Owner Investor / Financier Operator Developer Offtaker Technology / equipment supplier
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 and 3 more.
chemXplore tracks 6 projects involving UPM, of which 2 are active.
Besides these 2, the record holds 3 completed projects and 1 cancelled.
Closest to start-up first.
The 4 that are completed, on hold or cancelled are in the record. See all 6 in chemXplore →
A paper-based secondary pack with up to 90% paper content, functional coating, heat-sealability and recyclability—applied in a single-pass flexographic process for industrial-scale production.
World’s largest lignocellulosic biorefinery with 220,000 t/yr capacity converts beechwood and sawmill residues into industrial sugars and lignin for renewable chemicals and fuels.
European Commission issued a Letter of Facts raising serious competition concerns; the parties will propose remedies (not divestments) and expect an EC decision by year‑end or shortly after.
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.
What each is building and closing, and the pipelines and grids between them, on one map.
