As part of a programme to focus its business on speciality paper
and packaging products, Finland-based packaging group UPM-Kymmene
has agreed to sell its Loparex unit, part of a company division
that makes labels.
Stora Enso, the Finnish-based global wood-based products group, has
signed a new €2.5 billion revolving credit facility agreement with
a group of 21 banks, which will allow it to increase investment in
existing facilities.
