UPM-Kymmene: Investments In Energy In Pulp Now Online, Biorefinery Coming Soon

Jun. 17, 2024 11:32 PM ETUPM-Kymmene Oyj (UPMKF) Stock, UPMMY StockUPMKF, UPMMY
(8min)

Summary

  • A new nuclear plant and new pulp facility are scaling this year, although selling commodities at lower prices.
  • Destocking trends are beginning to evaporate which means recovery for Raflatac and specialty papers.
  • The main concern is communication papers as far as hitting targets goes, as structural issues are apparent with global oversupply and facility closures.
  • New shareholder projects are ramping and a biorefinery is coming online later this year. Relative valuation case as well.
  • Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More »

Paper and pulp mill

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UPM-Kymmene Oyj (OTCPK:UPMKF) is a pulp but also paper and other paper products company. Their business split looks like this as of the end of 2023, with fibres representing the pulp exposures, biofuels and hydro the

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