UPM will refurbish the Voikkaa hydropower plant located on the Kymi River in south east Finland. The refurbishment work will start up late 2011, and will take about two years.
A total of 300 UPM-Kymmene Corporation new shares were subscribed for by 25 March 2011 under the company’s stock option rights 2007A. The entire subscription price of EUR 3,720 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of UPMs shares will increase to 519,970,388.
M-real Corporation, part of Metsäliitto Group, has signed a Memorandum of Understanding (MoU) regarding a divestment of the Premium Paper business to a sister company of Papierwerke Lenk AG. The divestment would include the complete Premium Paper business and related assets as well as about 100 M-reals employees.
Compact laser modules ideal for versatile use in industrial applications
Effective April 15, 2011, or as contracts allow, BASF will increase prices in Europe, Africa and Western Asia for polymer dispersions as well as additives by 110 Euro per metric ton and acrylic resins and redispersible powders by 180 Euro per metric ton.
We would like to inform you that Nippon Paper Group resumes operations suspended due to the earthquake centered off the coast of Miyagi Prefecture on April 7 at following mills:
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