23.80500 EUR
0.07
0.29%
Last update Dec 12, 4:29 PM GMT
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Day range
23.62000
23.96000
Previous close
23.73500
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23.80500
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UPM-Kymmene Oyj
23.81
0.07
0.29%

Overview

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Description

UPM-Kymmene Oyj is a Finnish forest industry company engaged in the business of bio and forest-based products. The company's primary purpose is to innovate sustainable solutions across various segments, including the production of paper for printing and writing, specialty and other types of papers, packaging materials, plywood, and biofuels. UPM is heavily involved in the transformation of the traditional paper industry towards more sustainable practices, aiming to reduce dependency on fossil fuels. Notably, UPM operates within crucial sectors such as forestry, chemical production, and renewable energy, emphasizing a biorefinery approach that maximizes the use of wood and wood fiber. As a significant player in the European market, UPM’s sustainable forestry practices contribute to the circular economy, reducing environmental impact while promoting resource efficiency. The company holds a pivotal role in supplying both raw materials and finished products to various industries, thus underpinning its importance in fostering a sustainable future and in economic sectors such as publishing, packaging, and energy production.

About

CEO
Mr. Jussi Pesonen M.Sc. (Eng.)
Employees
17571
Address
Alvar Aallon katu 1
PO Box 380
Helsinki, 00100
Phone
358 2041 5111
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Paper & Paper Products
Country
United Kingdom
MIC code
XLON
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