Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, has announced the permanent consolidation of the roll manufacturing operations being conducted in Middletown, Virginia plant location into other Xerium roll plants. This closure will not affect the operations & employees in Xerium’s Global Rolls R&D Center in Middletown. In fact, it will give the R&D team more room to accomplish product development and prototypes on next generation products. The timeline to complete this process is by the end of March of 2016.

“There are very healthy and growing segments of the North American market and Xerium has an outstanding geographical network of North American rolls locations to serve these customers out of its plants in Neenah, WI; Griffin, GA; Ruston, LA; Concord, NH; Kelso, WA and Queretaro, MX. Unfortunately, the Middletown location is not uniquely near many customer mill locations and also has very limited service capabilities. All of the production accomplished in Middletown, VA will be moved to Xerium’s plants in Neenah, WI; Griffin, GA; Ruston, LA and Concord, NH. The equipment in the Middletown, VA plant will primarily be moved outside North America to other continents that are growing and in need of additional equipment.” said Harold Bevis, Xerium’s President and Chief Executive Officer.

“These changes are a Xerium portfolio resource allocation decision and are not reflective of any performance issues in Middletown, VA. The decision to consolidate the Virginia operation is regretful but logically straight forward. The North America market continues to downsize and reformulate due to the permanent elimination of graphical grade paper production. While unfortunate, it is an ongoing market process that is far from over. We fully expect to continue realigning our operations in this environment. As with any action that affects our employees, the need to close this facility comes with great disappointment. We will work diligently to assist affected employees by helping them transition to other internal opportunities where available or secure employment elsewhere.” said Harold Bevis, Xerium’s President and Chief Executive Officer.“

ABOUT XERIUM

Xerium Technologies, Inc. (NYSE:XRM) is a leading global provider of industrial consumable products and services. Xerium, which operates around the world under a variety of brand names, utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. With 27 manufacturing facilities in 13 countries around the world, Xerium has approximately 3,000 employees.

International technology Group ANDRITZ has received an order from Huanggang Chenming Pulp & Paper, China, to supply the cooking plant for its greenfield pulp mill in Hubei province, China. This is the second consecutive continuous cooking order from the Chenming Group and confirms ANDRITZ’s leading global position in continuous cooking technologies suited for production of both kraft pulp for paper grades and dissolving pulp.

ANDRITZ continuous cooking technology for production of both kraft pulp and dissolving pulp Photo: Andritz

The ANDRITZ cooking plant will feature the latest technology, meeting Huanggang Chenming’s requirement to produce both softwood kraft pulp for paper grades and dissolving pulp for textiles and industrial applications. The system includes ANDRITZ’s proven pre-hydrolysis vessel to remove most of the hemicelluloses in the wood in order to achieve extremely high pulp purity.

In addition to the cooking plant, ANDRITZ will deliver equipment for handling non-condensible gases in order to eliminate odorous emissions in the mill.

Huanggang Chenming is part of the Shandong Chenming Paper Group, one of the leading paper producers in China. The group’s annual paper production capacity is approximately six million tons and it has about 13,000 employees.

For further information, please contact:

Oliver Pokorny

Head of Corporate Communications

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.andritz.com

The ANDRITZ GROUP

ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of almost 25,000 employees. ANDRITZ operates over 250 sites worldwide.

ANDRITZ PULP & PAPER

ANDRITZ PULP & PAPER is a leading global supplier of equipment, systems, and services for the production and processing of all types of pulps, paper, tissue, and cardboard. The technologies cover the processing of logs, annual fibers, and waste paper; the production of chemical pulp, mechanical pulp, and recycled fibers; the recovery and reuse of chemicals; the preparation of paper machine furnish; the production of paper, tissue, and board; the calendering and coating of paper; as well as treatment of reject materials and sludge. The service range includes modernization, rebuilds, spare and wear parts, service and maintenance, as well as machine transfer and second-hand equipment. Biomass, steam, and recovery boilers, as well as gasification plants for power generation, flue gas cleaning plants, production equipment for biofuel (second generation), biomass torrefaction equipment, plants for the production of nonwovens, dissolving pulp, plastic films, and panelboards (MDF), and recycling plants are also allocated to the business area.

BillerudKorsnäs has decided on streamlining their production structure through a closure of the paper machine in Tervasaari, Finland, latest during Q3 2016. BillerudKorsnäs will thereby entirely leave the Tervasaari production site. The decision has been made after union negotiations and is based on unsatisfactory profitability levels.

Within BillerudKorsnäs Business Area Packaging Paper, a wide range of kraft papers and packaging solutions are offered for use in food packaging, medical packaging and packaging of construction materials - to mention a few application areas. Under the business area strategy “Selective Growth”, BillerudKorsnäs is taking steps to grow within attractive segments of the packaging paper area and to streamline its production structure.

The BillerudKorsnäs production at Tervasaari consists of one paper machine with a capacity of 100 000 t/a of machine glazed papers, MG papers. The paper machine is unintegrated to pulp production which results in an unfavorable cost position, despite the fact that the machine is among the largest of its kind.

The decision means that the production at the machine will stop latest during Q3 2016.

In August this year, BillerudKorsnäs started a feasibility study investigating among other things the potential of moving the Tervasaari machine to Skärblacka in Sweden. Skärblacka would offer integration to pulp production and, with the Tervasaari machine, Skärblacka would strengthen its position as one of the world's most efficient production units for white MG papers. The investigation is on-going and will be finalized during the first half of 2016.

“The closure of production at Tervasaari is a first step in streamlining our production structure. There is right now intensive work being done in the form of feasibility studies that will lead us in our further development of our production structure. The machine in Tervasaari is one of the largest of its kind and our staff has done a great job to improve profitability through creative ideas and committed efforts but unfortunately this has not been enough due to external factors”, says Christer Simrén, COO and Executive Vice President, BillerudKorsnäs.

The closure will lead to restructuring costs of approximately SEK 100 million. These costs will be included in the reporting for Q3 2015 under “Other units”.

For more information, please contact:

Henrik Essén, SVP Communication and Sustainability, +46 (0)8 553 335 00

The information is such that BillerudKorsnäs Aktiebolag (publ) is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 11.00 CET, October 15th 2015.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world leading provider of primary fiber based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 21 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

www.toscotec.com - The successful cooperation between the Italian supplier Toscotec and AMS BR Star Paper, part of Portucel–Soporcel Group, continues. A new AHEAD-2.0S has been started up at Vila Velha de Ródão plant, in the east of Portugal. The mill already houses another Toscotec AHEAD-2.0S line started up in 2009.

Jose Miranda, Head of Tissue of Grupo Portucel–Soporcel, comments this important result  “ The new TM2 is running at an operating speed of 1900 mpm only two weeks after the start-up date producing high quality tissue and demonstrating, one more time, Toscotec excellence and experience in delivering complex “turn-key” projects”.

The Portuguese project for the new TM#2 included stock preparation plant for virgin pulp, AHEAD-2.0S tissue machine with Steel Yankee Dryer TT SYD-15FT, Milltech hood and air systems, electrification & control system, additional plants and complete engineering and erection activities. With a daily production of 110 tons, AMS BR Star Paper has increased its production to better satisfy the growing market’s demand and to follow the Group’s strategic option to diversify its activity in the tissue business.

About Portucel Soporcel Group

As a leading force in the international pulp and paper market, the Portucel Soporcel Group is one of Portugal's strongest brands on the world stage. In June 2013 it was honored as the "Best Company in Europe" by the European Business Awards in the category "Business of the Year". As part of its strategy of international expansion, the Portucel Soporcel group has embarked on a new cycle of sustained growth on two fronts: by consolidating projects currently underway, and moving into new business areas. In Europe, the Group has decided to diversify into tissue paper, with the aim of establishing itself as a major player in the European market. To this end it has acquired the more efficient tissue factory of Iberian Peninsula - AMS BR Star Paper S.A..

About Toscotec S.p.A.

Toscotec is a turnkey technology supplier to the global paper industry, offering a complete suite of solutions for tissue, paper and board manufacture, as well as maintenance services for rolls and cylinders. Based in Lucca, Italy, and with subsidiaries in China and the USA, Toscotec’s tradition of innovation, energy saving and partnership with customers dates back to its foundation in 1948. Since 2013 Toscotec has been the market leader in tissue machines sales.

For further informationwww.toscotec.com

SCA a leading global hygiene and forest products company, and Wausau Paper Corp. (“Wausau Paper”) (NYSE: WPP), a North American Away-from-Home tissue company, announced today that SCA will acquire Wausau Paper for USD 10.25 per share or total consideration of USD 513 million (approximately SEK 4.2 billion) in cash. The boards of directors of both companies have unanimously approved a definitive merger agreement. The merger consideration represents a premium of 40.6% to Wausau Paper’s closing price on October 12, 2015 and a premium of 11.3% to the Wausau Paper 52 week volume weighted average price. SCA has funding available.

Wausau Paper is one of the largest Away-from-Home tissue companies in North America. With approximately 900 employees, the company manufactures and markets Away-from-Home towel and tissue products along with soap and dispensing systems through its Artisan™, DublNature®, DublSoft® and EcoSoft® brands. Wausau Paper’s advanced tissue technology with manufacturing flexibility enables it to produce its towels and tissue entirely from recycled paper, which will further contribute to SCA’s efforts to create environmentally-friendly products and extend its sustainability commitment. The combined operations will provide customers with access to a comprehensive portfolio of food service offerings and premium tissue and washroom products. Following completion of the acquisition, SCA will continue to honor Wausau Paper’s existing customer contracts and programs. 

“SCA is the world leading supplier of Away-from-Home tissue with the global brand Tork®. The acquisition of Wausau Paper is an excellent strategic fit and strengthens our presence in North America. The Wausau Paper product portfolio complements SCA’s offerings in North America and gives us access to premium tissue in that region. We expect the acquisition to generate benefits for SCA and our customers,” says Magnus Groth, President and CEO, SCA.

“Our Board has undertaken a thorough process to explore all of Wausau Paper’s options and has determined SCA’s offer creates substantial value and is in the best interests of the company and its shareholders. This transaction is a testament to our talented team of employees and the strong, focused company that they have worked to create. Our customers will benefit from expanded products and services from a company that shares similar values around customer service and sustainability,” says Michael C. Burandt, Chairman and CEO of Wausau Paper.

Wausau Paper’s reported sales for the first half year 2015 amounted to USD 175 million (SEK 1.5 billion), EBITDA of USD 32 million (SEK 268 million) and operating profit of USD 11 million (SEK 94 million). Wausau Paper’s reported sales in 2014 amounted to USD 352 million (SEK 2.4 billion), EBITDA of USD 38 million (SEK 263 million) and operating profit of USD -3 million (SEK -19 million). On a pro forma basis, giving effect to the acquisition, SCA’s sales for the full year 2014 would have increased from SEK 104.1 billion to SEK 106.5 billion. Pro forma operating profit for the full year 2014, excluding items affecting comparability, would have been on a similar level and amounted to approximately SEK 11.8 billion.

“This acquisition will benefit customers by providing access to the superior sales, service, innovation and logistics that the combined business can provide. It will expand SCA’s premium tissue and washroom assortment and give Wausau Paper customers the ability to purchase products from SCA’s industry-leading food service offerings - in essence offering customers a ‘one-stop shop’ for all professional hygiene needs. Furthermore, we look forward to welcoming Wausau Paper’s employees to the SCA family,” says Don Lewis, President, SCA Americas.

The acquisition is expected to generate annual synergies amounting to approximately USD 40 million with full effect three years after closing. Synergies are expected in sourcing, production, logistics, reduced imports, increased volumes of premium products and reduced SG&A costs. The restructuring costs are expected to amount to approximately USD 50 million.

The completion of the transaction is subject to Wausau Paper shareholder and regulatory approvals. The Wausau Paper board will recommend that its shareholders vote in favor of the acquisition by SCA. Closing is expected to take place during Q1 2016.

BofA Merrill Lynch is serving as financial advisor to SCA and Morgan, Lewis & Bockius LLP is serving as SCA's legal advisor. Evercore Group LLC is serving as financial advisor to Wausau Paper and Shearman & Sterling LLP is serving as Wausau Paper’s legal advisor.

Caution Regarding Forward Looking Statements:

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission, or SEC. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including our statements relating to the proposed acquisition and its anticipated benefits if consummated, are forward-looking statements. These forward-looking statements are based on assumptions which we believe are reasonable based on current expectations and projections about future events and industry conditions and trends affecting our business. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that, among other things, could cause actual results to differ materially from those contained in the forward-looking statements, including the risk factors described in Wausau Paper’s reports with the SEC, including Wausau Paper’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and the following:

Proposed Acquisition Risks and Uncertainties

•       SCA’s business and the business of Wausau Paper may not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected;
•       Expected combination benefits from the proposed acquisition may not be fully-realized or realized within the expected time frame;
•       Wausau Paper’s shareholders may not approve the acquisition;
•       The regulatory approvals and any other required approvals in connection with the acquisition may not be obtained on the proposed terms or on the anticipated schedule;
•       Revenues following the acquisition may be lower than expected; and
•       Operating costs, customer loss and business disruption, including difficulties in maintaining relationships with employees, customers, clients or suppliers, may be greater than expected following the acquisition.

New factors that could cause actual results to differ materially from those described in forward-looking statements emerge from time to time, and it is not possible to predict all such factors, or the extent to which any such factor or combination of factors may cause actual results to differ from those contained in any

forward-looking statement. We assume no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. 

Additional Information:

This communication may be deemed solicitation material in respect of the proposed acquisition of Wausau Paper by SCA. In connection with the proposed acquisition, Wausau Paper plans to file with the SEC and furnish to its shareholder a proxy statement and other relevant documents. Wausau Paper’s shareholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the proposed acquisition or incorporated by reference in the proxy statement because they will contain important information about the proposed acquisition. Such proxy statement, when it becomes available, can be obtained for viewing, printing, and downloading from Wausau Paper’s website at www.wausaupaper.com. Other SEC filings containing information about each party to the proposed merger transaction can be obtained for viewing, printing, and downloading (without charge) at the SEC’s internet site (http://www.sec.gov). Wausau Paper will furnish to any of its shareholders (without charge) a copy of the proxy statement and the filings with the SEC that will be incorporated by reference therein, when the documents become available, upon written or oral request to the Secretary, Wausau Paper Corp., 100 Paper Place, Mosinee, WI 54455.

The directors and executive officers of each party may be deemed to be participants in the solicitation of proxies from Wausau Paper’s shareholders in respect of the proposed acquisition.  Information regarding the directors and executive officers of Wausau Paper is currently available in its proxy statement for its 2015 annual meeting of shareholders filed with the SEC by Wausau Paper on April 10, 2015. Information regarding the directors and executive officers of SCA is currently available on its website at www.sca.com/en/About_SCA/Corporate_Governance/. Other information regarding the participants in such proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials that will be filed by Wausau Paper with the SEC when they become available.

Any information concerning Wausau Paper contained in this document has been taken from, or is based upon, publicly available information. Although we do not have any information that would indicate that the information contained in this document that has been taken from such documents is inaccurate or incomplete, we do not take any responsibility for the accuracy or completeness of such information.

NB: This information is such that SCA must disclose in accordance with the Swedish Securities Markets Act or the Financial Instruments Trading Act. Submitted for publication on October 13, 2015, at 08:00 CET.

About SCA

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. More information at www.sca.com.

About Wausau Paper

Wausau Paper produces a complete line of Away-from-Home towel and tissue products that are marketed along with soap and dispensing system products under a number of brands including Artisan, DublSoft, DublNature, EcoSoft, and related custom brands. Wausau Paper is listed on the NYSE under the symbol WPP. To learn more about Wausau Paper, visit wausaupaper.com.

Pankaboard, a leading producer of high-substance carton boards and specialty paper boards from Finland, will open a new sales office in Germany, in the region of Frankfurt am Main. The new sales office, Pankaboard Deutschland GmbH, will be responsible for all Pankaboard business in Germany as well as in Austria and Switzerland.

The opening of new sales office in Germany is part of Pankaboard’s business strategy to expand the company’s own sales organisation.

“The target is to strengthen our local presence at one of our main market areas with own local resources dealing directly and closer to our clientele. The change highlights Pankaboard’s long-term commitment to existing and new customers in the region and enables us to offer even more tailored services to our clients”, says Ilkka Mutka

The office will be fully operational as of the 2nd of December 2015 with its dedicated team of sales and customer service. Mr Norbert Spiegel has been appointed Regional Sales Director of Pankaboard Deutschland GmbH. The current Pankaboard sales agent in Germany, Austria and Switzerland, Karton Konzept GmbH, will cease representing Pankaboard by the end of November 2015.

For more information, please contact:

Pankaboard Oy
Mr Lauri Junnila
CEO and Chairman of the Board
+358-10-4804600
This email address is being protected from spambots. You need JavaScript enabled to view it.

Pankaboard Deutschland GmbH
Mr. Ilkka Mutka
Managing Director
+49-171-4440996
This email address is being protected from spambots. You need JavaScript enabled to view it.

Pankaboard is a leading high-substance carton board and specialty paper board manufacturer headquartered in Finland. It production facilities are located in the town of Pankakoski in Eastern Finland. The company produces 110.000 tons of board per year with its two board machines. All products are made of virgin fibers. Majority of the production is exported to Europe, North-America and Asia. Pankaboard is both PEFC and FSC certified and all its products are also ISEGA certified for direct food contact.

Metsä Board is continuing a EUR 170 million investment programme at its Husum mill in Sweden. From mid-October till the beginning of January 2016 the company is installing a new folding boxboard machine, BM1, at the mill and closing down paper machines PM6 and PM7.

”Resource efficiency and product safety have become even more important in consumer, retail-ready and food service packaging. As a result, customer demand for our pure fresh forest fibre based paperboards is growing. We want to respond by offering our customers high-quality paperboards also developed for new kinds of end-uses,” states CEO Mika Joukio.

Metsä Board is marketing the new board machine’s 400 000 t/a capacity to the Americas, as well as to food service end-uses such as cups, plates and trays globally. The new board machine will also allow the company to optimise production at its mills in Finland and improve overall availability of high-quality paperboards.

This year many improvements supporting the company’s growth have already been carried out at the Husum mill site, both at the pulp mill and at its own port. Paper machine PM8 has been switched, as BM2, to production of white fresh forest fibre linerboard, with a capacity of 300 000 t/a. Metsä Board is marketing this linerboard output mainly to the Americas and Europe both for food and general packaging. The company is also continuing uncoated fine paper business reels production on BM2, planned to cease by the end of 2017 at the latest. Based on the increasing linerboard production and the closure of paper machines PM6 and PM7, approximately 500 000 t/a paper production capacity will disappear from the market by the end of 2015.

In accordance with its strategy, Metsä Board is focusing on fresh forest fibre based folding boxboards and linerboards, developed as the perfect fit for consumer goods, retail-ready and food service packaging. Following the Husum investments, the company’s paperboard capacity will exceed 2 million t/a, from the beginning of 2016.

www.metsaboard.com 

Metsä Board is a leading European folding boxboard and white fresh forest fibre linerboard producer as well as a market pulp supplier. The company’s sales network serves brand owners, carton printers, corrugated packaging manufacturers, printers and merchants.
Metsä Board supports its customers’ businesses by providing high-performance paperboards for consumer and retail packaging and graphics. Together with its customers and partners, Metsä Board develops products and services for demanding end uses. The company’s paperboard is mainly used for the packaging of beautycare and healthcare products, foods, cigarettes, and consumer durables as well as graphics. Metsä Board is headquartered in Finland. In 2014, the company’s sales totaled EUR 2.0 billion, and it has approximately 2,600 employees. Metsä Board, part of Metsä Group, is listed on the NASDAQ OMX Helsinki.


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown northern wood. Metsä Group focuses on tissue and cooking papers, fresh forest fibre paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 5 billion in 2014, and it employs approximately 9,800 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 122,000 Finnish forest owners.

Suominen has awarded Pöyry (Appleton) LLC with the EPCM services assignment for the installation of a new wetlaid production line to be located in its Bethune plant, South Carolina, USA. The project includes the installation of a new wetlaid line as well as associated process, electrical and automation systems.

The investment is expected to create at least 25 jobs at the Suominen Bethune plant and the new line is anticipated to be installed in the second half of 2016.

"To achieve the targeted substantial growth, we seek to increase both our sales volumes and the share of products with higher value-added in our portfolio. Therefore, the new production line will focus on supplying nonwovens with higher added value for, among others, household and industrial wiping as well as flushable applications" says Nina Kopola, President & CEO of Suominen Corporation.

"This is an important new project reference in the wiping and hygienic applications and a continuation of a key client relationship for Pöyry" says Vilho Salovaara, President of Pöyry's Regional Operations North America.

The value of the order is not disclosed. The order will be recognised within the Regional Operations Business Line order stock in Q3/2015.

Additional information by:

Michael Hooyman

Managing Director, Pöyry (Appleton) LLC, Regional Operations North America

Tel: +1 920 954 2374     

Vilho Salovaara

President, Regional Operations North America
Tel: +1 438 824 3157

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

UPM is the partner sponsor of the 40^th FIPP World Congress, the world’s largest global magazine media event. The congress will be held in Toronto, Canada from 13 to 15 October 2015. More than 700 consumer and B2B magazine media publishers and other stakeholders are expected to attend the event. Over 50 industry leading speakers and expert panels will give extensive overview on the publishing industry and its future.

“The congress provides us the opportunity to gain deep insights into the international magazine industry in a time of rapid media change. Our role as a paper supplier is to act as a partner to brand owners – and that means understanding their challenges and helping to tackle them”, says Ruud van den Berg, UPM’s Senior Vice President for Magazine Publishing & Advertising.

UPM will host a panel discussion with focus on the enduring power of print. “Print remains in many sectors a crucial arrow in the publishers´ bow. Together with James Oseland, Editor-in-Chief of Rodale´s Organic Life, Joyce Nieuwenhuijs, Brand Director of Flow Magazine and Dan Wakeford, Deputy Editor of People, we will discuss why and how print continues to succeed in a world, where online and printed media complement each other”, explains Ruud.

Furthermore UPM will be an exclusive partner of FIPP’s Rising Stars in Media, a new initiative, which seeks to recognize exceptional young talents with drive and ambition within the international magazine media industry. The top three rising stars will be presented with an award. Ruud concludes: “We were proud to be a member of the judging panel. The high trust in the printed word, the strong performance of magazine brands and the remarkably high commitment that young executives show, makes us happy to support these young talents in the publishing business.”

For further information please contact:
Ulla-Riitta Unkuri, Vice President, Stakeholder Relations, UPM Paper ENA, Tel. +358 2041 50619

The 2015 FIPP World Congress: the largest magazine media event in the world. With world-class speakers and expert panels from across the globe, the Congress agenda will again include many of the world's most prominent media names, giving personal insights on the industry and its future direction. A large commercial exhibition will provide opportunities to delegates to learn about new products and services, innovations in the pipeline and opportunities to exploit. To learn more about the 2015 FIPP World Congress visit: www.fippcongress.com

UPM Paper ENA (Europe & North America) is the world’s leading producer of graphic papers, serving customers in Magazine Publishing & Advertising, Merchants, Home & Office, and Newspaper Publishing. A leader in sustainable and high performance papers, UPM Paper ENA’s production is located in Finland, Germany, the United Kingdom, France, Austria, and the United States. With headquarters in Germany, UPM Paper ENA employs approximately 10,000 people. To learn more about UPM Paper ENA visit: www.upmpaper.com

UPM
Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com

Futura has won several orders for complete high performance tissue converting lines following the Andromeda Showcase held during iT’s Tissue in Lucca this June.

The Andromeda concept represents a complete new converting solution which redraws the boundaries for tissue roll products converting. It was demonstrated for the first time in its complete form in FuturaLab during iT’s Tissue, witnessed by hundreds of tissue professionals over the five days of the event.

Head of Technology and Futura Lab Director Giovacchino Giurlani said: “In all the key areas - process continuity, overall equipment effectiveness, safety, productivity, layout, manpower reduction and finished product quality - we could demonstrate that Andromeda has set a new benchmark.”

“Seeing is believing,” added Head of Sales and VP International Operations Piero Ceccon, “because as a direct result we are very pleased to announce that several new lines based on the Andromeda concept will be delivered in the coming 12 months.”

Futura cannot yet confirm where all the new lines will be located, although it can be revealed that one will be inEurope, at least two in North America and a number of further lines in undisclosed locations.