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2020-06-15 00:00:00
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UPM Opens New Plywood Mill in Russia but at the cost of reducing its production in Finland
Finnish forestry group UPM-Kymmene said on Tuesday it would permanently close its Jyvaskyla mill, which produces spruce and birch plywood in central Finland, Reuters informs.
“Competition in the birch plywood market is increasing constantly. New birch plywood capacity has been built especially in Russia, where the production cost level is significantly more competitive than in Finland,” it said in statement. |
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