yesterday at 12:29
,Germany
September 28, 2025, marked a significant date for the Finnish forest industry as UPM and Versowood announced the signing of a new long-term partnership agreement. This agreement provides strategic benefits to both parties and improves UPM’s timber procurement in Finland. Under this deal, UPM secures access to high-quality fiber wood and chips, which are vital for the efficient operation of the company’s pulp mills.
The Finnish pulp market has been highly competitive, and the availability of fiber wood has become an increasingly critical factor. This new partnership positions UPM strongly, as it gains access to high-quality fiber wood and chips produced as a by-product of Versowood’s sawmills. In return, Versowood benefits from the logs supplied through UPM’s timber procurement, which are used in its own sawmills. This enables Versowood’s sawmill operations to run more smoothly, supporting the company’s strategy to focus on the production of high-quality sawn timber products.
UPM’s collaboration with Versowood, Finland’s largest private producer and processor of sawn timber, represents a significant step in UPM’s strategy. This partnership strengthens the availability of fiber and chips for UPM’s Finnish pulp mills, which is crucial for the efficient use of the company’s resources and the enhancement of sawn timber production. The partnership also ensures the continued processing of high-quality Finnish logs into premium sawn timber.
This partnership is not just a new beginning but also a natural continuation of a long-standing collaboration between UPM and Versowood. Their cooperation has been successful in the past, and with this agreement, the two companies aim to solidify their long-term positions and explore new opportunities in sustainable forestry and wood production.
UPM operates sawmill businesses in Lappeenranta, Pori, and Pietarsaari, maintaining its position as one of Finland’s largest sawn timber producers. This new partnership with Versowood enables UPM to utilize its resources even more efficiently and provides a competitive edge as it focuses on its strategy, particularly in the growing fiber wood and chip markets. The partnership underscores UPM’s commitment to long-term, sustainable business relationships and enhances the processing of Finnish forest products for global markets.
Overall, the new agreement between UPM and Versowood reflects both companies’ dedication to the local economy, forest industry traditions, and the production of high-quality products. It is clear that this partnership offers opportunities for better resource utilization and more innovative solutions in the timber market, which are essential for both local industry and global sustainability.
