UPM-Kymmene Corp - Company Profile
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Business Description
UPM-Kymmene Corp (UPM) is a manufacturer and supplier of renewable and recyclable products. The company manufactures fiber and forest biomass-based products, recyclable raw materials, and related products. Its product portfolio includes printing papers, specialty papers, label materials, plywood, biomedicals, and biochemicals. It also carries out the production of biofuels and electricity generation.
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R&D Overview
UPM has undertaken several R&D initiatives to ensure long-term growth and strong margins across its businesses. The company focuses on high performance in established businesses and creating opportunities in new areas. A strategic innovation management model has been introduced to improve prioritization, accelerate execution, and ensure measurable impact. In FY2025, UPM Adhesive Materials piloted a global Product Development framework to unify processes and improve collaboration, data use, and execution speed. The R&D units of UPM include research centers in Finland, China, and Germany. These centers focus on research, piloting, and analytics, enabling collaboration with customers, value chain partners, and research organizations. The center in Germany has increased biochemical R&D and piloting activities, while the center in Finland focuses on renewable fibers, advanced materials, and decarbonization solutions. The Asia research center in China ensures the competitiveness of advanced materials, and the center in Uruguay pilots future pulp end uses. The company has three research centers and holds more than 5,000 patents and patent applications, amore than 2,000 trademarks globally. In FY2025, the company spent EUR404 million on R&D, which as a percentage of revenue, stood at 4.1%.
Business Segments
- UPM Adhesive Materials
- UPM Communication Papers
- UPM Energy
- UPM Fibres
- UPM Plywood
- UPM Specialty Papers
- Other Operations
Overview
Provides high-performance, innovative self-adhesive products, including label materials, graphics solutions, and specialty tapes. It served industries such as food, beverage, personal care, pharmaceutical, and logistics.
Overview
Offers a wide range of sustainably produced graphic papers for advertising, publishing, and home and office uses. It serves industries such as advertising, publishing, and office supplies.
Performance
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Overview
Generates CO2-free electricity through hydropower and nuclear power plants. It serves the electricity market by trading electricity and its derivatives and exploring energy transformation opportunities. It is the second-largest electricity producer in Finland.
Performance
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Overview
Consists of pulp and timber businesses, offering pulp grades for tissue, specialty papers, packaging papers, graphic papers, and board. It serves industries like packaging, printing, and construction.
Performance
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Overview
Offers high-quality WISA plywood and veneer products for industries such as construction, vehicle flooring, LNG shipbuilding, parquet manufacturing, and other industrial applications.
Performance
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Overview
Offers labeling and packaging materials, as well as office and graphic papers. It serves industries such as labeling, commercial siliconizing, packaging, office use, and printing.
Performance
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Overview
Includes the operations of UPM Forest, UPM Biofuels and UPM Biochemicals business units. UPM Biofuels produces wood-based renewable diesel for all diesel engines and renewable naphtha, which can be used as a biocomponent for gasoline or for replacing fossil raw materials in the petrochemical industry. UPM Biochemicals offers wood-based renewable biochemicals to replace fossil-based raw materials in applications such as packaging, PET bottles, cosmetics, pharmaceuticals, textiles, detergents, rubbers, and resins. It serves industries focused on sustainability and renewable materials.
Performance
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Geographical Segments
- China
- Finland
- France
- Germany
- Other EU Countries
- Other European Countries
- Poland
- Rest of World
- United Kingdom
- United States
- Uruguay
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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