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UPM

We reduce the world’s resilience on fossil-based materials by delivering renewable and responsible, wood based products and innovative solutions beyond fossils in six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ 17,000 people worldwide and our annual sales is approximately EUR 9.8 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils.

www.upm.com

Data point of the week

964bn USD

Exports from the PRC to BRI countries in the first half of 2023, exceeding PRC exports to the US, Europe or Japan for the first time. (Bloomberg, Silk Road Briefing)