UPM invests over 10 million EUR in Finland

UPM Specialty Papers has confirmed that it will invest over 10 million EUR (approximately 11m USD) in the modernization of UPM Tervasaari mill in Valkeakoski, Finland.

The investment will allow UPM Specialty Papers to boost capacity and improve production stability in its highly specialized products, such as glassines and flexible packaging papers. 

‘UPM Specialty Papers has over 40 years of experience producing highly demanding specialty papers. This investment underscores our commitment to serving customers in the label, tape and industrial value chains as well as packaging,’ highlighted Tomi Lonka, senior vice president, global specialty papers, UPM Specialty Papers. 

The modernization project includes the paper machine drying section rebuild and related steam system upgrade. The project is expected to be completed at the end of 2026. In recent years UPM has also invested approximately 20 million EUR (approximately 22m USD) in boosting the energy efficiency of UPM Tervasaari mill. For example, in 2023, a new electric boiler was installed. 

UPM Specialty Papers offers a comprehensive portfolio of high-quality glassine papers and packaging papers. The glassines include a wide range of shades and basis weights. These papers are typically used in labels, double-sided tapes and other industrial end-uses. 

For flexible packaging it offers a wide portfolio of fiber-based, recyclable papers, including barrier, barrier base, and C1S (coated one side) packaging papers.