UPM Specialty Papers

UPM Specialty Papers serves growing markets with labelling materials globally, fine papers in Asia and flexible packaging in Europe. The operations consist of the UPM Changshu and UPM Tervasaari mills in China and Finland as well as labelling and packaging materials production lines at the UPM Jämsänkoski mill in Finland. A new speciality paper machine at the UPM Changshu mill started production in December 2015. The main customers are retailers, printers, publishers, distributors and paper converters.

​Our direction

  • Profitable organic growth, potentially complemented with acquisitions
  • Widening product portfolio especially in high value-added films and special label products
  • Expanding customer reach through increased distribution and sales and service coverage

Our strengths

  • Modern, strategically located and efficiently scalable production assets
  • Accurate and efficient supply chain and global delivery network
  • Global scale in R&D, quality development and technical know-how
  • Industry leader in sustainability and product safety

UPM Specialty Papers value created 

Important Image

Markets and drivers

  • Private consumption
  • Urban lifestyle
  • Population growth
  • Higher standard of living
  • E-commerce
  • Legislation
  • Self-adhesive labelling technology gaining market share
  • Brands and product innovations

Key figures

​Sales, EURm​1,273​1,168
​Comparable EBIT, EURm​123​55
​% of sales​9.64.7
​Capital employed (average), EURm​1,012​1,012
​Comparable ROCE, %​12.15.4
​Personnel on 31 December​1,984​1,738


Business areas

Driving for top performance in all business areas

UPM as an investment

Targeting attractive total return

Financial targets

Profitability improved in 2015