Invitation to UPM’s Forest and Energy webcast on 12 September 2022
(UPM, Helsinki, 17 August 2022 at 15:30 EEST) – UPM will arrange a Forest and Energy webcast for investors, analysts and bankers on 12 September 2022 at 15:30-17:30 EEST. Sustainably managed forests and plantations and low-emission energy generation form the basis of UPM’s value creation. This drives our performance, enables growth, promotes innovation, and makes a future beyond fossils possible.
Climate change mitigation and resource scarcity require further electrification of the society and rapid reduction of the use of fossil-based fuels and materials. Geopolitics and the current energy market situation in Europe have made fossil energy even less appealing and emphasised the importance of supply security and competitiveness. All this drives demand for renewable materials and reliable, competitive low-emission energy.
We have systematically developed our forest assets and expanded the plantations in Uruguay, continuously improving productivity of our operations. This now enables growing our pulp production by more than 50% when the UPM Paso de los Toros pulp mill starts up by the end of Q1 2023.
During the webcast we will discuss how sustainable forestry combines climate change mitigation, enhancing biodiversity and economic interests. UPM Forest Action programme takes a holistic, global view, and outlines an ambitious agenda to maximise the positive impact of our forestry operations.
We will discuss UPM’s growing energy generation, which is set to be in high demand in the current energy market situation. UPM Energy’s carbon free electricity generation will increase by nearly 50% with the start-up of the OL3 nuclear power plant unit in Finland. Finally, we will take a look at our energy consuming businesses in the context of the energy markets.
Participants of the webcast can view the webcast online at www.upm.com or through this link. Participants will have the opportunity to ask questions. Recording of the webcast will be posted on the website after the event.
For further information please contact:
Mika Mikkola, Vice President, Investor Relations, UPM, tel. +358 (0) 2041 50376
UPM, Investor Relations
Mon-Fri from 9:00 to 16:00 EEST
tel. +358 (0) 2041 50033
UPM, Media Relations
Mon-Fri 9:00-16:00 EEST
tel. +358 40 588 3284
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 17,000 people worldwide and our annual sales are approximately EUR 9.8 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
EMGA completes EUR 9.4M capital raise for Kashf Foundation with financing from BIO3.10.2022 02:00:00 CEST | Press release
LONDON, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The EURO 9.4 million funding facility for Kashf Foundation was originated, structured, and negotiated by Emerging Markets Global Advisory LLP (EMGA), the emerging market investment bank. Speaking on the transaction, Mr Shahzad Iqbal, CFO of Kashf Foundation said, “Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan. Set up in 1996 as the first specialized microfinance institution of Pakistan it began its operations as a Grameen replicator and since then, Kashf has successfully carved out a distinct and unique niche for itself in the microfinance sector in Pakistan by offering a suite of innovative and transformative products and services to low-income households especially for women. It has a current outreach of over 600,00+ female borrowers across its 360+ branches with a GLP of USD 90+ million.” “Just to share that it has always been a pleasure working with EMGA
FRO - 2022 Annual General Meeting30.9.2022 22:30:00 CEST | Press release
Frontline Ltd. (the “Company”) advises that the 2022 Annual General Meeting of the Shareholders of the Company was held on September 30, 2022 at 08:00 a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2021 were presented to the Meeting. In addition, the following resolutions were passed: To set the maximum number of Directors to be not more than eight. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit. To re-elect John Fredriksen as a Director of the Company. To re-elect James O’Shaughnessy as a Director of the Company. To re-elect Ola Lorentzon as a Director of the Company. To re-elect Ole B. Hjertaker as a Director of the Company. To re-elect Steen Jakobsen as a Director of the Company. To re-appoint PricewaterhouseCoopers AS of Oslo,
GOGL – 2022 AGM Results Notification30.9.2022 22:30:00 CEST | Press release
Golden Ocean Group Limited (the “Company”) advises that the 2022 Annual General Meeting of the Shareholders of the Company was held on September 30, 2022 at 08:30 a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2021 were presented to the Meeting. In addition, the following resolutions were passed: To set the maximum number of Directors to be not more than eight. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit. To re-elect John Fredriksen as a Director of the Company. To re-elect Ola Lorentzon as a Director of the Company. To re-elect James O’Shaughnessy as a Director of the Company. To re-elect Bjørn Tore Larsen as a Director of the Company. To re-elect Ben Mills as a Director of the Company. To re-appoint PricewaterhouseCoopers AS
Wolters Kluwer acquires Open Access publisher30.9.2022 20:45:00 CEST | Press release
Wolters Kluwer acquires Open Accesspublisher; Expands Breadth of Lippincott Journal Portfolio Waltham, MA, September 30, 2022 – Wolters Kluwer Health announced today that it has signed and completed an agreement to acquire IJS Publishing Group (IJSPG), a UK-based provider of peer-reviewed medical journals supporting scientists and authors. The IJSPG portfolio consists of 10 journal titles, including the International Journal of Surgery (IJS), IJS Case Reports (IJSCR), and Annals of Medicine and Surgery (AMS). IJSPG will become part of Health Learning, Research & Practice (LRP), which offers the Ovid®medical researchsolution, publishes over 300 medical journals and hundreds of medical and nursing books, and produces digital nursing solutions for education and practice. The acquisition expands the breadth and depth of the Lippincott journal portfolio with high impact factor, surgery-related research and strengthens its Open Access position with several well-established journals accessibl
EPH European Property Holdings PLC announces Interim Unaudited Results for the Six Months Ending 30 June 202230.9.2022 19:00:00 CEST | Press release
30 September 2022, Nicosia, Cyprus | Ad hoc announcement pursuant to Art. 53 LR EPH European Property Holdings PLC (EPH), a real estate investment company, today announces its interim unaudited results for the first half of 2022. BUSINESS HIGHLIGHTS FIRST HALF YEAR 2022 In February 2022, EPH European Property Holdings PLC (the “Company” or “EPH”) relocated to Cyprus, a member of the European Union and euro zone. Furthermore, EPH has changed its functional currency and presentation currency of EPH Group’s financial statements from US$ to EUR as of 1 January 2022. This takes into account the significant expansion of EPH’s European real estate portfolio and the strategy of the Company to focus its investments on major European cities. In addition, the change increases transparency and allows the Company to better reflect the performance of the asset portfolio, as a large proportion of the portfolio is located in Germany and Austria and rental income is generated in euros. EPH’s property p