UPM To Build New Label Materials Operation in Poland
Helsinki—UPM is continuing the strong development of its label business by building a self-adhesive label materials factory in Poland. Construction of the factory will begin in the third quarter of this year, and production is scheduled for start-up in the final quarter of 2008.
The new production and logistics centre will serve the growing eastern European markets and meet increasing demand for filmic label materials European-wide.
“For UPM, this will be the first industrial operation in eastern Central Europe. Label business is one of UPM’s core businesses, and a strategic growth area for the company. We have invested strongly in its development in recent years, and its sales and result have developed favourably. Today’s announcement is a consistent step in the strategy,” says Jussi Pesonen, president and CEO of UPM.
The new factory will feature newest proprietary technology both in coating and finishing. It will supply a wide range of film and paper labelstock products with water-based acrylic and hot-melt adhesives.
“This will secure us and UPM Raflatac’s label printing customers in Europe a solid growth platform for many years to come. Our on-going global strategic development programme, which has necessitated building new, modern production facilities in North America, Asia and now in Europe, will be largely complete. Our aim is to become the leading supplier in Europe, where particularly films and eastern Europe are strong key growth drivers,” says Heikki Pikkarainen, president of UPM’s Label Division.
