. Don't worry if you have never heard of this Finnish company, valued at €16 billion on the Helsinki Stock Exchange, although it happens to be the fourth-biggest paper and pulp manufacturer in the world. The){kind=link}
Timber! Plunging demand for paper, with pulp prices falling to where they traded five years ago, have hit forestry businesses hard.
But wood remains a renewable resource with a wide and growing variety of uses, including construction and clothing, replacing many materials from concrete to polyester that are made with or from fossil fuels. So I have just logged into a company whose paper and sawmills began turning in the 1870s and where new projects are turning science fiction into commercial fact.
Step forward UPM Kymmene (stock market ticker: UPM). Don’t worry if you have never heard of this Finnish company, valued at €16 billion on the Helsinki Stock Exchange, although it happens to be the fourth-biggest paper and pulp manufacturer in the world.
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