A €90M self adhesive label materials factory is to be built by UPM in Poland. Construction will begin in the third quarter of this year, and production is scheduled to start in the final quarter of 2008. The new facility will serve the growing eastern European markets and meet increasing European demand for filmic label materials.
"For UPM, this will be the first industrial operation in eastern Central Europe," says Jussi Pesonen, president and ceo of UPM. “Label is one of our core businesses, and a strategic growth area for the company. We have invested strongly in its development in recent years, and its sales and results have developed favourably.”
The new factory will be equipped with the latest proprietary technology both in coating and finishing. It will supply a wide range of high quality film and paper labelstock products with water based acrylic and hot-melt adhesives.
Heikki Pikkarainen, president of UPM's Label Division, comments: “This will secure our and UPM Raflatac's label printing customers in Europe a solid growth platform for many years to come. Our on-going global strategic development programme, which has necessitated building new, modern production facilities in North America, Asia and now in Europe, will be largely complete. Our aim is to become the leading supplier in Europe.”
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