The largest European forest industry company, UPM-Kymmene of Finland, has decided to enter into a coating technology and knowhow transfer agreement with Domtar Inc., a leading Canadian paper company. This agreement will allow both companies to explore areas of mutual interest and exchanges in coating technology and knowhow.
Mr. Juha Niemelä, UPM-Kymmene's President and Chief Executive Officer, said that "This relationship with Domtar, a well-established North American paper company, will enable UPM-Kymmene to commercialize its coating technology expertise." Mr. Niemelä futher noted that "This agreement will help UPM-Kymmene advance its knowledge of the North American business environment and fiber base."
For futher information:
Mr. Denis Couture, Vice-President, Communications and Government Relations, Domtar Inc., tel. (1-514) 848-5103
Mr. Markku Franssila, Vice-President, Communications, UPM-Kymmene Corp., tel. (358) 204 15 0021