UPM invests further EUR 98 million in its Kymi pulp mill

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UPM invests Euro 98 million in Kymi pulp mill in Finland in a move to strengthen its position as a supplier of bleached chemical pulp for growing consumer and industrial end-use segments like tissue, specialty as well as packaging papers and board.

"Over the past three years we have significantly improved the production efficiency of our pulp mills. This EUR 98 million investment in Kymi will strengthen our position on the pulp market with competitive costs and low risk. After the completion of this project, we will have increased our annual pulp production capacity altogether by over 500,000 tonnes since 2013," saysHeikki Vappula, Executive Vice President, UPM Biorefining.

Kymi's annual pulp production capacity is expected to increase from the current 700,000 tonnes to 870,000 tonnes of bleached northern softwood and birch pulp by the end of 2017. Moreover, the new investment will further improve Kymi's cost-competitiveness and environmental performance.

The investment at Kymi mill will begin immediately, comprisingupgrades in wood handling, the birch fibre line, recovery plant and effluent treatment. New machinery will be connected to the process during the next pulp mill shut-down planned for the autumn of 2017.

In UPM's Kaukas mill in LappeenrantaFinland, assembly work on the currently ongoing Euro 50 million investment in pulp drying and baling will take place during a planned shutdown in the autumn, followed by start-up scheduled for the end of 2016.

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