EC 265-995-8
chemXplore tracks 5 projects involving cellulose pulp, of which 2 are active.
5 produce it and 1 uses it as feedstock.
Of the active ones, 1 new construction and 1 expansion.
Mid double-digit million-euro package covers pulp fiberline, recovery boiler, white liquor gasifier and handling equipment; start-up targeted mid‑2027.
A €25m Muoto fibre-packaging line will be built at the Äänekoski mill, starting up in 2028 with capacity above 100 million items per year; Kuura textile fibre project cancelled.
Kaukas will be shut from 3 Aug 2026 for ~six weeks; Pietarsaari may face a temporary shutdown in October to optimise production and wood sourcing.
Q1 sales €2,505m; comparable EBIT €274m (-5%); operating cash flow €89m; net debt €2,962m. Energy and biofuels strong. H1 comparable EBIT guidance €325–525m.
Joint initiatives improve textile collection, sorting and recycling; mechanical and chemical recycling needed for mixed fibres. EPR funding and eco-modulation to fund infrastructure and boost reuse.
The partnership enables UPM to secure pulpwood and by-products, while Versowood gains log supply and ownership of UPM's Korkeakoski sawmill. UPM also acquires a minority stake in Versowood.
UPM extends Kaukas mill shutdown to October 11, 2025, and plans a two-week shutdown at Pietarsaari in November to adapt to market conditions and high wood costs.
Plans include closing several production sites, reducing 1,150 jobs, and improving EBIT by EUR 110 million annually. Change negotiations will follow local regulations.
The €1.6B investment will create 1,500 jobs, boost exports by €0.5B annually, and enhance sustainability. The mill will produce 1.5M tonnes of pulp and 2.0 TWh of renewable electricity per year.
The mill, operational since August 2017, produces 1.3 million tonnes of pulp annually, plus bioproducts like tall oil, turpentine, and bioenergy. It also explores new bioproducts and industrial ecosystem expansion.
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