Latest UPM News & Updates

See the latest news and media coverage for UPM. We track all announcements, press releases, and industry mentions in real time, all in one place.

UPM

Material solutions company

upm.com

Headquarters: Helsinki, Finland
Company type: Public company
Number of employees: 10,000+

Last updated Today

Latest news about UPM

In short: UPM announced a plan to demerge its plywood business, reported Q1 2026 sales of €2.5 billion, and pursued a €1.42 billion joint venture with Sappi.

Company announcements

June 18 UPM

UPM announces temporary shutdowns of two pulp mills in Finland

The Kaukas mill will shut for six weeks from August 3, and a potential shutdown at Pietarsaari is planned for October to optimize production and costs.

June 11 UPM

UPM Communication Papers cuts European emissions 38% in 2025

The reduction from 490 to 310 kg CO2 per tonne advances the 2030 target, verified by third parties.

June 3 UPM

UPM appoints Joonas Rauramo as EVP, UPM Energy

He will assume the role on 2026-10-01, report to Massimo Reynaudo, and brings experience from Coolbrook and Fortum in wind and solar development.

May 28 UPM

UPM and Sappi sign definitive agreement for joint venture

The 50/50 joint venture includes UPM Communication Papers and Sappi's European graphic paper business, with combined enterprise value of €1.42bn and expected synergies of €100m annually.

Media coverage

June 22 Talouselämä

UPM is putting more resources into South America again, while cutting back in Finland.

According to forest industry tracker Fastmarkets, UPM has filed an application to increase production at its Uruguayan plant.

June 18 Yle

The global pulp market still suffers: UPM's Lappeenranta Kaukas pulp mill starts a shutdown

The production shutdown aims to adapt production to the market situation for pulp and high wood costs.

June 18 Investing.com

Why is UPM-Kymmene stock sliding today? By Investing.com

Why is UPM-Kymmene stock sliding today?

June 18 Yle

UPM plans a four-week production stoppage at the Pietarsaari pulp mill.

According to the mill manager, the stoppage time could be used for example for staff training or mill maintenance activities.

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