Consumables
Wednesday 05. February 2014

Norske Skog: Brighter prospects and better margins

Large capacity cuts in the industry have led to improved market balance for newsprint and uncoated (SC) magazine paper. The market for coated (LWC) magazine paper is still challenging. Capacity utilisation in the fourth quarter remained high at around 90%. A weakening of the Norwegian krone improved operating margins, particularly for the Norwegian units, but at the same time this increased long-term debt, which is mostly in EUR and USD.

Wednesday 05. February 2014

Designers Tapio Anttila and Jesse Christian Perttula were awarded at UPM Grada Design Awards

UPM Grada Design Awards last night was the climax of the UPM Grada Best Pieces exhibition in Lahti Finland. In the event UPM awarded the designers displaying their works at the exhibition. Well-known Finnish designer, Tapio Anttila, received the prize for UPM Grada 2013 Designer and designer Jesse Christian Perttula was recognized in his category receiving the Young Designer 2013 award. UPM also offers the awarded designers an opportunity for a co-operation agreement. The total value of prizes and co-operation agreements are 10 000 euros.

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