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UPM Raflatac expands its asset platform in Wroclaw, Poland to meet the label stock demand growth in Europe

Investor news 11.10.2016 14:00 EEST

(UPM Raflatac, Tampere, 11 October 2016 at 13:00 EET) - UPM Raflatac strengthens its position by building a new coating line at the Wroclaw, Poland label stock factory. By introducing a new coating line together with related reel handling and slitting capacity additions the company aims to meet the increasing demand for self-adhesive label stock in Europe. Production of the new line is planned to commence in the first half of 2018.

"This is a significant investment to meet the demand growth of our customers in Europe. It further leverages our unique competences, end-use specific product offering and industry leading, optimally located operating platform in Poland," says Antti Jääskeläinen, Executive Vice President, UPM Raflatac.

"One of the trends driving label stock demand is the fast growth of E-commerce, an end-use requiring increasing amounts of labelling material. Also the packaged food trends together with the general private consumption growth continue to be important drivers. We have successfully responded to the demand globally, which is also reflected in our annual top line growth rate of about 6% in recent years. The approximately EUR 35 million investment in the additional coating and finishing capacity in Wroclaw will ensure the continued excellent service and quality for UPM Raflatac customers," says Jääskeläinen.

Operations at the UPM Raflatac Wroclaw label stock factory started in 2008 followed by the nearby UPM Raflatac Nowa Wies factory in 2012. Located in Western Poland, the two factories employ today close to 600 people and form a significant UPM Raflatac label stock production hub.

High-resolution photos of UPM Raflatac Wroclaw factory can be downloaded at UPM image gallery.

For further information please contact:           
Antti Jääskeläinen, Executive Vice President, UPM Raflatac. Media contacts coordinated by Mari Ruissalo, Director, Communications, UPM Raflatac, tel. +358 2041 68081 or mari.ruissalo@upm.com.

UPM Raflatac
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 2,900 people and made sales of EUR 1.4 billion in 2015. UPM Raflatac is part of UPM - The Biofore Company. Find out more at www.upmraflatac.com.

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Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: 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 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com

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