Nip Impressions logo
Thu, Mar 28, 2024 09:32
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
UPM to suspend purchasing of wood in and from Russia and operations at its Chudovo plywood mill

HELSINKI (News release) -- UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo plywood mill operations for the time being. The company is preparing a mitigation plan accordingly. UPM also informed on 3 March 2022 that it will cease deliveries to Russia.

The suspension will be implemented with due consideration of UPM's local employees, customers and stakeholders as well as the legislation in Russia. UPM continues to honour its obligations towards its employees in Russia. UPM businesses will keep their customers and suppliers informed of the situation. We also continue to monitor the development of the sanctions and will make further decisions accordingly.

Today's decision is in line with the recent analysis and positions by major forest certification bodies FSC and PEFC. They have excluded the wood originating from Russia and Belarus from their certification systems.

UPM continues to provide humanitarian aid and material support in Ukraine in order to help those suffering from the war.

You get lots of valueless email, sign up for newsletters that can promote your career.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: