Pulp love i.e. Stora, UPM, Metsä etc.

[Logitech]

@Enronin_tilintarkast

When UPM sold its packaging materials business to Billerud in 2012, in addition to Tervasaari, the same pattern was also present in Pietarsaari. In Pietarsaari, UPM produces pulp, and on the same plot, Billerud still makes kraft paper and sack paper.

In that UPM/Sappi arrangement, the same pattern emerges in Kymi. UPM produces pulp, and the new JV makes fine paper next door. Of course, the Kymi pulp mill can also dry its entire production and sell it to the market if local demand were to shrink.