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Recent Articles

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UPM issues new €500M green bond under its Euro Medium Term Note program, will use net proceeds for financing and/or refinancing of eligible projects, assets under its Green Finance Framework; bond matures in May 2029, pays fixed coupon of 2.25%

Veolia, Fibre Excellence take ownership of former UPM Chapelle Darblay newsprint mill in France from community of Rouen, which bought mill; companies to convert site to produce 400,000 tpa of containerboard made from recovered paper collected in France

UPM Raflatac extends its CarbonNeutral product portfolio by achieving CarbonNeutral certification for its entire range of direct thermal linerless labeling products; linerless products use up to 40% less material than traditional labeling technologies

UPM closes asset-only sale of its shuttered Chapelle Darblay newsprint mill site in France to community of Rouen; UPM had originally committed to selling site to Samfi, Paprec France, but Rouen preempted, cancelled sale of land and buildings in February

Finnish pulp, paper producers prepare for Russia to cut off gas supplies to Finland; Stora Enso has already replaced Russian natural gas with LNG at all its units, while Metsa is looking into alternatives to gas, and UPM sources gas from Western providers

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