UPM and Telko have signed a distribution agreement for UPM's new composite product UPM ForMi. Telko will sell the natural fibre composite developed by UPM through its global distribution network to the furniture, vehicle and electronics industries and to plastic companies that manufacture consumer products.
"With this agreement we are able to offer our clients a new, interesting product. UPM ForMi is an excellent fit to Telko’s existing product range. In addition, cooperation with UPM opens new possibilities in plastics industry," says Telko’s CEO Kalle Kettunen.
The distribution agreement between UPM and Telko will make UPM ForMi available in the market faster, says Director Stefan Fors, Director, UPM's Advanced Fibre Materials. "Our aim is to develop international business and find new international development partners. Telko provides us with an efficient and extensive distribution network."
UPM ForMi is a composite that can be utilised in both industrial and consumer applications. The new composite is manufactured from pulp fibre and pure plastic polymers. UPM ForMi contains 20–60% of fibre depending on the application.
The new composite can be coloured and injection moulded in the same way as plastic. Products manufactured from UPM ForMi are consistent in quality, non-toxic and odourless. Telko will sell UPM ForMi in the form of granulates manufactured by UPM in Lahti.