UPM invests EUR 98 million in Kymi pulp mill in Finland to further 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.
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 said Heikki 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, comprising upgrades 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 Lappeenranta, Finland, assembly work on the currently ongoing EUR 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.
|Type||To Strengthen Its Position in Pulp Market|
|Extimated Cost||EUR 98 Million|
Source : upm.com