UPM Expands its Labelstock Business in the U.S.

The expansion is a consistent step in UPM's strategy to strengthen UPM Raflatac's global position in the fast-growing labelstock business. Last year UPM Raflatac started up an efficient RFID tag production facility in Fletcher, N.C., where the company also completed its second coating line at its existing pressure sensitive labelstock factory. In Europe, the company will double its film labelstock production capacity. In China, the construction of a new labelstock production facility in Changshu is on schedule and is expected to start up at the beginning of 2007.