contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


upm-kymmene-oyj-upm-plywood-and-the-industrial-union-have-signed-the-new-collective-labor-agreement-strikes-at-the-mills-in-finland-are-ending

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

UPM-Kymmene is active in the forest industry. The company currently works with the development of wood biomass and biofuel. The product portfolio is broad and includes, for example, biochemicals, printing materials, paper, and timber. The company has operations on a global level, with the largest presence around the European market. The head office is located in Helsinki.

publish.ne.cision.com              ViewReleaseInStandardHtml                              UPM is launching UPM Circular Renewable Black™ pigment, a groundbreaking innovation that redefines the role of black color in sustainable packaging. UPM Circular Renewable Black is the world’s first bio-based and carbon-negative\[1\] pigment that can be identified by near-infrared (NIR) radiation. It enables premium packaging that combines top-tier design, full recyclability, and strong, responsible performance. Black packaging has long been considered a challenge for recycling, as fossil-based carbon black prevents optical sorting in NIR systems, making packaging virtually invisible in recycling facilities. UPM Circular Renewable Black changes the situation. The pigment is made from renewable lignin and is certified according to independent certification systems (FSC\[2\], PEFC\[3\], ISCC Plus). The pigment offers an iconic deep black shade, full NIR detectability, and a carbon-negative footprint, enabling brands to adopt circular economy-supporting and climate-positive packaging solutions. UPM Circular Renewable Black is part of UPM’s portfolio of carbon-negative solutions, which will be produced at the company’s 1.3 billion euro biochemicals plant in Leuna, Germany. The plant is Europe’s largest industrial-scale investment in biochemical production. It converts sustainably sourced hardwood into next-generation biochemicals and accelerates the transition from fossil-based solutions to renewable materials across various industries.

As a forest owner, I wouldn’t be overly concerned about this UPM situation. Let’s hypothetically assume that the new JV would close the Kirkniemi paper mill, meaning a capacity reduction of 575,000 tons per year. This multiplied by 3, meaning a reduction in raw wood demand of 1,725,000 cubic meters of wood per year. However, that’s only about 5% of fiberwood consumption in Finland. Of course, it would affect the price of raw wood, but less than the imported wood brought from Russia back in the day.

Comparing the change over a 10-year period, production has decreased and revenue has increased: UPM revenue 2024: 10.3 billion (2014: 9.9) Products 2024: 10.1 Mt + 1.7 Mm3 (2014: 13 Mt + 2.1 Mm3) Sources: https://www.upm.com/siteassets/investors/reports-and-presentations/2024/upm-vuosikertomus-2024.pdf and https://www.upm.com/siteassets/investors/reports-and-presentations/2014/upm_vuosikertomus_2014.pdf If one disregards those tonnes and cubic meters and instead looks at their relative figures, revenue has increased by 33% in ten years. However, inflation has eroded 26% of that (EUR Inflation Calculator - Euro (2014-2025)). Still, 7% better. Are the chosen years the best possible for comparison, as revenue and production vary? It would be nice to see a similar comparison for other companies as well.

My memory of the early 2010s is different. I remember Pesonen saying directly that newsprint machines would not be converted or renewed, but rather run to their end, and the resulting cash flow would be used to develop new businesses. UPM thus made a different strategic choice than SE and MG. At that time, the largest ongoing projects were the refining of biofuels in Lappeenranta as a completely new business, and the expansion/diversification of pulp production in the Uruguay project. In addition, Pesonen strongly emphasized UPM’s transformation from a bulk paper producer to a high-tech company. Previously, UPM registered only a few patents a year; in the early 2010s, the number rose, I don’t remember exactly, perhaps 20-fold? Hindsight is, of course, always the best wisdom, and it is clear that innovations in the forest sector will largely continue to depend on political guidance – that is, in practice, whether producers of replaceable products (such as traditional cotton producers in the case of wood-based textile fibers) have to pay for the negative external effects they cause, or not. Politicians often decide for political reasons that they do not have to. In such cases, high-tech solutions from the forest industry cannot compete economically. This has also happened to a very large proportion of forest industry innovations since the early 2010s. I don’t know which year in the early 2010s was referred to here, but in my memory, Pesonen’s view on the future of printing papers was no more optimistic than others’. Surely many expected some kind of recovery, but the depth and permanence of the decline came as a surprise. On the other hand, at the societal level, we expected until about 2020 that the economy would soon enter strong growth after the 2008 crisis, as had always happened before. Now a huge number of people have appeared who, of course, immediately saw that economic growth like before was never going to happen. Hindsight is always easiest.

And now UPM’s current CEO “Metsä-Massimo” has to clean this up                    Maaseudun Tulevaisuus – 8 Dec 25              Kun UPM etsii kannattavuutta papereilleen, metsänomistajat ottavat iskuista...    UPM etsii tuottoja Suomen ulkopuolelta. Se vaikuttaa varmasti myös puunmyyjien asemaan, muistuttaa päätoimittaja Jouni Kemppainen.

In Nordland, the same applies, paper machine 2 remains with UPM, while PM1 and PM4 transfer to the JV.

In that UPM/Sappi arrangement, the same pattern emerges in Kymi. UPM produces pulp, and the new JV makes fine paper next door. Of course, the Kymi pulp mill can also dry its entire production and sell it to the market if local demand were to shrink.

UPM-Kymmene

(UPM, Helsinki, May 9, 2025 at 16:25 EEST) - UPM Plywood and the Industrial Union have today signed the new collective labor agreement for UPM Plywood mills in Finland. The strikes at the mills...

(UPM, Helsinki, May 9, 2025 at 16:25&nbsp;EEST) - UPM Plywood and the Industrial Union have today signed the new collective labor agreement for UPM Plywood mills in Finland. The strikes at the mills are ending and work will start immediately."We are pleased to have reached an agreement and to be able to start the work in our mill operations. We managed to find a solution that secures the purchasing power of our employees and supports the future success of UPM Plywood mills," says Juhani Tenhunen, Vice President, Operations at UPM Plywood.The new company specific collective agreement is set to take effect today and is valid until the end of 2027.For further information please contact: Juhani Tenhunen, Vice President, Operations, UPM Plywood, tel. +358 (0)204&nbsp;158 555UPM, Media relations Mon-Fri 9:00-16:00 EEST tel. +358 40 588 3284 <a href="mailto:media@upm.com">media@upm.com</a>UPM Plywood offers high-quality WISA® plywood and veneer products for construction, vehicle flooring, LNG shipbuilding, parquet manufacturing and other industrial applications. In 2024, UPM Plywood sales were EUR 430 million and it had around 1,600 employees.&nbsp; - <a href="http://www.wisaplywood.com">www.wisaplywood.com</a>UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM - we renew the everyday Read more: <a href="http://www.upm.com">upm.com</a>Follow us on&nbsp;<a href="https://www.linkedin.com/company/upm-kymmene">LinkedIn</a>&nbsp;|&nbsp;<a href="https://www.facebook.com/UPMGlobal">Facebook</a>&nbsp;|&nbsp;<a href="https://www.youtube.com/user/upmdotcom">YouTube</a>&nbsp;|&nbsp;<a href="https://www.instagram.com/upmworld/">Instagram</a>&nbsp;| <a href="https://twitter.com/UPMGlobal">X</a> &nbsp;|&nbsp;#UPM #materialsolutions #WeRenewTheEveryday<div></div>