UPM-Kymmene Oyj
UPM-Kymmene Oyj is a Finnish company that operates in the forest industry, focusing on renewable and sustainable solutions. The company is involved in various segments including UPM Fibres, UPM Raflatac, UPM Specialty Papers, UPM Plywood, UPM Communication Papers, and UPM Energy. UPM is dedicated to reducing carbon emissions through innovative biorefining processes and sustainable forestry practices. The company has a strong global presence with operations in Europe, North America, and Asia, and is committed to sustainability and innovation in its product offerings.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes pulp production for various applications
Label materials for diverse industries
Specialty paper products for niche markets
Plywood products for construction and furniture
Graphic papers for advertising and publishing
Energy solutions including renewable energy
Biofuels and biochemicals from renewable resources
Customers
UPM serves a diverse range of customers across various industries. The company's pulp and paper products are used by publishers, printers, and packaging companies globally. UPM Raflatac provides label materials to manufacturers and retailers, while UPM Plywood caters to the construction and furniture industries. The company's energy solutions are utilized by industrial and commercial clients seeking sustainable energy sources. UPM's biorefining products are targeted at companies in the chemical and fuel industries looking for renewable alternatives.
Buys graphic papers for advertising and publishing
Uses label materials for product labeling
Purchases plywood for construction and furniture
Seeks renewable energy solutions
Uses biorefining products for renewable alternatives
Strategy
UPM's strategic priorities focus on sustainable growth and innovation in renewable materials. The company aims to enhance its performance by leveraging significant investments in biorefining and energy solutions. UPM is committed to reducing its carbon footprint through sustainable forestry and innovative production processes. The company seeks to optimize its commercial interfaces to improve customer experience and ensure supply chain reliability. UPM's strategy is underpinned by its strong portfolio in renewable fibres, advanced materials, and carbon-reducing solutions.
To meet increasing demand for renewable materials
To align with global sustainability goals
To enhance market reach and competitiveness
Geography
UPM-Kymmene has a strong global presence with operations in Europe, North America, and Asia. The company has significant manufacturing facilities in Finland and other parts of Europe, supporting its extensive product portfolio. UPM is expanding its operations in the United States, Malaysia, and Vietnam to enhance its market reach. The company's strategic partnerships in Finland strengthen its wood sourcing capabilities. UPM's global operations are critical for accessing diverse markets and ensuring supply chain resilience.
Risks
UPM faces several risks including fluctuations in product demand and pricing, particularly in the paper and pulp markets. The company is exposed to geopolitical tensions, such as trade conflicts, which can impact its global operations and supply chains. Currency and interest rate changes pose financial risks, affecting profitability and cash flow. UPM must also navigate environmental regulations and sustainability expectations, which require continuous adaptation and innovation. The company's reliance on raw material availability and cost stability is another critical risk factor.
- Environmental RegulationsImpact: CriticalLikelihood: Medium
Requires continuous adaptation
- Geopolitical TensionsImpact: HighLikelihood: High
Trade conflicts can disrupt supply chains
- Currency FluctuationsImpact: MediumLikelihood: Medium
Affects profitability and cash flow
Accounting
Judgemental itemsCritical for contracts with variable considerations
Affects quarterly revenue comparability
Reflects hedging financial positions
Significant due to operational nature
Impacts balance sheet under IFRS 16
Similar listed companies
Publicly listed companies with a comparable business focus.
Trelleborg
TREL-B · Industrials
Trelleborg Group is a global leader in engineered polymer solutions, with a strong presence in industries such as aerospace, automotive, and healthcare.
UFP Industries, Inc
UFPI · Sawmills & Planting Mills, General
UFP Industries is a U.S.-based holding company that designs, manufactures, and supplies wood, wood-composite, and other material products through three…
Stora Enso Oyj
STERV · Paper & Paper Products
Stora Enso is a global provider of renewable solutions in packaging, biomaterials, and wooden construction, leveraging its extensive forest assets.
Kemira Oyj
KEMIRA · Chemicals
Kemira is a global leader in sustainable chemical solutions, specializing in water treatment and fiber-based industries.
Arctic Paper
ARP · Basic Materials
Arctic Paper is a prominent paper and pulp producer, specializing in voluminous book paper and high-grade graphic paper.
Rottneros
RROS · Basic Materials
Rottneros is an independent producer of high-quality market pulp and molded fiber packaging, headquartered in Sweden.
Last updated: 24/09/2026