UPM is investing EUR 10 million in the development of UPM Plywood's plywood mill in Joensuu. The investment includes new production lines, new workspaces and 720 square meters of completely new production space. UPM's investment strengthens the mill's competitiveness by improving the mill's security of supply and ensuring the high quality of demanding products. UPM Joensuu manufactures plywood and plywood components for demanding industrial applications, such as the floors of heavy-duty trailers and the insulation elements of LNG tankers carrying liquefied natural gas. In industrial applications, the consistent and high quality of the products as well as the reliability and punctuality of deliveries are emphasized. Defective or untimely components cause difficulties in the production of customer companies.

Metsä Fibre, part of Metsä Group, is to initiate negotiations on changes related to its plans to discontinue the sawn timber production in Kyrö. According to the plans, production will end in the summer of 2022. The change negotiations at the Kyrö sawmill concern all the sawmill’s 73 employees. “The Kyrö sawmill has reached the end of its technical service life, which is why we’ve initiated plans to close down its operations,” says Ismo Nousiainen, CEO of Metsä Fibre. The annual production capacity of the Kyrö sawmill is approximately 230,000 m3 pine sawn timber, and the annual wood consumption is approximately 450,000 m3.

The American Forest & Paper Association (AF&PA) released the June 2026 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 8% in June compared to June 2025. Across the 3 major printing-writing categories — uncoated free sheet (UFS), coated free sheet (CFS), and mechanical (MECH) — year to date U.S. shipments in June showed negative results when compared to the same period last year. UFS shipments decreased 9%, CFS shipments decreased 3%, and MECH shipments decreased 28%.