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UPM Specialty Papers has strengthened its presence in digital mediaSystem Account2017-09-25T10:30:00Z<p class="hugin">(UPM, Helsinki, 25 September 2017 at 10&#58;30 EET) - UPM Specialty Papers has strengthened its digital presence by launching <a class="hugin" href="http&#58;//www.upmspecialtypapers.com" target="_blank">www.upmspecialtypapers.com</a> today. </p> <p class="hugin">The new website offers a quick and easy access to comprehensive information on UPM Specialty Papers' extensive range of specialty papers, service solutions and responsible operations. The UPM Paper Online Catalogue, where UPM's vast paper portfolio can easily be browsed, can also be accessed via the new website. Visitors can also stay informed with the latest news of the company on the new site.</p> <p class="hugin">&quot;We invite visitors to explore the new website, which delivers improved functionality and navigation to enhance the user-experience by allowing customers to easily access detailed product information&quot;, says Ms. <b class="hugin">Yuanyuan Ma</b>, Director, Stakeholder Relations, UPM Specialty Papers. </p> <p class="hugin"><b class="hugin">For more information, please contact&#58;</b><br class="hugin">Ms. Yuanyuan Ma, Director, Stakeholder Relations, UPM Specialty Papers, Tel. +86 21 64485544</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Specialty Papers</b><br class="hugin">UPM Specialty Papers produces fine papers to Asian markets and label and packaging materials to global markets. Its main customers are retailers, printers, publishers, distributors and paper converters. UPM Specialty Papers is a leader in sustainable development. Its high performance papers are produced in China and Finland. With headquarters in Shanghai, UPM Specialty Papers employs approximately 1,700 people in China, Finland, Japan, Korea, Singapore and Australia. <a class="hugin" href="http&#58;//www.upmspecialtypapers.com" target="_blank">www.upmspecialtypapers.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM listed as the industry leader in the global Dow Jones Sustainability Index System Account2017-09-07T09:00:00Z<p class="hugin">(UPM, Helsinki, 7 September 2017 at 09.00 EET)&#160; - UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2017-2018 for the fifth time.</p> <p class="hugin">&quot;Responsibility is one of the key elements of UPM's Biofore strategy. Compliance, integrity and sustainability are strongly guiding everything we do,&quot; says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, UPM Stakeholder Relations. </p> <p class="hugin">&quot;We promote responsible practices throughout the value chain and are active in finding sustainable solutions in co-operation with our customers, suppliers and partners. Creating value for society both as a company and through our products is essential for us,&quot; Harrela continues. </p> <p class="hugin">The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics. </p> <p class="hugin"><img alt="" class="hugin" height="118" src="https&#58;//hugin.info/165629/I/2132134/121388.jpg" width="346" /></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sami Lundgren, Vice President, UPM, Environment and Responsibility, tel. +358 40 580 0910</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About UPM</b></p> <p class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM concluded the sale of its hydro power facilities in Steyrermühl to Energie AGSystem Account2017-08-01T08:30:00Z<p class="hugin">(UPM, Helsinki, 1 August 2017 at 08&#58;30 EET) - UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.</p> <p class="hugin"><a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/UPM-to-sell-its-hydro-power-facilities-in-Steyrerm%c3%bchl-to-Energie-AG-001-Thu-30-Mar-2017-08-33.aspx" target="_blank">The transaction was announced in March 2017.</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Rainer Häring, Director Energy, Western Europe, UPM Paper ENA, tel. +49 173 9001470<br class="hugin">Michael Frostel MSc, Energie AG, Upper Austria, tel. +43 5 9000 3993<br class="hugin">Wolfgang Denk MSc, Energie AG, Upper Austria, tel. +43 5 9000 3569</p> <p class="hugin"><b class="hugin">For local information, please contact&#58;</b><br class="hugin">Ernst Spitzbart, General Manager, UPM Steyrermühl, tel. +43 7613 8900 359</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About EAG</b><br class="hugin">The Energie AG is the number one infrastructure group in Upper Austria. With their specialized business segments and subsidiary companies EAG works in the fields of energy, water and waste disposal, both in Austria and abroad. Thanks to the close cooperation among the business segments, the companies of the group and the holdings, EAG is able to offer their customers a wide range of high-quality products and services.</p> <p class="hugin"><b class="hugin">About UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. More about UPM Paper ENA and its products at <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Next milestone achieved in sustainability - EU Ecolabel available for all UPM graphic paper gradesSystem Account2017-07-31T14:00:00Z<p class="hugin">(UPM, Helsinki, 31 July 2017 at 14&#58;00 EET) - Following its Biofore approach, UPM Paper ENA has reached the next significant milestone in the company's sustainability journey, as now all its mills produce papers that are awarded with the EU Ecolabel. The UPM Hürth paper mill completed the full range on June 5th, when its products received the EU Ecolabel certificate. The mill achieved the needed reduction in emissions by switching to more sustainable sources of energy.</p> <p class="hugin">&quot;Being able to provide our customers with EU Ecolabel awarded products from all of our mills is a great achievement, which we can be proud of,&quot; says <b class="hugin">Päivi Rissanen</b>, Sustainability Director, UPM Paper ENA. &quot;The EU Ecolabel criteria covers all relevant environmental aspects and is a good proof of solid sustainability performance.&quot;</p> <p class="hugin">The EU Ecolabel covers the product's whole lifecycle, which makes it the broadest ecolabel available on the market. Showcasing the EU Ecolabel printed on a paper product is a reliable and widely recognized way for UPM customers to express their commitment to sustainability. UPM has had the most comprehensive offering of papers carrying the EU Ecolabel in the paper industry, with the recent addition further strengthening this position - the label is now available for over 200 UPM Paper ENA products.</p> <p class="hugin">All environmental and social responsibility certificates of UPM papers including mill-specific EU Ecolabel certificates can be found in the UPM <a class="hugin" href="http&#58;//www.upmpaper.com/sustainability/certificate-finder/Pages/Default.aspx" target="_blank">Certificate Finder</a>.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Päivi Rissanen, Director, Sustainability, UPM Paper ENA, <a class="hugin" href="mailto&#58;paivi.rissanen@upm.com" target="_blank">paivi.rissanen@upm.com</a></p> <p class="hugin"><strong class="hugin">UPM, Media Relations</strong><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Paper ENA<br class="hugin"></b>UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM’s good performance and favourable market demand continuedk7411642017-07-25T06:15:00Z<p>UPM-Kymmene Corporation&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160; Half year financial report &#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;25 July 2017 at 9&#58;15 EET&#160;</p><p><strong>UPM's good performance and favourable market demand continued</strong><strong>&#160;</strong></p><p><strong>Q2 2017 highlights</strong></p><ul><li>Comparable EBIT increased by 2% to EUR 270 million (264 million in Q2 2016).</li><li>Favourable market demand continued.</li><li>High maintenance activity and seasonally higher fixed costs impacted comparable EBIT by approximately EUR -20 million compared with Q2 2016, EUR -45 million compared with Q1 2017.</li><li>Solid operating cash flow at EUR 269 million (434 million).</li><li>Net debt decreased to EUR 1,046 million (1,876 million).</li><li>UPM announced new focused investments at the Kaukas pulp mill and Tampere labelstock factory.</li></ul><p><strong></strong>&#160;</p><p><strong>H1 2017 highlights</strong></p><ul><li>Comparable EBIT increased by 5% to EUR 575 million (545 million in H1 2016).</li><li>Five business areas increased their comparable EBIT.</li><li>Growth initiatives contributed to the comparable EBIT growth.</li><li>Successful mitigation of raw material cost pressures.</li><li>Strong operating cash flow at EUR 665 million (775 million).</li><li>UPM announced divestments of hydropower assets in Germany, Austria and the US.</li></ul><p>&#160;</p><table width="100%" class="ms-rteTable-default" cellspacing="0"><tbody><tr><td class="ms-rteTable-default" style="width&#58;14.28%;"><strong>Key figures</strong></td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q2/2017</td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q2/2016</td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q1/2017</td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q1-Q2/2017</td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q1-Q2/2016</td><td class="ms-rteTable-default" style="width&#58;14.28%;">Q1-Q4/2016</td></tr><tr><td class="ms-rteTable-default">Sales, EURm</td><td class="ms-rteTable-default">2,464</td><td class="ms-rteTable-default">2,445</td><td class="ms-rteTable-default">2,482</td><td class="ms-rteTable-default">4,946</td><td class="ms-rteTable-default">4,891</td><td class="ms-rteTable-default">9,812</td></tr><tr><td class="ms-rteTable-default">Comparable EBITDA, EURm</td><td class="ms-rteTable-default">349</td><td class="ms-rteTable-default">385</td><td class="ms-rteTable-default">405</td><td class="ms-rteTable-default">755</td><td class="ms-rteTable-default">788</td><td class="ms-rteTable-default">1,560</td></tr><tr><td class="ms-rteTable-default">&#160;&#160; % of sales</td><td class="ms-rteTable-default">14.2</td><td class="ms-rteTable-default">15.8</td><td class="ms-rteTable-default">16.3</td><td class="ms-rteTable-default">15.3</td><td class="ms-rteTable-default">16.1</td><td class="ms-rteTable-default">15.9</td></tr><tr><td class="ms-rteTable-default">Operating profit, EURm</td><td class="ms-rteTable-default">269</td><td class="ms-rteTable-default">262</td><td class="ms-rteTable-default">312</td><td class="ms-rteTable-default">581</td><td class="ms-rteTable-default">539</td><td class="ms-rteTable-default">1,135</td></tr><tr><td class="ms-rteTable-default">Comparable EBIT, EURm</td><td class="ms-rteTable-default">270</td><td class="ms-rteTable-default">264</td><td class="ms-rteTable-default">305</td><td class="ms-rteTable-default">575</td><td class="ms-rteTable-default">545</td><td class="ms-rteTable-default">1,143</td></tr><tr><td class="ms-rteTable-default">&#160;&#160; % of sales</td><td class="ms-rteTable-default">11.0</td><td class="ms-rteTable-default">10.8</td><td class="ms-rteTable-default">12.3</td><td class="ms-rteTable-default">11.6</td><td class="ms-rteTable-default">11.1</td><td class="ms-rteTable-default">11.6</td></tr><tr><td class="ms-rteTable-default">Profit before tax, EURm</td><td class="ms-rteTable-default">258</td><td class="ms-rteTable-default">250</td><td class="ms-rteTable-default">299</td><td class="ms-rteTable-default">557</td><td class="ms-rteTable-default">513</td><td class="ms-rteTable-default">1,080</td></tr><tr><td class="ms-rteTable-default">&#160;&#160; Comparable profit before tax, EURm</td><td class="ms-rteTable-default">258</td><td class="ms-rteTable-default">252</td><td class="ms-rteTable-default">291</td><td class="ms-rteTable-default">550</td><td class="ms-rteTable-default">519</td><td class="ms-rteTable-default">1,089</td></tr><tr><td class="ms-rteTable-default">Profit for the period, EURm</td><td class="ms-rteTable-default">205</td><td class="ms-rteTable-default">198</td><td class="ms-rteTable-default">240</td><td class="ms-rteTable-default">444</td><td class="ms-rteTable-default">425</td><td class="ms-rteTable-default">880</td></tr><tr><td class="ms-rteTable-default">Comparable profit for the period, EURm</td><td class="ms-rteTable-default">205</td><td class="ms-rteTable-default">200</td><td class="ms-rteTable-default">234</td><td class="ms-rteTable-default">440</td><td class="ms-rteTable-default">425</td><td class="ms-rteTable-default">879</td></tr><tr><td class="ms-rteTable-default">Earnings per share (EPS), EUR</td><td class="ms-rteTable-default">0.38</td><td class="ms-rteTable-default">0.37</td><td class="ms-rteTable-default">0.45</td><td class="ms-rteTable-default">0.83</td><td class="ms-rteTable-default">0.80</td><td class="ms-rteTable-default">1.65</td></tr><tr><td class="ms-rteTable-default">&#160;&#160; Comparable EPS, EUR</td><td class="ms-rteTable-default">0.39</td><td class="ms-rteTable-default">0.37</td><td class="ms-rteTable-default">0.44</td><td class="ms-rteTable-default">0.82</td><td class="ms-rteTable-default">0.79</td><td class="ms-rteTable-default">1.65</td></tr><tr><td class="ms-rteTable-default">Return on equity (ROE), %</td><td class="ms-rteTable-default">10.2</td><td class="ms-rteTable-default">10.1</td><td class="ms-rteTable-default">11.8</td><td class="ms-rteTable-default">10.9</td><td class="ms-rteTable-default">10.9</td><td class="ms-rteTable-default">10.9</td></tr><tr><td class="ms-rteTable-default">Comparable ROE, %</td><td class="ms-rteTable-default">10.2</td><td class="ms-rteTable-default">10.2</td><td class="ms-rteTable-default">11.6</td><td class="ms-rteTable-default">10.8</td><td class="ms-rteTable-default">10.9</td><td class="ms-rteTable-default">10.9</td></tr><tr><td class="ms-rteTable-default">Return on capital employed (ROCE), %</td><td class="ms-rteTable-default">10.8</td><td class="ms-rteTable-default">9.9</td><td class="ms-rteTable-default">12.0</td><td class="ms-rteTable-default">11.2</td><td class="ms-rteTable-default">10.0</td><td class="ms-rteTable-default">10.5</td></tr><tr><td class="ms-rteTable-default">Comparable ROCE, %</td><td class="ms-rteTable-default">10.8</td><td class="ms-rteTable-default">10.0</td><td class="ms-rteTable-default">11.7</td><td class="ms-rteTable-default">11.1</td><td class="ms-rteTable-default">10.1</td><td class="ms-rteTable-default">10.6</td></tr><tr><td class="ms-rteTable-default">Operating cash flow, EURm</td><td class="ms-rteTable-default">269</td><td class="ms-rteTable-default">434</td><td class="ms-rteTable-default">396</td><td class="ms-rteTable-default">665</td><td class="ms-rteTable-default">775</td><td class="ms-rteTable-default">1,686</td></tr><tr><td class="ms-rteTable-default">Operating cash flow per share, EUR</td><td class="ms-rteTable-default">0.50</td><td class="ms-rteTable-default">0.81</td><td class="ms-rteTable-default">0.74</td><td class="ms-rteTable-default">1.25</td><td class="ms-rteTable-default">1.45</td><td class="ms-rteTable-default">3.16</td></tr><tr><td class="ms-rteTable-default">Equity per share at end of period, EUR</td><td class="ms-rteTable-default">15.14</td><td class="ms-rteTable-default">14.36</td><td class="ms-rteTable-default">14.92</td><td class="ms-rteTable-default">15.14</td><td class="ms-rteTable-default">14.36</td><td class="ms-rteTable-default">15.43</td></tr><tr><td class="ms-rteTable-default">Capital employed at the end of period, EURm</td><td class="ms-rteTable-default">9,965</td><td class="ms-rteTable-default">10,403</td><td class="ms-rteTable-default">9,919</td><td class="ms-rteTable-default">9,965</td><td class="ms-rteTable-default">10,403</td><td class="ms-rteTable-default">10,657</td></tr><tr><td class="ms-rteTable-default">Net debt at the end of period, EURm</td><td class="ms-rteTable-default">1,046</td><td class="ms-rteTable-default">1,876</td><td class="ms-rteTable-default">807</td><td class="ms-rteTable-default">1,046</td><td class="ms-rteTable-default">1,876</td><td class="ms-rteTable-default">1,131</td></tr><tr><td class="ms-rteTable-default">Net debt to EBITDA (last 12 m.)</td><td class="ms-rteTable-default">0.68</td><td class="ms-rteTable-default">1.25</td><td class="ms-rteTable-default">0.52</td><td class="ms-rteTable-default">0.68</td><td class="ms-rteTable-default">1.25</td><td class="ms-rteTable-default">0.73</td></tr><tr><td class="ms-rteTable-default">Personnel at the end of period</td><td class="ms-rteTable-default">20,096</td><td class="ms-rteTable-default">20,711</td><td class="ms-rteTable-default">19,301</td><td class="ms-rteTable-default">20,096</td><td class="ms-rteTable-default">20,711</td><td class="ms-rteTable-default">19,310</td></tr></tbody></table><p>&#160;</p><p><strong>Jussi Pesonen, President and CEO, comments on the Q2 result&#58;</strong><strong>&#160;</strong></p><p>&quot;UPM's comparable EBIT continued on an increasing track in Q2 despite clearly higher maintenance activity during the quarter. Operating cash flow was solid at EUR 269 million and net debt decreased to EUR 1,046 million.&#160;</p><p>Market demand was good and delivery growth continued in most businesses during the quarter. As expected, the higher maintenance activity resulted in temporarily higher fixed costs and lower operational efficiency. Moderate cost inflation continued but was mitigated by our own cost reduction measures and targeted price increases. Overall business conditions were favourable resulting in good performance.</p><p>UPM Biorefining benefitted from higher pulp prices, strong pulp demand and improved operational performance in UPM Biofuels. Profitability improved despite the maintenance shutdown at the UPM Pietarsaari pulp mill. UPM Raflatac and UPM Plywood maintained strong profitability and continued to show solid sales growth. UPM Specialty Papers achieved an excellent result. Thanks to the new specialty paper machine at UPM Changshu we have been able to grow the release liner business and improve our product mix even faster than expected.&#160;</p><p>UPM Paper ENA achieved a satisfactory result in the quarter most impacted by seasonal factors. Demand decline in Europe remained moderate. UPM Energy suffered from poor hydrological availability and prolonged maintenance activity at Olkiluoto power plant in Finland. As a result, power generation was exceptionally low during the quarter.&#160;</p><p>The focused growth projects over the recent years have been highly successful and have contributed to our profits and returns well. During the second quarter we introduced two further focused investments&#58; the Kaukas pulp mill efficiency and competitiveness improvement in Lappeenranta and the UPM Raflatac specialty labels expansion in Tampere, both of which are in Finland.&#160;&#160;</p><p>When it comes to longer-term growth, the discussions continue with the Government of Uruguay concerning infrastructure development and other local prerequisites for a potential pulp mill investment.&#160;</p><p>2017 has started well for us. Five out of our six businesses improved their performance during the first half of the year. Our businesses are performing well, and our cash flow and balance sheet enable us to distribute attractive dividend and simultaneously invest in profitable growth. We look confidently into the future and our opportunities for creating value from bioeconomy.&quot;&#160;</p><p><strong>Outlook for 2017</strong>&#160;</p><p>UPM's profitability improved significantly in 2016 and is expected to continue on a good level in 2017.&#160;</p><p>Demand growth is expected to continue for most of UPM's businesses, while demand decline is expected to continue for UPM Paper ENA. The focused growth projects continue to contribute gradually to UPM's performance.&#160;</p><p>Following a deflationary environment in recent years, 2017 is expected to show modest input cost inflation. UPM will continue measures to reduce fixed and variable costs to mitigate this.&#160;</p><p>Q3 2017 is expected to include significantly less maintenance activity than Q2 2017 in UPM Biorefining, UPM Paper ENA and UPM Energy.</p><p>&#160;</p><p><strong>Webcast and press conference</strong>&#160;</p><p>UPM's President and CEO Jussi Pesonen will present the financial results in a webcast and a conference call for analysts and investors, held in English language, today at 13&#58;15 EET.&#160;</p><p>Later in the afternoon, Jussi Pesonen will present the results in a press conference held in Finnish language at the UPM Group Head Office (The Biofore House) in Helsinki, Alvar Aallon katu 1, at 14&#58;30 EET.&#160;</p><p><strong>Webcast and conference call details&#58;</strong>&#160;</p><p>The conference call can be participated in either by dialling a number in the list below or following the webcast online at <a href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank"><span lang="EN-GB" style="text-decoration&#58;underline;">www.upm.com</span></a> or through <a href="https&#58;//upm.videosync.fi/2017-07-25-q2" target="_blank"><span lang="EN-GB" style="text-decoration&#58;underline;">this link.</span></a>&#160;&#160;</p><p>Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online. We recommend that participants start dialling in 5-10 minutes prior to the event in order to ensure a timely start of the webcast.&#160;</p><p>The presentation is available at <a href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank"><span lang="EN-GB" style="text-decoration&#58;underline;">www.upm.com</span></a> for 12 months after the call.&#160;</p><p>Conference call title&#58; <strong>UPM's Half Year Financial Report 2017</strong>&#160;</p><p><strong>Direct telephone numbers&#58;</strong>&#160;</p><p>BE&#58; +3224040635<br>DK&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+45 823 331 78<br></span>FI&#58; +358981710495<br>UK&#58; +442031940552<br>NO&#58; +4723500211<br>SE&#58; +46856642702<br>US&#58; +18557161597&#160;</p><p><strong>International telephone numbers with a pin code 65321220#</strong>&#160;</p><p>AU&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+61 29253 5844<a title="Anrufen&#58; +61 29253 5844" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +61 29253 5844" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>AT&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+43 19282 258<a title="Anrufen&#58; +43 19282 258" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +43 19282 258" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>CH&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+44 44580 0083<a title="Anrufen&#58; +44 44580 0083" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +44 44580 0083" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>CN&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+86 400 681 5421<a title="Anrufen&#58; +86 400 681 5421" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +86 400 681 5421" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>DE&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+49 030 221 510 067<a title="Anrufen&#58; +49 030 221 510 067" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +49 030 221 510 067" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>ES&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+34 911 143 608<a title="Anrufen&#58; +34 911 143 608" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +34 911 143 608" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>FR&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+332 9092 0977<a title="Anrufen&#58; +332 9092 0977" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +332 9092 0977" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>HK&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+852 3068 9834<a title="Anrufen&#58; +852 3068 9834" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +852 3068 9834" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>IN&#58; 0018038524634<br>IR&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+353 1696 8154<a title="Anrufen&#58; +353 1696 8154" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +353 1696 8154" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>IT&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+39 2 3604 6798<a title="Anrufen&#58; +39 2 3604 6798" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +39 2 3604 6798" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>JP&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+81 3 4455 9554<a title="Anrufen&#58; +81 3 4455 9554" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +81 3 4455 9554" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>NL&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+31 20 716 8427<a title="Anrufen&#58; +31 20 716 8427" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +31 20 716 8427" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br>SP&#58; <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+65 6307 7610<a title="Anrufen&#58; +65 6307 7610" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +65 6307 7610" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span></p><p>**</p><p>It should be noted that certain statements herein, which are not historical facts, including, without limitation, those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by &quot;believes&quot;, &quot;expects&quot;, &quot;anticipates&quot;, &quot;foresees&quot;, or similar expressions, are forward-looking statements. Since these statements are based on current plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Such factors include, but are not limited to&#58; (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies therein including the availability and cost of production inputs, continued success of product development, acceptance of new products or services by the Group's targeted customers, success of the existing and future collaboration arrangements, changes in business strategy or development plans or targets, changes in the degree of protection created by the Group's patents and other intellectual property rights, the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the Group's products and the pricing pressures thereto, financial condition of the customers and the competitors of the Group, the potential introduction of competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group's principal geographic markets or fluctuations in exchange and interest rates. The main earnings sensitivities and the group's cost structure are presented on page 115 of the 2016 Annual Report. Risks and opportunities are discussed on pages 22–23 and risks and risk management are presented on pages 98–99 of the report.&#160;</p><p>**&#160;</p><p>UPM-Kymmene Corporation<br>Pirkko Harrela<br>Executive Vice President, Stakeholder Relations&#160;</p><p><strong>UPM, Media Relations<br></strong>Mon–Fri from 9&#58;00 to 16&#58;00 EET<br>tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+358 40 588 3284<a title="Anrufen&#58; +358 40 588 3284" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Anrufen&#58; +358 40 588 3284" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span><br><a href="mailto&#58;media@upm.com"><span lang="EN-US" style="text-decoration&#58;underline;">media@upm.com</span></a></p><p><strong>UPM<br></strong>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – <a href="http&#58;//www.upm.com/"><span lang="EN-GB" style="text-decoration&#58;underline;">www.upm.com</span></a></p><p><span lang="EN-GB">Follow UPM on </span><a href="http&#58;//www.twitter.com/UPM_News" style="text-decoration&#58;underline;"><span lang="EN-GB">Twitter</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>|<span lang="EN-GB" style="text-decoration&#58;underline;"> </span><a href="http&#58;//www.linkedin.com/company/upm-kymmene"><span lang="EN-GB" style="text-decoration&#58;underline;">LinkedIn</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>|<strong> </strong><a href="http&#58;//www.facebook.com/UPMGlobal"><span lang="EN-GB" style="text-decoration&#58;underline;">Facebook</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>|<span lang="EN-GB" style="text-decoration&#58;underline;"> </span><a href="https&#58;//www.youtube.com/user/upmdotcom"><span lang="EN-GB" style="text-decoration&#58;underline;">YouTube</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>|<span lang="EN-GB" style="text-decoration&#58;underline;"> </span><a href="https&#58;//www.instagram.com/upmbiofore/"><span lang="EN-GB" style="text-decoration&#58;underline;">Instagram</span></a><span lang="EN-GB" style="text-decoration&#58;underline;"> </span>|<span lang="EN-GB" style="text-decoration&#58;underline;"> </span><a href="https&#58;//www.upmbiofore.com/"><span lang="EN-GB" style="text-decoration&#58;underline;">upmbiofore.com</span></a></p><p><strong>UPM</strong> presents certain performance measures of performance, financial position and cash flows, which are alternative performance measures in accordance with the guidance issued by the European Securities and Markets Authority (ESMA). The definitions of alternative performance measures are presented in notes to the consolidated financial statements in UPM Annual Report.</p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM nominated for the German Sustainability Award in the category Resource EfficiencyMari Hirvi, UPM2017-07-20T12:00:00Z<p>​<img src="http&#58;//assets-upmpaper.upm.com/images1/whats-new/News/Nominiert_Siegel_2018.png" class="ms-rtePosition-2" alt="" style="margin&#58;5px 15px;width&#58;148px;height&#58;149px;" />UPM has been nominated for the German Sustainability Award 2018 in this year's special category for resource efficiency. The prize will be awarded to a company that has proven to be taking successful measures towards resource and energy efficiency in its production and value chains. The criteria being evaluated include minimizing the use of raw material, energy, land, and water as well as innovative approaches to recycling and circular economy.<br></p><p>The German Sustainability Awards are considered to be Europe's most prestigious in the field of sustainable development. UPM is among five other contenders from different industries in the running for the special Resource efficiency award. The jury of the competition will choose the winners in September 2017 and the prizes will be given out on December 8th, 2017 in Düsseldorf, Germany as the highlight of the German Sustainability Conference.</p><p>More about the German Sustainability Awards on <a href="https&#58;//www.nachhaltigkeitspreis.de/sonstige/english-summary/">the official website</a>.<br></p><p><br></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM launches an exclusive magazine paper for CSWO printingSystem Account2017-07-13T11:00:03Z<p class="hugin">(UPM, Helsinki, 13 July 2017 at 11&#58;00 EET) - UPM, the world's leading paper manufacturer, has launched a new innovation, UPM Impresse plus C, a pioneering SC paper custom-developed for coldset web offset printing. UPM Impresse plus C offers a smoother, glossier finish and a unique, magazine-quality result that sets new benchmarks in CSWO printing.</p> <p class="hugin">The velvety finish and appealing texture enable superior-quality print reproduction characterised by intense colours and rich contrasts. This new innovation opens up a whole new range of business opportunities for CSWO printers, whilst also enabling more efficient utilization of press capacity.</p> <p class="hugin"><img alt="" class="hugin" height="85" id="Picture 3" src="https&#58;//hugin.info/165629/I/2120191/119747.jpg" width="128" /></p> <p class="hugin"><b class="hugin">Brighter, smoother and finer</b><br class="hugin">&quot;Customers with coldset presses told us they needed to make better use of their capacity and expand into new areas of commercial printing but they couldn't compete with the quality of heatset and rotogravure printers,&quot; explains <b class="hugin">Olli Juntunen</b>, Product Manager at UPM Jämsä River Mills in Finland. </p> <p class="hugin">&quot;We realized this called for a new, innovative product. Working closely with our customers, we devoted two years to extensive research and development until we were confident that UPM Impresse plus C met their exact requirements. The silky finish and smooth feel are exceptional.&quot;</p> <p class="hugin"><b class="hugin">Minimum resetting, maximum value</b><br class="hugin">For printers looking to stand out from the competition with commercial titles, inserts, value-added advertising and special-interest supplements, this revolutionary SC paper offers a cost-effective way of expanding their core business with minimum outlay.</p> <p class="hugin">UPM Impresse plus C is offered in three grammages&#58; 48 g/m², 51 g/m² and 54 g/m². Although special press settings are not strictly required for higher-quality results, UPM offers straightforward press/post-press recommendations for the best possible print quality.</p> <p class="hugin">For more on UPM Impresse plus C, please visit <a class="hugin" href="http&#58;//www.upmpaper.com/impresseplusc" target="_blank">www.upmpaper.com/impresseplusc</a>. Our sales experts are looking forward to your call.</p> <p class="hugin">For technical specifications, see our <a class="hugin" href="http&#58;//assets-upmpaper.upm.com/Shared%20Documents/downloads/UPM_Impresse_plus_C_EN.pdf" target="_blank">Fact Sheet</a>.</p> <p class="hugin">UPM Impresse Plus C is the latest world-class product launched by UPM this summer, following the <a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/Faster%2c-smarter-paper-purchasing-with-UPM%27s-new-eOrder-service-001-Fri-30-Jun-2017-06-12.aspx" target="_blank">eOrder service</a> and ground-breaking <a class="hugin" href="http&#58;//www.upmpaper.com/whats-new/all-news/Pages/UPM-launches-a-new%2c-economical-solution-for-the-thin-print-market-001-Thu-22-Jun-2017-14-03.aspx" target="_blank">UPM EcoLite</a> paper.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Matthias Reh, Director, Product Portfolio, News &amp; Retail, UPM Paper ENA, <a class="hugin" href="mailto&#58;matthias.reh@upm.com" target="_blank">matthias.reh@upm.com</a>, <br class="hugin"> tel. +49 173 900 1475</p> <p class="hugin"><b class="hugin">UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2120191/807663.jpg" target="_blank">Impresse plus C_brand pic_hires</a></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Faster, smarter paper purchasing with UPM's new eOrder serviceSystem Account2017-06-29T14:00:00Z<p class="hugin">(UPM, Helsinki, 29 June 2017 at 14&#58;00 EET) - UPM celebrates a digital milestone in 2017 with the launch of its new eOrder service, a groundbreaking online tool enabling speedy, transparent 24/7 order fulfilment through an intuitive, hassle-free digital interface.</p> <p class="hugin">The pioneering eOrder tool forms part of UPM's existing Customer Online (COL) portal, which already offers paper customers a variety of convenient services such as real-time order status tracking, access to account history, invoicing and inventories, product browsing, e-claims and sample requests.</p> <p class="hugin"><img alt="" class="hugin" height="417" id="Picture 3" src="https&#58;//hugin.info/165629/I/2116529/119329.png" width="626" /></p> <p class="hugin">With eOrder, real-time service now extends to the actual ordering process. The customer simply logs in, selects the product, the desired quantity and delivery date. The order is then submitted and processed automatically. The process is intuitive and easy to master, enabling customers to order paper online anytime and anywhere&#58; their delivery is now literally only a few clicks away.</p> <p class="hugin">The new tool marks a radical enhancement of the Customer Online (COL) portal as it takes UPM's digital services a significant step beyond just information-sharing.</p> <p class="hugin">&quot;The eOrder tool is more than just a convenient order channel. It is automatically aligned with our business processes and IT infrastructure, so we can give speedy confirmation of our delivery capabilities. We can guarantee our promise to the customer from the very moment the order is placed,&quot; explains <b class="hugin">Mark Hatfield</b>, Director of E-Business at UPM Paper ENA.</p> <p class="hugin">The official external rollout of eOrder began at the start of 2017 following a series of customer trials and fine-tuning last year. &quot;External implementation will be expanded in years to come based on our experiences this year,&quot; reveals Hatfield.</p> <p class="hugin">The initial feedback from customers has been encouraging. &quot;If you can use Amazon, you know how to place an order with eOrder, it's not more difficult. And you can see the delivery date right away; you don't have to wait for a confirmation,&quot; states <b class="hugin">Bastian Steinmetz</b> from Steinmetz Briefumschläge in Schenefeld, Germany.</p> <p class="hugin">The new eOrder service marks a natural continuation of UPM's benchmark-setting work as a digital pioneer. The palette of online services offered by UPM is unmatched by any other operator in the paper sector.</p> <p class="hugin">Although UPM will continue working to offer speedy, convenient online services - with a future focus on mobile apps - Hatfield hastens to add that personalized service will always remain part of the portfolio. &quot;We've always wanted to build alternative channels for our customers to work with us, but this doesn't mean that digital platforms will ever replace traditional face-to-face services,&quot; he concludes.</p> <p class="hugin">For further information, please visit <a class="hugin" href="/col" target="_blank">www.upmpaper.com/col</a> </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Mark Hatfield, Director of E-Business, UPM Paper ENA, <a class="hugin" href="mailto&#58;mark.hatfield@upm.com" target="_blank">mark.hatfield@upm.com</a>, tel. +17732305309</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">Tel. +358 40 588 3284</p> <p class="hugin"><b class="hugin">UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Paper ENA employs approximately 8,000 people. To learn more about UPM Paper ENA visit&#58; <a class="hugin" href="/" target="_blank">www.upmpaper.com</a></p> <p class="hugin">Follow UPM Paper ENA &#160;on <a class="hugin" href="https&#58;//www.twitter.com/UPM_Papers" target="_blank">Twitter</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.fi/" target="_blank">upmbiofore.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2116529/805486.png" target="_blank">eOrder press release picture</a></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM launches a new, economical solution for the thin print marketSystem Account2017-06-22T14:00:00Z<p class="hugin" style="border-style&#58;none;">(UPM, Helsinki, 22 June 2017 at 14&#58;00 EET) - The Biofore company UPM has launched a new solution for the thin print market. The revolutionary paper, UPM EcoLite, has been specially designed to meet the needs of customers printing pharmaceutical leaflets and religious literature as well as user manuals and instructions. By choosing this new paper, UPM's customers will benefit from significant cost savings compared to a conventional paper solution.</p> <p class="hugin" style="border-style&#58;none;"><img alt="" class="hugin" height="255" id="Picture 2" src="https&#58;//hugin.info/165629/I/2115101/119071.jpg" width="453" /></p> <p class="hugin" style="border-style&#58;none;">&quot;The product is a result of extensive R&amp;D work at Kaipola mill in Finland. The name, UPM EcoLite, says it all&#58; In addition to being an ecological choice, it offers our customers an economical option without compromising on the reading experience or folding properties of the paper,&quot; stated <b class="hugin">Joonas Järvinen</b>, New Business Development Manager, News and Retail at UPM.</p> <p class="hugin" style="border-style&#58;none;">UPM EcoLite is available in 29, 32, 34 and 38 g/m<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">2</sup>. A lighter paper equals a smaller environmental footprint as it requires fewer raw materials, less water and less energy to produce and transport. </p> <p class="hugin" style="border-style&#58;none;">&quot;The development of lightweight papers is a perfect example of resource efficiency, which is one of the cornerstones of our sustainable operations. Our customers get the same printing area using less materials. At the same time, the environmental impacts of production and the supply chain as a whole decrease significantly,&quot; Järvinen added.</p> <p class="hugin" style="border-style&#58;none;">Over the past few years, UPM's performance and continuous work on corporate responsibility has been recognized by several international bodies. The company has been listed as the forest and paper industry leader in the Dow Jones Sustainability Europe Index (DJSI) for the fifth consecutive year. As of January 2016, UPM has been a member of UN Global Compact LEAD as the first forest industry company.</p> <p class="hugin" style="border-style&#58;none;">For further information on the new paper, please visit <a class="hugin" href="http&#58;//www.upmpaper.com/ecolite" target="_blank">www.upmpaper.com/ecolite</a></p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">For further information, please contact&#58;</b><br class="hugin"> Joonas Järvinen, New Business Development Manager, UPM Paper ENA<br class="hugin"> Tel. +358 400 448 314, joonas.jarvinen@upm.com</p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">UPM, Media Relations </b><br class="hugin"> Mon-Fri 9.00-16.00 EET<br class="hugin"> Tel. +358 40 588 3284</p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About UPM Paper ENA</b><br class="hugin">UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as for home and office use. The high-performance papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With its headquarters in Germany, UPM Paper ENA employs approximately 8000 people. Find out more about UPM Paper ENA and its products at <a class="hugin" href="http&#58;//www.upmpaper.com" target="_blank">www.upmpaper.com</a></p> <p class="hugin" style="border-style&#58;none;"><b class="hugin">About UPM</b><br class="hugin">Through its renewal of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are all recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin" style="border-style&#58;none;"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_Papers" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com" target="_blank">upmbiofore.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2115101/804765.jpg" target="_blank">EcoLite press release OMX</a></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM highlights societal impacts in its EMAS reporting System Account2017-06-20T15:00:00Z<p class="hugin">(UPM, Helsinki, 20 June 2017 at 15&#58;00 EET) - UPM has taken the first steps to renew its reporting under The European Eco-Management and Audit Scheme (EMAS). Four of the company's mills have this year completed their EMAS Environmental Performance reports with locally relevant information on societal aspects and impacts. The mills are UPM Changshu paper mill in China, UPM Nordland paper mill in Germany, UPM Kaukas paper and pulp mills in Finland and UPM Fray Bentos pulp mill in Uruguay. The company will decide on its future EMAS reporting approach based on the feedback gained from its various internal and external stakeholders and the EMAS organisation.</p> <p class="hugin">&quot;We see ourselves as an integral part of the local communities. Being transparent with the environmental information and the impacts of our operations is very important, but we also want to share the societal aspects and impacts with our stakeholders&quot;, says <b class="hugin">Gabriele Wende</b>, Director, Reporting and product stewardship, UPM. </p> <p class="hugin">&quot;UPM has integrated&#160;responsibility data in its Annual Report already for the last 10 years. While the Annual Report is a great source of corporate-wide information, the detailed local report gives a new dimension to our local value creation&quot;, Wende continues. </p> <p class="hugin">&quot;By EMAS registration an organisation shows both its willingness and capability to commit to environmental responsibility&quot;, says <b class="hugin">Merja Saarnilehto</b>, Ministerial Adviser, Finnish Ministry of the Environment. &quot;Combining the environmental data with information about locally relevant societal aspects and impacts gives the local stakeholders even a wider overview of company's obligations and commitments. It also points out concrete measures the company has taken to reach them. In this, UPM leads by a good example&quot;, Saarnilehto continues.</p> <p class="hugin">&quot;Transparent reporting is one of the key elements fostering the added value of EMAS for companies, authorities and citizens. The commitment of UPM to transparently report on its environmental performance &#160;for over the last 20 years confirms the company's commitment to conducting an open dialogue with local stakeholders at its EMAS registered sites all over the world,&quot; says <b class="hugin">Hugo-Maria Schally,</b> Head of Unit 'Sustainable Production, Products &amp; Consumption' at DG Environment, European Commission.</p> <p class="hugin">&quot;Completing EMAS reporting with societal aspects and impacts is an interesting step to deepen this dialogue. The Commission follows with interest this evolution and its interaction with EMAS reporting&quot;, Schally concludes.</p> <p class="hugin">UPM pulp and paper mills registered in EMAS soon after the scheme was established in 1995, and has been persistent with registration since. In 2012 and 2013, UPM extended its Corporate EMAS registration to its mills outside Europe, to UPM Fray Bentos pulp mill in Uruguay and to UPM Changshu paper mill in China. </p> <p class="hugin">The rest of the paper and pulp mill specific EMAS reports and the corporate environmental statement will be published in the near future <a class="hugin" href="http&#58;//www.upm.com/Responsibility/fundamentals/Reporting/Pages/default.aspx" target="_blank">on UPM website</a>. The final registration is complete only when the Corporate EMAS registration 2016 has been approved. </p> <p class="hugin">Read more on UPM's socio-economic impacts at local level in an article on <a class="hugin" href="https&#58;//www.upmbiofore.com/upm/social-responsibility-integrated-in-local-environmental-reporting/" target="_blank">upmbiofore.com</a>. </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Gabriele Wende, UPM, Director, Reporting and product stewardship, tel. +49&#160;175 1500 705.</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company- <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx