UPM invests over €10 million in Tervasaari mill

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UPM Specialty Papers will invest over €10 million in the modernisation of its Tervasaari mill in Valkeakoski, Finland. The investment will allow the company to boost capacity and improve production stability in its highly specialised products, such as glassines and flexible packaging papers.

‘UPM Specialty Papers has over 40 years of experience producing highly demanding specialty papers. This investment underscores our commitment to serving customers in the label, tape and industrial value chains as well as packaging,’ highlighted Tomi Lonka, senior vice president, global specialty papers, UPM Specialty Papers. 

The modernisation project includes the papermachine drying section rebuild and related steam system upgrade. The project is expected to be completed at the end of 2026. In recent years, UPM has also invested approximately €20 million in boosting the energy efficiency of Tervasaari mill. For example, in 2023, a new electric boiler was installed.