UPM-Kymmene Corporation (OTCMKTS: UPMKY) is a Finland-based forestry and biofuels company with roots in the 18th-century Finnish forest industry. Established in 1996 through the merger of Kymmene Corporation and Repola Ltd, the company draws on traditions dating back to early paper mills in Finland. Headquartered in Helsinki, UPM rebranded under its current name in 2017 to reflect its integrated approach to renewables and advanced bio products.
UPM’s core offerings span pulp, graphic papers, label materials, specialty papers and plywood, alongside a range of sawn timber products. In recent years, the company has expanded into biorefining, producing wood-based biofuels, biochemicals and biocomposites that serve packaging, textile and adhesive markets. Its vertically integrated operations leverage advanced manufacturing techniques to maximize yield, minimize waste and reduce carbon intensity.
With a presence in more than 40 countries, UPM maintains a global network of production sites and sales offices across Europe, North America and Asia. Its products are used by publishers, commercial printers, brand owners and logistics firms, while its energy division operates hydropower assets that contribute to UPM’s renewable power portfolio. The company’s end markets include packaging, publishing, construction and automotive industries.
Since 2004, UPM has been led by President and CEO Jussi Pesonen, under whose stewardship the company has pursued an ambitious sustainability agenda. UPM has set long-term targets to reduce greenhouse gas emissions and enhance responsible forestry practices. The board of directors oversees strategic initiatives and risk management, guiding UPM’s transition toward circular economy solutions and low-carbon bioindustries.
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