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UPM sells two packaging paper machines to Billerud

Biofuels to drive realignment – 2011 results are mixed

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Published in issue 6/2012
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UPM has arrived at an agreement with Billerud on the sale of two packaging paper machines at its mills in Pietarsaari and Tervasaari in Finland. Billerud will buy the two machines for €120m with the aim of strengthening its position in the packaging paper market and also reducing exposure to the pulp market. Other ...

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