03 Oct 2013

State of Uruguay grants UPM Fray Bentos mill permit to increase annual pulp production

Source: OMX

(UPM, Fray Bentos, 3 October, 2013 at 05:10 EET) – The State of Uruguay has
granted permission for UPM Fray Bentos mill to increase its annual pulp
production from the current 1.1 million to 1.2 million tonnes. 

“The decision demonstrates the State of Uruguay’s continuing support to the
development of the forestry sector in Uruguay” says Jaakko Sarantola, Senior
Vice President of UPM’s Pulp Business. 

UPM Fray Bentos will now immediately continue pulp production after the annual
maintenance shutdown. Due to the efficiency and productivity of the mill, the
production increase can be realised without additional investments in the
production processes. However, UPM is expected to invest in a cooling system
for the mill’s effluent water. 

“The productivity has increased as a result of focused and professional work of
the Uruguayan team throughout the whole forestry value chain. Since the
start-up of the operations, the mill’s environmental performance has been
excellent and UPM continues respecting the authorized permit limits”, says
Sarantola. 

For further information, please contact:
Jaakko Sarantola, Senior Vice President, UPM Pulp Business, tel. +35840 707 0221

UPM, Media Desk,
Mon–Fri from 9.00 to 16.00 EET
tel. +358 40 588 3284
media@upm.com
www.twitter.com/UPM_News

UPM leads the integration of bio and forest industries into a new, sustainable
and innovation-driven future. Our products are made of renewable raw materials
and are recyclable. UPM consists of three Business Groups: Energy and Pulp,
Paper, and Engineered Materials (until 31 October 2013). The Group employs
around 22,000 people. The company is present in 67 countries and has production
plants in 17 countries. UPM's annual sales exceed € 10 billion. UPM's shares
are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com
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