Latest UPM News & Updates

See the latest news and media coverage for UPM. We track all announcements, press releases, and industry mentions in real time, all in one place.

UPM

Material solutions company

upm.com

Headquarters: Helsinki, Finland
Company type: Public company
Number of employees: 10,000+

Last updated Today

Latest news about UPM

In short: UPM announced a plan to demerge its plywood business, reported Q1 2026 sales of €2.5 billion, and pursued a €1.42 billion joint venture with Sappi.

Company announcements

June 11 UPM

UPM Communication Papers cuts European emissions 38% in 2025

The reduction from 490 to 310 kg CO2 per tonne advances the 2030 target, verified by third parties.

June 3 UPM

UPM appoints Joonas Rauramo as EVP, UPM Energy

He will assume the role on 2026-10-01, report to Massimo Reynaudo, and brings experience from Coolbrook and Fortum in wind and solar development.

May 28 UPM

UPM and Sappi sign definitive agreement for joint venture

The 50/50 joint venture includes UPM Communication Papers and Sappi's European graphic paper business, with combined enterprise value of €1.42bn and expected synergies of €100m annually.

May 13 UPM

UPM acquires Ray Technology IP from Avantium

The acquisition strengthens UPM's position as the first industrial-scale producer of bio-based glycols from wood.

Media coverage

Today Yle

UPM plans a four-week production stoppage at the Pietarsaari pulp mill.

According to the mill manager, the stoppage time could be used for example for staff training or mill maintenance activities.

Yesterday AD HOC NEWS

UPM-Kymmene Stock - Wednesday update on operations and strategy

UPM-Kymmene stock draws attention midweek as investors review the group’s bioeconomy strategy, recent sustainability milestones and its position in European paper and packaging. A closer...

June 4 Reuters

EU regulators pause probe into $1.65 billion UPM-Sappi deal, await data

EU antitrust regulators have paused their review of a proposed €1.42 billion ($1.65 billion) ‌paper joint venture between Finland's UPM-Kymmene and South African-listed Sappi ...

May 28 Suomenmaa

UPM boss issued a stunning warning - This is how other Finnish forest giants comment on the high price of wood

The leaders of forest companies UPM and Metsä Group do not directly admit that the high price of wood would affect their willingness to invest in Finland. The forest sector has been complaining for a long time about the wood...

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