Business Services Industry

UPM-Kymmene Corporation launches feasibility study at paper mill in the US

Nordic Business Report, June 30, 2004

NORDIC BUSINESS REPORT-30 June 2004-UPM-Kymmene Corporation launches feasibility study at paper mill in the US(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish paper industry company UPM-Kymmene Corporation said on Thursday (1 July) that it was launching a feasibility study at its Blandin paper mill in Minnesota, US, in order to determine the economic and environmental feasibility of building a new publication paper machine.

A comprehensive study generally takes at least a year to complete, but the company said that it would work to complete the assessment as soon as possible.

UPM-Kymmene said that it would also proactively prepare a Minnesota Environmental Impact Statement (EIS).

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