Finnish UPM is realigning pulp production at its Finnish mills in response to harsher market conditions and cost pressures.
UPM announces that the maintenance shutdown of the UPM Kaukas pulp mill, which began in August, will be extended for two weeks until October 11, 2025. In addition, the UPM Pietarsaari pulp mill will be temporarily shut down for approximately two weeks in November.
“We are focused on ensuring the profitability of our business. By curtailing our production, we adapt to the pulp market situation and high wood cost level”, says Petri Hakanen, Senior Vice President, UPM Fibres Finland Operations.
About UPM Fibres:
UPM Fibres consists of UPM’s pulp and timber businesses as well as wood sourcing and forestry operations. UPM Pulp has three pulp mills in Finland and two pulp mills and plantation operations in Uruguay. UPM Timber operates four sawmills in Finland.
