UPM invests over 10 million euros in UPM Tervasaari mill

Press Release 28.5.2025 12:30 EEST

UPM Specialty Papers will invest over 10 million euros in the modernization of UPM Tervasaari mill in Valkeakoski, Finland. The investment will allow UPM Specialty Papers to boost capacity and improve production stability in its highly specialized products, such as glassines and flexible packaging papers.

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“UPM Specialty Papers has over 40 years of experience producing highly demanding specialty papers. This investment underscores our commitment to serving customers in the label, tape and industrial value chains as well as packaging,” highlights Tomi Lonka, Senior Vice President, Global Specialty Papers, UPM Specialty Papers.

The modernization project includes the paper machine drying section rebuild and related steam system upgrade. The project is expected to be completed at the end of 2026. In recent years UPM has also invested approximately 20 million euros in boosting the energy efficiency of UPM Tervasaari mill. For example, in 2023, a new electric boiler was installed.

UPM Specialty Papers offers a comprehensive portfolio of high-quality glassine papers and packaging papers. Our glassines include a wide range of shades and basis weights. These papers are typically used in labels, double-sided tapes and other industrial end-uses.

For flexible packaging we offer a wide portfolio of fibre-based, recyclable papers, including barrier, barrier base, and C1S (coated one side) packaging papers.

Link to images: https://materialhub.upm.com/l/QxSNHK_H6c_5

For further information please contact:
Säde Lindvall, Senior Manager, Brand Communications, UPM Specialty Papers, sade.lindvall@upm.com

UPM, Media relations
Mon-Fri 9:00–16:00 EEST
tel. +358 40 588 3284
media@upm.com

UPM Specialty Papers
UPM Specialty Papers has over 40 years of experience producing high-performance, transformative papers for packaging and labelling. In APAC, we also offer office and graphic papers. Our approximately 2,000 dedicated experts help customers co-create solutions that meet their ambitions for recyclable and renewable products. Our global team and mills in China, Finland and Germany serve customers consistently and reliably around the world. Learn how our products can help you renew the everyday upmspecialtypapers.com

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UPM
UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd.
UPM – we renew the everyday
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