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UPM Biorefining almost doubles operating profit

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Published in issue 47/2015
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As a result of higher pulp prices and cost savings, the UPM Biorefining division almost doubled its operating profit to €122m (July-Sept. 2014: 64m) in the third quarter of 2015. The division, in which pulp and lumber business of the Finnish company UPM-Kymmene Corporation, Helsinki, is bundled, turned over €554m ...

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