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UPM-Kymmene concludes sale of Tikhvinsky to IP

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Published in issue 37/2011
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On 27 July 2011 the Finnish timber, paper and forestry group UPM-Kymmene Corp., headquartered in Helsinki, announced that the sale had been concluded of the Russian forestry business ZAO Tikhvinsky Kompexny Lespromkhos (Tikhvinsky), based in Tikhvin, to the US-American paper and timber group International Paper Corp. ...

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