UPM starts with business structure changes

UPM-Kymmene has commenced operating under its new-look business structure.

UPM has trimmed its five main business areas to three business groups as part of its streamlining process, including energy and pulp, paper, and engineered materials.

UPM’s timber business comes under the energy and pulp business group, along with forests and wood sourcing. The engineered materials group will consist of the company’s plywood, wood plastic composite and RFID business areas.

The structure came into force on December 1.