0910</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About UPM</b></p> <p class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac at drinktec 2017 - Showing the latest trend-setting label advances for wine, spirits and craft beverages 2017-09-06T08:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 6 September 2017 at 11&#58;00 EET) - UPM Raflatac will be present at drinktec 2017 at the Messe München exhibition site in Munich, Germany on 11-15 September 2017. Experts from the global self-adhesive label stock and shrink sleeve supplier will be showing the latest advances in differentiation for wine, spirits and craft beverages. </p> <p class="hugin"><b class="hugin">Brand affinity for craft beverages</b></p> <p class="hugin">Consumer spending on craft beverages is linked to a close affinity with the story behind the brand. UPM Raflatac offers an extensive range of graphic canvases for brands to relate their craft roots with a natural, authentic and distinctive look.</p> <p class="hugin">UPM Raflatac's solutions include tactile and textured papers and foils as well as clear, white, and metallized films. These materials support unique brand stories that move products from shelves to bar tables and shopping baskets.</p> <p class="hugin"><b class="hugin">VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> for cans, shrink sleeves for a 360° sales pitch</b></p> <p class="hugin">The near-invisible VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> label film creates the ultimate 'no-label look' for innovative, high-quality decoration. More than this, it solves the problems associated with large minimum order sizes for pre-printed drink cans and bottles. This makes VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> the ideal solution for outstanding visual branding on craft, limited edition and seasonal beverages. VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> is fully compatible with aluminium can recycling. </p> <p class="hugin">UPM Raflatac will also be highlighting its RafShrink range of shrink sleeve films for 360° product decoration. PETG TDO, TDO PO and MDO sleeve alternatives answer a variety of needs - small order sizes, maximum productivity, superior shelf-appeal and the highest yield of pure PET from bottle recycling.</p> <p class="hugin"><b class="hugin">Ice and Ice Premium&#58; enduring beauty, repeated sales</b></p> <p class="hugin">UPM Raflatac's Ice and Ice Premium wine labeling materials resist bubbling, creasing and edge-lifting in humid wine chillers. Ice Premium products additionally keep their opacity on ice. The label face, inks, varnishes and embellishments look solid and vibrant to the very last drop, stimulating repeated sales.</p> <p class="hugin">&quot;At drinktec 2017, UPM Raflatac is right on trend to help designers, printers and brand owners set the trend,&quot; emphasizes <b class="hugin">Jay Betton</b>, Segment Manager for Wine, Spirits &amp; Craft Beverage, UPM Raflatac EMEIA. &quot;In the competitive beverage sector, our paper and film label materials as well as shrink films introduce a look and feel that differentiates one bottled beverage from numerous others similar in size, shape, and colour. Our VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> film now makes it possible to label aluminium cans without impacting the recycling process. And compared to pre-printed cans, VANISH<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> allows craft brewers to produce smaller batches, limited or seasonal editions and event-specific messages. We've also delivered the added value that premium wine brands are looking for, with the enduring premiumization made possible by our beautiful Ice and Ice Premium labelstocks.&quot;</p> <p class="hugin">Meet our labelling experts at <a class="hugin" href="http&#58;//www.drinktec.com/" target="_blank">drinktec 2017</a> in <b class="hugin">Hall A2, Stand No.10</b>!</p> <p class="hugin">Photos can be downloaded at the <a class="hugin" href="http&#58;//upm.emmi.fi/l/LpfS7gWsW_Kf" target="_blank">UPM Photo Library »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Jay Betton, Segment Manager Wine, Spirits &amp; Craft Beverage, UPM Raflatac, tel. +44 7774 600690</p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac introduces new Dissolving Paper material for transport and logistics applications2017-09-05T07:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 5 September 2017 at 10&#58;00 EET) - UPM Raflatac is expanding its range of transport and logistics labeling solutions for the European market with a new dissolving label material that is suitable for direct thermal printing. The new Dissolving Paper Thermal Eco and the existing Dissolving Paper Plus are both ideal for applications where labels need to be removed quickly without an additional washing process and without leaving any paper waste or adhesive residue.</p> <p class="hugin">Short-term labeling solutions are used in a variety of logistics and transport applications, particularly where containers are labeled and used multiple times. Some typical examples are recyclable crates and airline meal trays. </p> <p class="hugin">Dissolving Paper Thermal Eco is designed for direct thermal printing and can be considered as BPA and BPS free. Both Dissolving Paper Plus and Dissolving Paper Thermal Eco dissolve quickly, even in cold water, without requiring any additional washing processes. The labeled surface is left clean of residue, and because the paper face and adhesive dissolve completely there is no risk of filters or drains becoming clogged with waste. </p> <p class="hugin">&quot;Removing labels without leaving residue behind and dealing with waste can often be a challenge in applications where reusable containers or packages are used but there is no separate washing process in place,&quot; says <b class="hugin">Jouni Iiskola,</b> Segment Manager, Logistics, UPM Raflatac. &quot;Dissolving Paper Plus and Dissolving Paper Thermal Eco are specifically designed for these types of situations as the labels dissolve quickly, even in cold water.&quot;</p> <p class="hugin"><a class="hugin" href="http&#58;//www.upmraflatac.com/emea/en/solutions-and-services/labeling-solutions/transport-and-logistics" target="_blank">Discover more about our full range of label materials for transport and logistics applications »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Jouni Iiskola, Segment Manager, Logistics, UPM Raflatac, Specials, tel. +358&#160;204&#160;168&#160;193</p> <p class="hugin">High resolution image can be downloaded at <a class="hugin" href="http&#58;//pet.upm.com/l/Zggf6SsTwDZz" target="_blank">UPM Image bank.</a></p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials.&#160;We supply high-quality paper and film label stock for consumer product and industrial&#160;labelling through a global network of factories, distribution terminals and sales offices.&#160;We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion)&#160;in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Working toward a more sustainable future in packaging design: UPM Raflatac joins Sustainable Packaging Coalition2017-08-17T14:00:00Z<p class="hugin">&#160;(UPM Raflatac, Mills River, NC, USA, August 17, 2017 at 17&#58;00 EET) - UPM Raflatac, a global leader in the production of self-adhesive labeling solutions, has reinforced its commitment to building a more sustainable world by joining the Sustainable Packaging Coalition<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">®</sup> (SPC). The SPC is a membership-based collaborative led by an independent non-profit that believes in the power of industry to make packaging more sustainable. UPM Raflatac joins more than 200 member companies, government officials and academic institutions. UPM Raflatac will also sponsor The SPC's upcoming SPC Advance conference in Pittsburgh this October.</p> <p class="hugin">Through strong member support, an informed and science-based approach, supply chain collaborations and continuous outreach, the SPC endeavors to build packaging systems that encourage economic prosperity and a sustainable flow of materials. Sustainability is one of the key drivers of UPM Raflatac's product development - the company's labels are sustainable by design. UPM Raflatac supports environmental responsibility throughout the entire label lifecycle, from raw material sourcing to end-of-life treatment like recycling.</p> <p class="hugin">&quot;Having a full scope of the considerations that go into making more sustainable packaging is vital,&quot; says <b class="hugin">Nina Goodrich</b>, Executive Director, Sustainable Packaging Coalition. &quot;We look forward to having another voice and perspective within the coalition.&quot; </p> <p class="hugin">&quot;We are honored to join the Sustainable Packaging Coalition,&quot; says <b class="hugin">Tyler Matusevich</b>, Senior Sustainability Specialist, Americas, UPM Raflatac. &quot;At UPM Raflatac, we leverage our in-house expertise, technology and capabilities to assess the environmental impacts of the label products we manufacture, and by joining this group featuring like-minded brand owners and manufacturers, we can work together for a more sustainable world in packaging design.&quot;</p> <p class="hugin">Labels matter and they can have a significant influence on the sustainability of packaging. That's why UPM Raflatac aims to be the pressure-sensitive label industry's sustainability leader and partner of choice.&#160;&#160;&#160; </p> <p class="hugin"><a class="hugin" href="http&#58;//go.upmraflatac.com/sustainabilityamericas" target="_blank">Learn more about UPM Raflatac's sustainability initiatives »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Tyler Matusevich, Senior Sustainability Specialist, UPM Raflatac, tel. +1-828-318-7871, <a class="hugin" href="mailto&#58;tyler.matusevich@upmraflatac.com" target="_blank">tyler.matusevich@upmraflatac.com</a> </p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow us on <a class="hugin" href="https&#58;//twitter.com/upmraflatacam" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> <p class="hugin"><b class="hugin">The Sustainable Packaging Coalition</b><br class="hugin"> The Sustainable Packaging Coalition is a membership-based collaborative led by an independent non-profit that believes in the power of industry to make packaging more sustainable. Using an objective life-cycle-based approach, we work in a constructive atmosphere to provide thought leadership and bring our members together to strengthen and advance the business case for more sustainable packaging. Learn more at sustainablepackaging.org.</p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac's new Raflex MDO film plays integral role in Clemson University's Phoenix Challenge Foundation entry2017-08-11T14:00:00Z<p class="hugin">(UPM Raflatac, Mills River, NC, USA, August 11, 2017 at 17&#58;00 EET) - At this year's Phoenix Challenge Foundation college competition promoting the flexographic printing industry, Clemson University utlilized UPM Raflatac's new Raflex MDO film labels as part of their team's successful entry. Partnerships with local manufacturers are very important to the university, and with two UPM Raflatac factories less than 100 miles from Clemson's campus, collaboration has never been easier. Raflex MDO films balance the best performance properties of PP and PE for maximum functionality and shelf appeal, which was key to the team's entry.</p> <p class="hugin">Each year, participating teams are given a prompt and must work with a client/partner to fit into their packaging and promotional needs using flexography. In this year's challenge, Clemson's client/partner was the Flexographic Technical Association (FTA). Clemson's goal was to promote the FTA to younger generations and reinforce their scholarship program. </p> <p class="hugin">For their final submission, the Clemson team produced a multi-piece, mid-century modern &quot;recruiting kit&quot; featuring fictional character, &quot;Capability Brown.&quot; All of the elements within the kit are items that Capability interacted with while preparing for a job interview, including a shampoo bottle with a retro-looking, double-sided label printed on UPM Raflatac's Raflex MDO conformable film label material. </p> <p class="hugin">Raflex MDO films are ideal for thicker-width bottles - like the ones chosen for Clemson's kit - and those that require a full squeeze at the bottom of the bottle. Available in both clear and white with RP74 adhesive, Raflex MDO films are suitable for a variety of end-uses, including food, beverage and personal care. </p> <p class="hugin">&quot;UPM Raflatac's Raflex MDO film materials were a really nice addition to our Capability Brown recruiting kit,&quot; says <b class="hugin">Becky Bunch</b>, a Graphic Communications graduate student at Clemson University and participant in the 2017 Phoenix Challenge. &quot;The labels gave us great performance on-press, conformed perfectly to the curves of the shampoo container without warping or creasing, and really helped our unique label designs stand out on that bottle. Thanks to their high-quality top-coating, these materials had excellent ink reception, and the graphics definitely popped.&quot; </p> <p class="hugin">&quot;We were honored that Clemson chose to use our new Raflex MDO film label materials for their Phoenix Challenge Foundation entry,&quot; says <b class="hugin">Fernando Giron</b>, Marketing Manager, Global Films, UPM Raflatac. &quot;We enjoy working with the next generation at Clemson on a variety of on-going projects and preparing them with the knowledge and tools they need to enter our industry.&quot;</p> <p class="hugin"><a class="hugin" href="http&#58;//bit.ly/2wOSRYl" target="_blank">Please click here to read more about how UPM Raflatac's Raflex MDO film was a key player in Clemson University's Phoenix Challenge entry.</a></p> <p class="hugin"><a class="hugin" href="http&#58;//go.upmraflatac.com/Raflex-MDO-lift-up" target="_blank">Learn more about UPM Raflatac's new Raflex MDO films »</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Fernando Giron, Marketing Manager, Global Films, UPM Raflatac, <a class="hugin" href="mailto&#58;fernando.giron@upmraflatac.com" target="_blank">fernando.giron@upmraflatac.com</a></p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow us on <a class="hugin" href="https&#58;//twitter.com/upmraflatacam" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a><b class="hugin"> | </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Raflatac expands its presence in the United States by acquiring the assets of Texas-based Southwest Label Stock2017-08-07T14:00:00Z<p class="hugin">(UPM Raflatac, Helsinki, 7 August 2017 at 17&#58;00 EET)&#160;-&#160;UPM Raflatac, one of the world's leading suppliers of self-adhesive label materials, has completed its acquisition of the assets of Irving, Texas-based Southwest Label Stock. Both parties have agreed not to disclose the purchase price or other transaction details. &#160;&#160;</p> <p class="hugin">This acquisition will allow UPM Raflatac to expand its reach in the Texas and the Southwestern U.S. label markets by being highly responsive and offering a wider range of its high-quality products with fast turnaround.&#160;</p> <p align="justify" class="hugin">UPM Raflatac is also excited to announce a continuation and expansion of Southwest Label Stock's well-known small roll service. With this service, UPM Raflatac customers will be able to purchase single rolls of laminate trimless at 2,500 feet, shipped in boxes throughout North America.</p> <p class="hugin">&quot;This acquisition will allow us to continue to build on the success we have had in this market since entering into partnership with Southwest Label Stock. We pride ourselves on offering the highest quality products on the market and best-in-class service to our customers and look forward to new growth opportunities,&quot; says <b class="hugin">Mark Pollard</b>, Senior Vice President, Global Films SBU &amp; Americas Region, UPM Raflatac.</p> <p class="hugin">&quot;We are pleased to become part of the UPM Raflatac network. I strongly believe that by combining our knowledge and capabilities with UPM Raflatac's experience, we can provide even stronger benefits to our customers,&quot; says <b class="hugin">Dave Deibel</b>, President, Southwest Label Stock.&#160; </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Mark Pollard, Senior Vice President, Global Films SBU &amp; Americas Region, UPM Raflatac</p> <p class="hugin"><b class="hugin">Scott Sowers</b><br class="hugin"><b class="hugin">Senior Communications Specialist, UPM Raflatac</b><br class="hugin">Mon-Fri 9.00-16.00 ET<br class="hugin">tel. +1 828-275-7261 <br class="hugin"><a class="hugin" href="mailto&#58;scott.sowers@upmraflatac.com" target="_blank">scott.sowers@upmraflatac.com</a> </p> <p class="hugin"><b class="hugin">UPM Raflatac </b><br class="hugin">UPM Raflatac is one of the world's leading producers of self-adhesive label materials. We supply high-quality paper and film label stock for consumer product and industrial labelling through a global network of factories, distribution terminals and sales offices. We employ around 3,000 people and made sales of EUR 1.4 billion (USD 1.5 billion) in 2016. UPM Raflatac is part of UPM - The Biofore Company. Find out more at <a class="hugin" href="http&#58;//www.upmraflatac.com" target="_blank">www.upmraflatac.com</a>.</p> <p class="hugin">Follow UPM Raflatac on <a class="hugin" href="https&#58;//twitter.com/upm_raflatac" target="_blank">Twitter</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-raflatac" target="_blank">LinkedIn</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.facebook.com/upmraflatac" target="_blank">Facebook</a> <b class="hugin">|</b> <a class="hugin" href="https&#58;//www.youtube.com/user/upmraflatac" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmraflatac/" target="_blank">Instagram</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> <b class="hugin">| </b><a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a> </p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Madison Paper Industries concluded the sale of its hydro power facilities in North America to Eagle Creek Renewable Energy2017-08-01T05:30:00Z<p class="hugin">(UPM, Helsinki, 1 August 2017 at 8&#58;30 EET) - Madison Paper Industries, a partnership of UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company, concluded the sale of its hydro power facilities to Eagle Creek Renewable Energy, LLC, a hydroelectric power producer, based in Morristown, NJ, USA on 31 July 2017.</p> <p class="hugin"><a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/Madison-Paper-Industries-to-sell-its-hydro-power-facilities-in-North-America-to--001-Tue-18-Apr-2017-10-03.aspx" target="_blank">The transaction was announced by Madison Paper Industries in April 2017.</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Ruud van den Berg, Senior Vice President, Magazines, Merchants &amp; Office, UPM Paper ENA tel. +49 151 1215 8310<br class="hugin">Bernard H. Cherry, CEO, Eagle Creek Renewable Energy, LLC, tel. +1 973 998 8400,&#160;&#160;<a class="hugin" href="http&#58;//www.eaglecreekre.com/" target="_blank">www.eaglecreekre.com</a></p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About Eagle Creek</b><br class="hugin">Eagle Creek Renewable Energy is an owner, operator and developer of hydroelectric power projects. Eagle Creek's projects provide clean energy to electricity consumers in North America while providing recreational opportunities and protecting historical resources and the&#160; environment. Eagle Creek was founded in 2010 to acquire, enhance, and operate small to medium hydroelectric power facilities. Eagle Creek currently owns and operates a portfolio of over 200 MW of hydroelectric facilities across the United States. Eagle Creek is a privately owned entity with its largest investors being Power Energy Eagle Creek and Hudson Clean Energy Partners.</p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About Madison Paper Industries</b><br class="hugin">Madison Paper Industries is a partnership of UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company.</p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. More about UPM Paper ENA and its products at <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin" style="border-style&#58;none;">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM concluded the sale of its hydro power facilities in Steyrermühl to Energie AG2017-08-01T05:30:00Z<p class="hugin">(UPM, Helsinki, 1 August 2017 at 08&#58;30 EET) - UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.</p> <p class="hugin"><a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/UPM-to-sell-its-hydro-power-facilities-in-Steyrerm%c3%bchl-to-Energie-AG-001-Thu-30-Mar-2017-08-33.aspx" target="_blank">The transaction was announced in March 2017.</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Rainer Häring, Director Energy, Western Europe, UPM Paper ENA, tel. +49 173 9001470<br class="hugin">Michael Frostel MSc, Energie AG, Upper Austria, tel. +43 5 9000 3993<br class="hugin">Wolfgang Denk MSc, Energie AG, Upper Austria, tel. +43 5 9000 3569</p> <p class="hugin"><b class="hugin">For local information, please contact&#58;</b><br class="hugin">Ernst Spitzbart, General Manager, UPM Steyrermühl, tel. +43 7613 8900 359</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About EAG</b><br class="hugin">The Energie AG is the number one infrastructure group in Upper Austria. With their specialized business segments and subsidiary companies EAG works in the fields of energy, water and waste disposal, both in Austria and abroad. Thanks to the close cooperation among the business segments, the companies of the group and the holdings, EAG is able to offer their customers a wide range of high-quality products and services.</p> <p class="hugin"><b class="hugin">About UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. More about UPM Paper ENA and its products at <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Next milestone achieved in sustainability - EU Ecolabel available for all UPM graphic paper grades2017-07-31T11:00:00Z<p class="hugin">(UPM, Helsinki, 31 July 2017 at 14&#58;00 EET) - Following its Biofore approach, UPM Paper ENA has reached the next significant milestone in the company's sustainability journey, as now all its mills produce papers that are awarded with the EU Ecolabel. The UPM Hürth paper mill completed the full range on June 5th, when its products received the EU Ecolabel certificate. The mill achieved the needed reduction in emissions by switching to more sustainable sources of energy.</p> <p class="hugin">&quot;Being able to provide our customers with EU Ecolabel awarded products from all of our mills is a great achievement, which we can be proud of,&quot; says <b class="hugin">Päivi Rissanen</b>, Sustainability Director, UPM Paper ENA. &quot;The EU Ecolabel criteria covers all relevant environmental aspects and is a good proof of solid sustainability performance.&quot;</p> <p class="hugin">The EU Ecolabel covers the product's whole lifecycle, which makes it the broadest ecolabel available on the market. Showcasing the EU Ecolabel printed on a paper product is a reliable and widely recognized way for UPM customers to express their commitment to sustainability. UPM has had the most comprehensive offering of papers carrying the EU Ecolabel in the paper industry, with the recent addition further strengthening this position - the label is now available for over 200 UPM Paper ENA products.</p> <p class="hugin">All environmental and social responsibility certificates of UPM papers including mill-specific EU Ecolabel certificates can be found in the UPM <a class="hugin" href="http&#58;//www.upmpaper.com/sustainability/certificate-finder/Pages/Default.aspx" target="_blank">Certificate Finder</a>.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Päivi Rissanen, Director, Sustainability, UPM Paper ENA, <a class="hugin" href="mailto&#58;paivi.rissanen@upm.com" target="_blank">paivi.rissanen@upm.com</a></p> <p class="hugin"><strong class="hugin">UPM, Media Relations</strong><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Paper ENA<br class="hugin"></b>UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM's good performance and favourable market demand continued2017-07-25T06:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160;&#160;&#160;&#160; Half year financial report &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;25 July 2017 at 9&#58;15 EET</p> <p class="hugin"><b class="hugin">UPM's good performance and favourable market demand continued</b></p> <p class="hugin"><b class="hugin">Q2 2017 highlights</b></p> <ul class="hugin"> <li class="hugin"> <div class="hugin">Comparable EBIT increased by 2% to EUR 270 million (264 million in Q2 2016).</div> </li> <li class="hugin"> <div class="hugin">Favourable market demand continued.</div> </li> <li class="hugin"> <div class="hugin">High maintenance activity and seasonally higher fixed costs impacted comparable EBIT by approximately EUR -20 million compared with Q2 2016, EUR -45 million compared with Q1 2017.</div> </li> <li class="hugin"> <div class="hugin">Solid operating cash flow at EUR 269 million (434 million).</div> </li> <li class="hugin"> <div class="hugin">Net debt decreased to EUR 1,046 million (1,876 million).</div> </li> <li class="hugin"> <div class="hugin">UPM announced new focused investments at the Kaukas pulp mill and Tampere labelstock factory.</div> </li> </ul> <p class="hugin"><b class="hugin">H1 2017 highlights</b></p> <ul class="hugin"> <li class="hugin"> <div class="hugin">Comparable EBIT increased by 5% to EUR 575 million (545 million in H1 2016).</div> </li> <li class="hugin"> <div class="hugin">Five business areas increased their comparable EBIT.</div> </li> <li class="hugin"> <div class="hugin">Growth initiatives contributed to the comparable EBIT growth.</div> </li> <li class="hugin"> <div class="hugin">Successful mitigation of raw material cost pressures.</div> </li> <li class="hugin"> <div class="hugin">Strong operating cash flow at EUR 665 million (775 million).</div> </li> <li class="hugin"> <div class="hugin">UPM announced divestments of hydropower assets in Germany, Austria and the US.</div> </li> </ul> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> <b class="hugin">Key figures</b> </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q2/2017 </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q2/2016 </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q1/2017 </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q1-Q2/2017 </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q1-Q2/2016 </td> <td align="center" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;"> Q1-Q4/2016 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Sales, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 2,464 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 2,445 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 2,482 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 4,946 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 4,891 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 9,812 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Comparable EBITDA, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 349 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 385 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 405 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 755 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 788 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,560 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> &#160; % of sales </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 14.2 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 16.3 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.3 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 16.1 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.9 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Operating profit, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 269 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 262 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 312 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 581 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 539 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,135 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Comparable EBIT, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 270 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 264 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 305 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 575 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 545 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,143 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> &#160; % of sales </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.0 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 12.3 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.6 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.1 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.6 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Profit before tax, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 258 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 250 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 299 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 557 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 513 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,080 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> &#160; Comparable profit before tax, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 258 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 252 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 291 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 550 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 519 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,089 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Profit for the period, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 205 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 198 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 240 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 444 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 425 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 880 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Comparable profit for the period, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 205 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 200 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 234 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 440 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 425 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 879 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Earnings per share (EPS), EUR </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.38 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.37 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.45 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.83 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.80 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.65 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> &#160; Comparable EPS, EUR </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.39 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.37 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.44 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.82 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.79 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.65 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Return on equity (ROE), % </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.2 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.1 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.9 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.9 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.9 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Comparable ROE, % </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.2 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.2 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.6 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.9 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.9 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Return on capital employed (ROCE), % </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 9.9 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 12.0 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.2 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.0 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.5 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Comparable ROCE, % </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.8 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.0 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.7 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 11.1 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.1 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10.6 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Operating cash flow, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 269 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 434 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 396 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 665 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 775 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,686 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Operating cash flow per share, EUR </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.50 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.81 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.74 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.25 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.45 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 3.16 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Equity per share at end of period, EUR </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.14 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 14.36 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 14.92 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.14 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 14.36 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 15.43 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Capital employed at the end of period, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 9,965 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10,403 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 9,919 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 9,965 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10,403 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 10,657 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Net debt at the end of period, EURm </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,046 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,876 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 807 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,046 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,876 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1,131 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Net debt to EBITDA (last 12 m.) </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.68 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.25 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.52 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.68 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 1.25 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 0.73 </td> </tr> <tr class="hugin"> <td bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> Personnel at the end of period </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 20,096 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 20,711 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 19,301 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 20,096 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 20,711 </td> <td align="right" bgcolor="#F2F2F2" class="hugin" style="border-style&#58;none;" valign="bottom"> 19,310 </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">Jussi Pesonen, President and CEO, comments on the Q2 result&#58;</b></p> <p class="hugin">&quot;UPM's comparable EBIT continued on an increasing track in Q2 despite clearly higher maintenance activity during the quarter. Operating cash flow was solid at EUR 269 million and net debt decreased to EUR 1,046 million.</p> <p class="hugin">Market demand was good and delivery growth continued in most businesses during the quarter. As expected, the higher maintenance activity resulted in temporarily higher fixed costs and lower operational efficiency. Moderate cost inflation continued but was mitigated by our own cost reduction measures and targeted price increases. Overall business conditions were favourable resulting in good performance.</p> <p class="hugin">UPM Biorefining benefitted from higher pulp prices, strong pulp demand and improved operational performance in UPM Biofuels. Profitability improved despite the maintenance shutdown at the UPM Pietarsaari pulp mill. UPM Raflatac and UPM Plywood maintained strong profitability and continued to show solid sales growth. UPM Specialty Papers achieved an excellent result. Thanks to the new specialty paper machine at UPM Changshu we have been able to grow the release liner business and improve our product mix even faster than expected. </p> <p class="hugin">UPM Paper ENA achieved a satisfactory result in the quarter most impacted by seasonal factors. Demand decline in Europe remained moderate. UPM Energy suffered from poor hydrological availability and prolonged maintenance activity at Olkiluoto power plant in Finland. As a result, power generation was exceptionally low during the quarter.</p> <p class="hugin">The focused growth projects over the recent years have been highly successful and have contributed to our profits and returns well. During the second quarter we introduced two further focused investments&#58; the Kaukas pulp mill efficiency and competitiveness improvement in Lappeenranta and the UPM Raflatac specialty labels expansion in Tampere, both of which are in Finland. </p> <p class="hugin">When it comes to longer-term growth, the discussions continue with the Government of Uruguay concerning infrastructure development and other local prerequisites for a potential pulp mill investment.</p> <p class="hugin">2017 has started well for us. Five out of our six businesses improved their performance during the first half of the year. Our businesses are performing well, and our cash flow and balance sheet enable us to distribute attractive dividend and simultaneously invest in profitable growth. We look confidently into the future and our opportunities for creating value from bioeconomy.&quot;</p> <p class="hugin"><b class="hugin">Outlook for 2017</b></p> <p class="hugin">UPM's profitability improved significantly in 2016 and is expected to continue on a good level in 2017.</p> <p class="hugin">Demand growth is expected to continue for most of UPM's businesses, while demand decline is expected to continue for UPM Paper ENA. The focused growth projects continue to contribute gradually to UPM's performance.</p> <p class="hugin">Following a deflationary environment in recent years, 2017 is expected to show modest input cost inflation. UPM will continue measures to reduce fixed and variable costs to mitigate this.</p> <p class="hugin">Q3 2017 is expected to include significantly less maintenance activity than Q2 2017 in UPM Biorefining, UPM Paper ENA and UPM Energy.</p> <p class="hugin"><b class="hugin">Webcast and press conference</b></p> <p class="hugin">UPM's President and CEO Jussi Pesonen will present the financial results in a webcast and a conference call for analysts and investors, held in English language, today at 13&#58;15 EET.</p> <p class="hugin">Later in the afternoon, Jussi Pesonen will present the results in a press conference held in Finnish language at the UPM Group Head Office (The Biofore House) in Helsinki, Alvar Aallon katu 1, at 14&#58;30 EET.</p> <p class="hugin"><b class="hugin">Webcast and conference call details&#58;</b></p> <p class="hugin">The conference call can be participated in either by dialling a number in the list below or following the webcast online at <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a> or through <a class="hugin" href="https&#58;//upm.videosync.fi/2017-07-25-q2" target="_blank">this link.</a> </p> <p class="hugin">Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online. We recommend that participants start dialling in 5-10 minutes prior to the event in order to ensure a timely start of the webcast.</p> <p class="hugin">The presentation is available at <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a> for 12 months after the call.</p> <p class="hugin">Conference call title&#58; <b class="hugin">UPM's Half Year Financial Report 2017</b></p> <p class="hugin"><b class="hugin">Direct telephone numbers&#58;</b></p> <p class="hugin">BE&#58; +3224040635<br class="hugin">DK&#58; +45 823 331 78<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">FI&#58; +358981710495<br class="hugin">UK&#58; +442031940552<br class="hugin">NO&#58; +4723500211<br class="hugin">SE&#58; +46856642702<br class="hugin">US&#58; +18557161597</p> <p class="hugin"><b class="hugin">International telephone numbers with a pin code 65321220#</b></p> <p class="hugin">AU&#58; +61 29253 5844<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">AT&#58; +43 19282 258<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">CH&#58; +44 44580 0083<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">CN&#58; +86 400 681 5421<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">DE&#58; +49 030 221 510 067<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">ES&#58; +34 911 143 608<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">FR&#58; +332 9092 0977<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">HK&#58; +852 3068 9834<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">IN&#58; 0018038524634<br class="hugin">IR&#58; +353 1696 8154<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">IT&#58; +39 2 3604 6798<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">JP&#58; +81 3 4455 9554<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">NL&#58; +31 20 716 8427<a class="hugin" href="#">&#160; &#160;</a><br class="hugin">SP&#58; +65 6307 7610<a class="hugin" href="#">&#160; &#160;</a></p> <p class="hugin">**</p> <p class="hugin">It should be noted that certain statements herein, which are not historical facts, including, without limitation, those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by &quot;believes&quot;, &quot;expects&quot;, &quot;anticipates&quot;, &quot;foresees&quot;, or similar expressions, are forward-looking statements. Since these statements are based on current plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Such factors include, but are not limited to&#58; (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies therein including the availability and cost of production inputs, continued success of product development, acceptance of new products or services by the Group's targeted customers, success of the existing and future collaboration arrangements, changes in business strategy or development plans or targets, changes in the degree of protection created by the Group's patents and other intellectual property rights, the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the Group's products and the pricing pressures thereto, financial condition of the customers and the competitors of the Group, the potential introduction of competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group's principal geographic markets or fluctuations in exchange and interest rates. The main earnings sensitivities and the group's cost structure are presented on page 115 of the 2016 Annual Report. Risks and opportunities are discussed on pages 22-23 and risks and risk management are presented on pages 98-99 of the report.</p> <p class="hugin">**</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<a class="hugin" href="#">&#160; &#160;</a><br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> <p class="hugin"><b class="hugin">UPM</b> presents certain performance measures of performance, financial position and cash flows, which are alternative performance measures in accordance with the guidance issued by the European Securities and Markets Authority (ESMA). The definitions of alternative performance measures are presented in notes to the consolidated financial statements in UPM Annual Report.</p> <p><a href="http&#58;//hugin.info/165629/R/2122728/809472.pdf" target="_blank">UPM Half Year Financial Report 2017</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Invitation to UPM's press conference and webcast on half year financial report 20172017-07-18T07:00:00Z<p class="hugin">(UPM, Helsinki, 18 July 2017 at 10&#58;00 EET) - UPM will publish its half year 2017 financial report on 25 July 2017 at 09&#58;30-10&#58;00 EET. The report will be available on the company's website at <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a> after publishing.</p> <p class="hugin">UPM's President and CEO <b class="hugin">Jussi Pesonen</b> will present the financial results in a webcast and a conference call for analysts and investors, held in English language, on 25 July 2017 at 13&#58;15 EET.</p> <p class="hugin">Later in the afternoon, Jussi Pesonen will present the results in a press conference held in Finnish language at the UPM Group Head Office (The Biofore House) in Helsinki, Alvar Aallon katu 1, at 14&#58;30 EET.</p> <p class="hugin"><b class="hugin">Webcast and conference call details&#58;</b></p> <p class="hugin">The conference call can be participated in either by dialling a number in the list below or following the webcast online at <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a> or through <a class="hugin" href="https&#58;//upm.videosync.fi/2017-07-25-q2" target="_blank">this link.</a> </p> <p class="hugin">Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online. We recommend that participants start dialling in 5-10 minutes prior to the event in order to ensure a timely start of the webcast.</p> <p class="hugin">The presentation is available at <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a> for 12 months after the call.</p> <p class="hugin">Conference call title&#58; <b class="hugin">UPM's Half Year Financial Report 2017</b></p> <p class="hugin"><b class="hugin">Direct telephone numbers&#58;</b></p> <p class="hugin">BE&#58; +3224040635<br class="hugin">DK&#58; +45 823 331 78<br class="hugin">FI&#58; +358981710495<br class="hugin">UK&#58; +442031940552<br class="hugin">NO&#58; +4723500211<br class="hugin">SE&#58; +46856642702<br class="hugin">US&#58; +18557161597</p> <p class="hugin"><b class="hugin">International telephone numbers with a pin code 65321220#</b></p> <p class="hugin">AU&#58; +61 29253 5844<br class="hugin">AT&#58; +43 19282 258<br class="hugin">CH&#58; +44 44580 0083<br class="hugin">CN&#58; +86 400 681 5421<br class="hugin">DE&#58; +49 030 221 510 067<br class="hugin">ES&#58; +34 911 143 608<br class="hugin">FR&#58; +332 9092 0977<br class="hugin">HK&#58; +852 3068 9834<br class="hugin">IN&#58; 0018038524634<br class="hugin">IR&#58; +353 1696 8154<br class="hugin">IT&#58; +39 2 3604 6798<br class="hugin">JP&#58; +81 3 4455 9554<br class="hugin">NL&#58; +31 20 716 8427<br class="hugin">SP&#58; +65 6307 7610</p> <p class="hugin"><b class="hugin">For more information, please contact&#58;</b></p> <p class="hugin"><b class="hugin">UPM, Investor Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 20 415 0033<br class="hugin"><a class="hugin" href="mailto&#58;ir@upm.com" target="_blank">ir@upm.com</a></p> <p class="hugin"><b class="hugin">UPM, Media Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM launches an exclusive magazine paper for CSWO printing2017-07-13T08:00:03Z<p class="hugin">(UPM, Helsinki, 13 July 2017 at 11&#58;00 EET) - UPM, the world's leading paper manufacturer, has launched a new innovation, UPM Impresse plus C, a pioneering SC paper custom-developed for coldset web offset printing. UPM Impresse plus C offers a smoother, glossier finish and a unique, magazine-quality result that sets new benchmarks in CSWO printing.</p> <p class="hugin">The velvety finish and appealing texture enable superior-quality print reproduction characterised by intense colours and rich contrasts. This new innovation opens up a whole new range of business opportunities for CSWO printers, whilst also enabling more efficient utilization of press capacity.</p> <p class="hugin"><img alt="" class="hugin" height="85" id="Picture 3" src="https&#58;//hugin.info/165629/I/2120191/119747.jpg" width="128" /></p> <p class="hugin"><b class="hugin">Brighter, smoother and finer</b><br class="hugin">&quot;Customers with coldset presses told us they needed to make better use of their capacity and expand into new areas of commercial printing but they couldn't compete with the quality of heatset and rotogravure printers,&quot; explains <b class="hugin">Olli Juntunen</b>, Product Manager at UPM Jämsä River Mills in Finland. </p> <p class="hugin">&quot;We realized this called for a new, innovative product. Working closely with our customers, we devoted two years to extensive research and development until we were confident that UPM Impresse plus C met their exact requirements. The silky finish and smooth feel are exceptional.&quot;</p> <p class="hugin"><b class="hugin">Minimum resetting, maximum value</b><br class="hugin">For printers looking to stand out from the competition with commercial titles, inserts, value-added advertising and special-interest supplements, this revolutionary SC paper offers a cost-effective way of expanding their core business with minimum outlay.</p> <p class="hugin">UPM Impresse plus C is offered in three grammages&#58; 48 g/m², 51 g/m² and 54 g/m². Although special press settings are not strictly required for higher-quality results, UPM offers straightforward press/post-press recommendations for the best possible print quality.</p> <p class="hugin">For more on UPM Impresse plus C, please visit <a class="hugin" href="http&#58;//www.upmpaper.com/impresseplusc" target="_blank">www.upmpaper.com/impresseplusc</a>. Our sales experts are looking forward to your call.</p> <p class="hugin">For technical specifications, see our <a class="hugin" href="http&#58;//assets-upmpaper.upm.com/Shared%20Documents/downloads/UPM_Impresse_plus_C_EN.pdf" target="_blank">Fact Sheet</a>.</p> <p class="hugin">UPM Impresse Plus C is the latest world-class product launched by UPM this summer, following the <a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/Faster%2c-smarter-paper-purchasing-with-UPM%27s-new-eOrder-service-001-Fri-30-Jun-2017-06-12.aspx" target="_blank">eOrder service</a> and ground-breaking <a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/UPM-launches-a-new%2c-economical-solution-for-the-thin-print-market-001-Thu-22-Jun-2017-14-03.aspx" target="_blank">UPM EcoLite</a> paper.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Matthias Reh, Director, Product Portfolio, News &amp; Retail, UPM Paper ENA, <a class="hugin" href="mailto&#58;matthias.reh@upm.com" target="_blank">matthias.reh@upm.com</a>, <br class="hugin"> tel. +49 173 900 1475</p> <p class="hugin"><b class="hugin">UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2120191/807663.jpg" target="_blank">Impresse plus C_brand pic_hires</a></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Silvestica Green Forest Finland acquires 6,877 ha forestry land from UPM2017-07-05T11:00:00Z<p class="hugin">(UPM, Helsinki, 5 July 2017 at 14&#58;00 EET) - UPM has signed a contract to sell forest estates to Silvestica Green Forest Finland Oy. The contract covers 6,877 hectares of forestry land located in Kajaani, Sonkajärvi and Sotkamo in Finland. In addition, the parties have signed a separate long-term wood purchase and forest management agreement. Silvestica Green Forest Finland Oy is committed to certify the estates according to FSC<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">®</sup> and to join the UPM managed FSC group certificate (FSC C 109750). For the time being the estates are PEFC<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">TM</sup> certified. The parties have agreed not to disclose the purchase price.</p> <p class="hugin">Silvestica Green Forest Finland Oy is owned by a Swedish company Silvestica Green Forest AB, which is an investment fund for institutional investors founded in spring 2017 by SEB, the leading Nordic financial services group. Silvestica owned companies will invest in forest estates in Sweden, Finland and the Baltic countries. The forests will be managed by CRK Forest Management AB with CEO <b class="hugin">Rickard Lehmann</b> in charge of forest activities and reporting to investors.</p> <p class="hugin">&quot;The forests now acquired are very nice mostly high quality pine forests in their most productive age classes meaning a good value growth,&quot; says Rickard Lehmann, Chairman of the board, Silvestica Green Forest Finland Oy. &quot;We also have very good impression of UPMs management and we are confident that we can have a prosperous cooperation in the coming years.&quot;</p> <p class="hugin">&quot;This is Silvestica's first investment since we started our business in April 2017&quot;, says Lehmann. &quot;We are going to look for new prospects and hopefully be successful with our plans and strategy.&quot; </p> <p class="hugin">&quot;We are glad to have Silvestica Green Forest Finland Oy as our customer&quot;, says <b class="hugin">Sauli Brander</b>, Senior Vice President, UPM Wood Sourcing and Forestry. &quot;Silvestica Green Forest Finland Oy is an investor, who finds forest as a stable and responsible investment. They also value the long-term wood purchase and forest management agreement with UPM. For them the agreement ensures sustainable forestry practices and a steady income from wood sales.&quot;</p> <p class="hugin">UPM has regularly sold its forest assets as part of developing its real estate portfolio. At present, UPM owns approximately 640,000 hectares of forestry land in Finland.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Riitta Väisänen, Sales Manager, UPM, Wood Sourcing and Forestry, tel. +358 400 546&#160;690<br class="hugin">Rickard Lehmann, Chairman of the board, Silvestica Green Forest Finland Oy, tel. +46 705 44 81 00</p> <p class="hugin"><b class="hugin">UPM, Media Relations</b><br class="hugin">Mon-Fri from 9&#58;00 to 16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Transfer of shares in the joint book-entry account to the company's own shares2017-07-03T06:30:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160;&#160;&#160;&#160; Changes in company's own shares&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 3 July 2017 at 09&#58;30 EET</p> <p class="hugin"><b class="hugin">Transfer of shares in the joint book-entry account to the company's own shares</b></p> <p class="hugin">On 29 March 2017, the Annual General Meeting of UPM-Kymmene Corporation resolved on the forfeiture of shares entered in the company's joint book-entry account and of the rights attached to such shares. Shares with regard to which the registration of shareholder rights to the shareholder's book-entry account had been requested prior to the commencement of the Annual General Meeting, and which had been entered in the shareholder's book-entry account by 30 June 2017, were, however, not subject to the forfeiture of the rights.</p> <p class="hugin">All registration requests submitted prior to the commencement of the Annual General Meeting had been processed by 30 June 2017. Following this, the number of shares on the joint book-entry account was 180,916 and these shares have now been transferred to the company's own book-entry account.</p> <p class="hugin">Prior to the transfer, the company held 230,737 treasury shares. Following the transfer, the company holds 411,653 treasury shares, corresponding 0.08 per cent of the company's total number of registered shares. The Board of Directors may decide to retain, transfer or cancel the treasury shares. The total number of the company's registered shares is 533,735,699.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Reeta Niemisvirta, Group Legal Counsel, UPM, tel. +358 40&#160;359 2880</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Faster, smarter paper purchasing with UPM's new eOrder service2017-06-29T11:00:00Z<p class="hugin">(UPM, Helsinki, 29 June 2017 at 14&#58;00 EET) - UPM celebrates a digital milestone in 2017 with the launch of its new eOrder service, a groundbreaking online tool enabling speedy, transparent 24/7 order fulfilment through an intuitive, hassle-free digital interface.</p> <p class="hugin">The pioneering eOrder tool forms part of UPM's existing Customer Online (COL) portal, which already offers paper customers a variety of convenient services such as real-time order status tracking, access to account history, invoicing and inventories, product browsing, e-claims and sample requests.</p> <p class="hugin"><img alt="" class="hugin" height="417" id="Picture 3" src="https&#58;//hugin.info/165629/I/2116529/119329.png" width="626" /></p> <p class="hugin">With eOrder, real-time service now extends to the actual ordering process. The customer simply logs in, selects the product, the desired quantity and delivery date. The order is then submitted and processed automatically. The process is intuitive and easy to master, enabling customers to order paper online anytime and anywhere&#58; their delivery is now literally only a few clicks away.</p> <p class="hugin">The new tool marks a radical enhancement of the Customer Online (COL) portal as it takes UPM's digital services a significant step beyond just information-sharing.</p> <p class="hugin">&quot;The eOrder tool is more than just a convenient order channel. It is automatically aligned with our business processes and IT infrastructure, so we can give speedy confirmation of our delivery capabilities. We can guarantee our promise to the customer from the very moment the order is placed,&quot; explains <b class="hugin">Mark Hatfield</b>, Director of E-Business at UPM Paper ENA.</p> <p class="hugin">The official external rollout of eOrder began at the start of 2017 following a series of customer trials and fine-tuning last year. &quot;External implementation will be expanded in years to come based on our experiences this year,&quot; reveals Hatfield.</p> <p class="hugin">The initial feedback from customers has been encouraging. &quot;If you can use Amazon, you know how to place an order with eOrder, it's not more difficult. And you can see the delivery date right away; you don't have to wait for a confirmation,&quot; states <b class="hugin">Bastian Steinmetz</b> from Steinmetz Briefumschläge in Schenefeld, Germany.</p> <p class="hugin">The new eOrder service marks a natural continuation of UPM's benchmark-setting work as a digital pioneer. The palette of online services offered by UPM is unmatched by any other operator in the paper sector.</p> <p class="hugin">Although UPM will continue working to offer speedy, convenient online services - with a future focus on mobile apps - Hatfield hastens to add that personalized service will always remain part of the portfolio. &quot;We've always wanted to build alternative channels for our customers to work with us, but this doesn't mean that digital platforms will ever replace traditional face-to-face services,&quot; he concludes.</p> <p class="hugin">For further information, please visit <a class="hugin" href="http&#58;//www.upmpaper.com/col" target="_blank">www.upmpaper.com/col</a> </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Mark Hatfield, Director of E-Business, UPM Paper ENA, <a class="hugin" href="mailto&#58;mark.hatfield@upm.com" target="_blank">mark.hatfield@upm.com</a>, tel. +17732305309</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">Tel. +358 40 588 3284</p> <p class="hugin"><b class="hugin">UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA &#160;on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2116529/805486.png" target="_blank">eOrder press release picture</a></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx

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