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BIOFORE
I N T I M E
You can now read
Biofore Magazine and
interesting articles in our
new digital publication at
www.upmbiofore.com.
UPM has been listed as the industry leader in the Dow Jones European and
World Sustainability Indices (DJSI) for 2015–2016. The listing comes as
recognition for excellent environmental performance, responsible sourcing
practices and strict corporate governance, but is also a sign of successful
communications and engagement with stakeholders.
“We actively share our activities with our stakeholders and their impacts
on the environment, people and the economy, which has been positively
noted,” says
Pirkko Harrela
, Executive Vice President, Stakeholder Relations.
The DJSI follows a best-in-class approach, recognising companies across
all industries that outperform their peers in sustainability metrics. UPM is
listed in the indices for the fourth year in a row.
External recognition for
responsibility from Dow Jones
UPM is set to strengthen its position as the leading
plywood manufacturer in Europe by expanding
the Otepää plywood mill in Estonia.
“New competitive production capacity will improve
our capability to respond to growing demand and
to serve our key customer industries more reliably
and effectively. Our goal is to secure our favourable
profitability development”, says
Mika Sillanpää
,
Executive Vice President of UPM Plywood.
The expansion will bring the mill’s production to
almost double at 90,000 m
3
per annum. In addition
to the mill's expansion, the site will also host a new
bio power plant, which will replace the old, partly
oil-burning plant.
The investments made in Otepää total about
EUR 40 million. Around 40 new employees
will join the personnel at the expanded plant.
UPM's
Chudovo
plywood
mill turns
25
UPM's Chudovo Plywood Mill
celebrated its 25
th
anniversary on
Sunday, 1 November 2015. The mill
has been the pioneer of the modern
plywood industry in Russia and
continues to set the benchmark for
the local plywood industry.
“UPM Chudovo is one of our
top-performing mills in UPM
Plywood. Continuous development,
quality improvement and motivated
employees are the keys of its
success,” says
Mika Sillanpää
,
Executive Vice President,
UPM Plywood.
UPM
expands
Otepää
plywood
mill