UPM

Finlandupm.com

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.

Projects UPM is involved in

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 Under Construction

1 expansion.

Expected to start operating
2026
none
2027
none
2028
none
2029
none
2030
1 project
2031
none
What moved recently
  • December 2025 UPM Leuna Biorefinery · Operational / Completed · Germany

Follow these projects in chemXplore →

Latest news on UPM

30 September 2026
Avantium publishes H1 2026 financials and completes Worley close-out for FDCA Flagship Plant

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.

16 September 2026
European Commission raises objections to MMG's proposed acquisition of Anglo American's nickel business

Regulator flags risk that the deal could curtail low-carbon ferronickel supply into Europe, raising stainless-steel production costs and weakening resilience.

8 September 2026
UPM and Sappi nominate leaders for planned graphic paper joint venture

Two executives named for CEO and CFO of planned graphic paper joint venture; appointments hinge on regulatory approvals and closing.

1 September 2026
UPM / future WISA Group — Capital Markets Day 23 Sep 2026

Management will present strategy, growth opportunities, operations and financial targets for the demerged plywood business; event offers onsite attendance and live webcast.

19 August 2026
Avantium advances FDCA Flagship Plant start-up and readies financing package

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.

23 July 2026
UPM H1 2026: Q2 EBIT up 71%; plywood demerger approved and graphic paper JV agreed

Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.

16 July 2026
WISA Group Plc: Finnish regulator approves demerger and listing prospectus; leadership team appointed

Regulator approved the Finnish-language prospectus for the plywood carve-out; EGM, demerger completion and Nasdaq Helsinki listing set for Aug–Nov 2026.

25 June 2026
UPM and ANDRITZ form multi‑year tissue innovation partnership

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.

Where its projects are

By country, the most active first. active / all projects

Chemical parks and clusters