UPM-Kymmene Corporation (UPM) is a Finnish forest-based industrial company that develops and manufactures renewable and recyclable materials. Headquartered in Helsinki, it operates globally across pulp, paper, label materials (UPM Raflatac), specialty papers, plywood and timber, as well as energy. Its businesses manage extensive forest assets and wood sourcing, converting certified raw materials into industrial intermediates and finished products for packaging, printing, construction and other end uses.
For the chemical value chain, UPM focuses on wood-based biochemicals and advanced biofuels that replace fossil-derived inputs. Its portfolio includes bio-based glycols and lignin-derived functional materials for applications such as packaging polymers, textiles, adhesives, coatings and composites. Through UPM Raflatac, the company supplies label stock and adhesive materials to packaging, consumer goods and logistics markets. UPM emphasizes responsible forestry and traceable supply chains to support customers’ decarbonization and circularity goals.
UPM’s business areas include UPM Biorefining, UPM Biochemicals and Biofuels, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. The company serves customers in Europe, the Americas and Asia-Pacific with a mix of bulk commodities (e.g., pulp and paper) and higher value-added biomaterials and engineered wood products.
Also known as UPM Raflatac, UPM Adhesive Materials, UPM Adhesive, UPM Specialty Papers, UPM Plywood, UPM-Kymmene Corporation, UPM Communication Papers, and UPM Energy.
chemXplore tracks 6 projects involving UPM, of which one is active.
UPM's role on them: Owner, Investor / Financier, Operator, Developer, Offtaker, and Technology / equipment supplier.
1 expansion.
H1: revenues €4.7m, EBITDA -€18.8m, cash €23.9m; first FDCA batch produced; planned equity raise ≥€55m and proposed €20m facility; Worley contractual close‑out finalised.
Regulator flags risk that the deal could curtail low-carbon ferronickel supply into Europe, raising stainless-steel production costs and weakening resilience.
Two executives named for CEO and CFO of planned graphic paper joint venture; appointments hinge on regulatory approvals and closing.
Management will present strategy, growth opportunities, operations and financial targets for the demerged plywood business; event offers onsite attendance and live webcast.
Oxidation unit commissioned; full start-up and first FDCA production targeted end‑2026; 22 offtakes and >150 kt reservations secured; pursuing €55m equity plus a €20m NOM loan.
Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.
Regulator approved the Finnish-language prospectus for the plywood carve-out; EGM, demerger completion and Nasdaq Helsinki listing set for Aug–Nov 2026.
Shared access to a pilot-scale PrimeLineTIAC in Graz enables manufacturers to trial a standard hardwood pulp, speed commercialization, and optimize dry‑crepe, textured and TAD processes.