{"id":79362,"date":"2020-06-15T11:32:19","date_gmt":"2020-06-15T11:32:19","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/upm-close-plywood-mill-finland\/"},"modified":"2025-09-19T08:53:30","modified_gmt":"2025-09-19T08:53:30","slug":"upm-close-plywood-mill-finland","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/upm-close-plywood-mill-finland\/","title":{"rendered":"UPM to close plywood mill in Finland"},"content":{"rendered":"
\n

UPM Plywood is planning to permanently close its Jyv\u00e4skyl\u00e4 plywood mill in Finland, which is producing spruce and birch plywood.<\/em><\/p>\n

The company starts a consultation process concerning the entire personnel working at the mill. UPM Jyv\u00e4skyl\u00e4 plywood mill employs 167 people.<\/p>\n

The profitability of Jyv\u00e4skyl\u00e4 plywood mill has been weak for a long time, even during periods of high-demand. Despite investments as well as savings and improvement activities, the profitability has not improved to a sustainable level.<\/p>\n

Competition in the birch plywood market is increasing constantly. New birch plywood capacity has been built especially in Russia, where the production cost level is significantly more competitive than in Finland. If realized, the planned actions would strengthen UPM Plywood\u2019s overall competitiveness and performance in the long run.<\/p>\n

\u201cIn Finland, a full run of the capacity has not been feasible due to the terms in the woodworking industry. In addition, repeated labour market disturbances have weakened the delivery reliability of Finnish mills. According to the plan, the products currently manufactured in Jyv\u00e4skyl\u00e4 would be produced in other UPM Plywood mills in Finland, Estonia, and Russia\u201d, says Mika Sillanp\u00e4\u00e4, EVP UPM Plywood.<\/p>\n

UPM will recognise restructuring charges of approximately Euro 22 million as items affecting comparability in its 2Q 2020 results. The planned actions would result in annual savings of approximately Euro 11 million.<\/p>\n<\/div>\n

<\/h2>","protected":false},"excerpt":{"rendered":"

UPM Plywood is planning to permanently close its Jyv\u00e4skyl\u00e4 plywood mill in Finland, which is producing spruce and birch plywood. The company starts a consultation process concerning the entire personnel working at the mill. UPM Jyv\u00e4skyl\u00e4 plywood mill employs 167 … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":63193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3256,3272],"class_list":["post-79362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-plywood","tag-upm","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"\nUPM to close plywood mill in Finland - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/upm-close-plywood-mill-finland\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UPM to close plywood mill in Finland - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"UPM Plywood is planning to permanently close its Jyv\u00e4skyl\u00e4 plywood mill in Finland, which is producing spruce and birch plywood. 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