UPM terminates its pulp purchase contract with APRIL
(UPM, Helsinki, 12 November 2009)– UPM will increase the share of plantation based eucalyptus pulp from Uruguay in the paper production of its Changshu paper mill in China. Consequently, at the end of October, UPM decided to terminate its pulp purchase contract with APRIL. The new pulp sourcing strategy has been made possible by the agreement concerning the transfer of the Fray Bentos pulp mill in Uruguay to UPM's ownership. UPM informed APRIL at the beginning of November about its decision to terminate the purchasing contract.